Notice2022-10721
Mandatory Survey of Foreign Ownership of U.S. Securities
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 19, 2022
Issuing agencies
Treasury Department
Full Text
<html>
<head>
<title>Federal Register, Volume 87 Issue 97 (Thursday, May 19, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 97 (Thursday, May 19, 2022)]
[Notices]
[Pages 30559-30560]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-10721]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Mandatory Survey of Foreign Ownership of U.S. Securities
AGENCY: Departmental Offices, Department of the Treasury.
ACTION: Notice of reporting requirements.
-----------------------------------------------------------------------
By this Notice and in accordance with 31 CFR part 129, the
Department of the Treasury is informing the public that it is
conducting a mandatory survey of foreign ownership of U.S. securities
as of June 30, 2022. This mandatory survey is conducted under the
authority of the International Investment and Trade in Services Survey
Act. This Notice constitutes legal notification to all United States
persons (defined below) who meet the reporting requirements set forth
in this Notice that they must respond to, and comply with, this survey.
Additional copies of the reporting forms SHLA (2022) and instructions
may be printed from the internet at: <a href="https://home.treasury.gov/data/treasury-international-capital-tic-system-home-page/tic-forms-instructions/forms-shl">https://home.treasury.gov/data/treasury-international-capital-tic-system-home-page/tic-forms-instructions/forms-shl</a>.
Definition: A U.S. person is any individual, branch, partnership,
associated group, association, estate, trust, corporation, or other
organization (whether or not organized under the laws of any State),
and any government (including a foreign government, the United States
Government, a State or local government, and any agency, corporation,
financial institution, or other entity or instrumentality thereof,
including a government-sponsored
[[Page 30560]]
agency), who resides in the United States or is subject to the
jurisdiction of the United States.
Who Must Report: This mandatory survey is conducted under the
authority of the International Investment and Trade in Services Survey
Act (22 U.S.C. 3101 et seq.) The panel for this survey is based
primarily on the level of foreign resident holdings of U.S. securities
reported on the June 2019 benchmark survey of foreign resident holdings
of U.S. securities, and on the Aggregate Holdings of Long-Term
Securities by U.S. and Foreign Residents (TIC SLT) report as of
December 2021, and will consist mostly of the largest reporters.
Entities required to report will be contacted individually by the
Federal Reserve Bank of New York. Entities not contacted by the Federal
Reserve Bank of New York have no reporting responsibilities.
What to Report: This report will collect information on foreign
resident holdings of U.S. securities, including equities, short-term
debt securities (including selected money market instruments), and
long-term debt securities.
How to Report: Copies of the survey forms and instructions, which
contain complete information on reporting procedures and definitions,
may be obtained at the website address given above in the Summary, or
by contacting the survey staff of the Federal Reserve Bank of New York
at (212) 720-6300 or (646) 720-6300, email: <a href="/cdn-cgi/l/email-protection#67342f2b26490f020b1727091e4901150549081500"><span class="__cf_email__" data-cfemail="d182999d90ffb9b4bda191bfa8ffb7a3b3ffbea3b6">[email protected]</span></a>. The
mailing address is: Federal Reserve Bank of New York, Data and
Statistics Function, 6th Floor, 33 Liberty Street, New York, NY 10045-
0001. Inquiries can also be made to the Federal Reserve Board of
Governors, at (202) 452-3476, or to Dwight Wolkow, at (202) 923-0518,
or by email: <a href="/cdn-cgi/l/email-protection#690a0604040c071d1a5b3d202a291d1b0c081a1c1b10470e061f"><span class="__cf_email__" data-cfemail="3d5e5250505853494e0f69747e7d494f585c4e484f44135a524b">[email protected]</span></a>.
When to Report: Data should be submitted to the Federal Reserve
Bank of New York, acting as fiscal agent for the Department of the
Treasury, by August 31, 2022.
Paperwork Reduction Act Notice: This data collection has been
approved by the Office of Management and Budget (OMB) in accordance
with the Paperwork Reduction Act and assigned control number 1505-0123.
An agency may not conduct or sponsor, and a person is not required to
respond to, a collection of information unless it displays a valid
control number assigned by OMB. The estimated average annual burden
associated with this collection of information is 486 hours per report
for the largest custodians of securities, and 110 hours per report for
the largest issuers of securities that have data to report and are not
custodians. Comments concerning the accuracy of this burden estimate
and suggestions for reducing this burden should be directed to the
Department of the Treasury, Office of International Affairs, Attention
Administrator, International Portfolio Investment Data Reporting
Systems, Room 1050, Washington, DC 20220, and to OMB, Attention Desk
Officer for the Department of the Treasury, Office of Information and
Regulatory Affairs, Washington, DC 20503.
Dwight D. Wolkow,
Administrator, International Portfolio Investment Data Reporting
Systems.
[FR Doc. 2022-10721 Filed 5-18-22; 8:45 am]
BILLING CODE 4810-AK-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on May 19, 2022.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.