Notice2024-03323
Proposed Collection; Comment Request
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
February 16, 2024
Issuing agencies
Treasury Department
Abstract
The Department of the Treasury, as part of its continuing effort to reduce paperwork burdens, invites the general public and other Federal agencies to comment on an information collection that is due for extension approval by the Office of Management and Budget. The Office of International Affairs of the Department of the Treasury is soliciting comments concerning extension without change of the following form: Treasury International Capital Form SLT, "Aggregate Holdings, Purchases and Sales, and Fair Value Changes of Long-Term Securities by U.S. and Foreign Residents." The report is mandatory.
Full Text
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<title>Federal Register, Volume 89 Issue 33 (Friday, February 16, 2024)</title>
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[Federal Register Volume 89, Number 33 (Friday, February 16, 2024)]
[Notices]
[Page 12420]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-03323]
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DEPARTMENT OF THE TREASURY
Proposed Collection; Comment Request
AGENCY: Departmental Offices; Department of the Treasury.
SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork burdens, invites the general public and
other Federal agencies to comment on an information collection that is
due for extension approval by the Office of Management and Budget. The
Office of International Affairs of the Department of the Treasury is
soliciting comments concerning extension without change of the
following form: Treasury International Capital Form SLT, ``Aggregate
Holdings, Purchases and Sales, and Fair Value Changes of Long-Term
Securities by U.S. and Foreign Residents.'' The report is mandatory.
DATES: Written comments should be received on or before April 16, 2024
to be assured of consideration.
ADDRESSES: Direct all written comments to Dwight Wolkow, International
Portfolio Investment Data Systems, Department of the Treasury, Room
1050, 1500 Pennsylvania Avenue NW, Washington, DC 20220. In view of
possible delays in mail delivery, please also notify Mr. Dwight Wolkow
by email (<a href="/cdn-cgi/l/email-protection#f0939f9d9d959e8483c2a4b9b3b08482959183858289de979f86"><span class="__cf_email__" data-cfemail="21424e4c4c444f5552137568626155534440525453580f464e57">[email protected]</span></a>), or telephone (202-622-1276).
FOR FURTHER INFORMATION CONTACT: Copies of the proposed forms and
instructions are available on the Treasury's TIC Forms web page,
<a href="https://home.treasury.gov/data/treasury-international-capital-tic-system-home-page/tic-forms-instructions/tic-slt-form-and-instructions">https://home.treasury.gov/data/treasury-international-capital-tic-system-home-page/tic-forms-instructions/tic-slt-form-and-instructions</a>.
Requests for additional information should be directed to Mr. Dwight
Wolkow, (<a href="/cdn-cgi/l/email-protection#bcdfd3d1d1d9d2c8cf8ee8f5fffcc8ced9ddcfc9cec592dbd3ca"><span class="__cf_email__" data-cfemail="e2818d8f8f878c9691d0b6aba1a2969087839197909bcc858d94">[email protected]</span></a> or 202-622-1276).
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital Form SLT, ``Aggregate
Holdings, Purchases and Sales, and Fair Value Changes of Long-Term
Securities by U.S. and Foreign Residents.''
OMB Control Number: 1505-0235.
Abstract: Form SLT is part of the Treasury International Capital
(TIC) reporting system, which is required by law (22 U.S.C. 286f; 22
U.S.C. 3103; E.O. 10033; 31 CFR 128) and is designed to collect timely
information on international portfolio capital movements. Form SLT is a
monthly report on cross-border portfolio investment in long-term
marketable securities by U.S. and foreign residents. This information
is used by the U.S. Government in the formulation of international
financial and monetary policies and for the preparation of the U.S.
balance of payments accounts and the U.S. international investment
position.
Current Actions: No changes will be made in Form SLT or in the
instructions for the form.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations. Form
SLT (1505-0235).
Estimated Number of Respondents: 429.
Estimated Average Time per Respondent: Average 12 hours per
respondent per filing. The estimated average burden per respondent
varies widely, from about 21.6 hours per filing for a U.S.-resident
custodian to about 9.3 hours for a U.S.-resident issuer or U.S.-
resident end-investor.
Estimated Total Annual Burden Hours: 61,600 hours, based on 12
reporting periods per year.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for Office of
Management and Budget approval. All comments will become a matter of
public record. The public is invited to submit written comments
concerning: (a) Whether Form SLT is necessary for the proper
performance of the functions of the Office, including whether the
information will have practical uses; (b) the accuracy of the above
estimate of the burdens; (c) ways to enhance the quality, usefulness
and clarity of the information to be collected; (d) ways to minimize
the reporting and/or record keeping burdens on respondents, including
the use of information technologies to automate the collection of the
data; and (e) estimates of capital or start-up costs of operation,
maintenance and purchase of services to provide information.
Dwight Wolkow,
Administrator, International Portfolio Investment Data Reporting
Systems.
[FR Doc. 2024-03323 Filed 2-15-24; 8:45 am]
BILLING CODE 4810-AK-P
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