Notice2024-20212
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
September 9, 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 D, "Report of Holdings of, and Transactions in, Financial Derivatives Contracts with Foreign Residents". The report is mandatory.
Full Text
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<title>Federal Register, Volume 89 Issue 174 (Monday, September 9, 2024)</title>
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[Federal Register Volume 89, Number 174 (Monday, September 9, 2024)]
[Notices]
[Pages 73191-73192]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-20212]
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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 D, ``Report of
Holdings of, and Transactions in, Financial Derivatives Contracts with
Foreign Residents''. The report is mandatory.
DATES: Written comments should be received on or before November 8,
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. Wolkow by
email (<a href="/cdn-cgi/l/email-protection#1a797577777f746e69284e53595a6e687f7b696f6863347d756c"><span class="__cf_email__" data-cfemail="3d5e5250505853494e0f69747e7d494f585c4e484f44135a524b">[email protected]</span></a>), or by telephone (202-622-1276).
FOR FURTHER INFORMATION CONTACT: Copies of the proposed form and
instructions are available on the Treasury's TIC Forms web page, TIC D
Form and Instructions [verbar] U.S. Department of the Treasury.
Requests for additional information should be directed to Mr. Wolkow
(<a href="/cdn-cgi/l/email-protection#b3d0dcdeded6ddc7c081e7faf0f3c7c1d6d2c0c6c1ca9dd4dcc5"><span class="__cf_email__" data-cfemail="b1d2dedcdcd4dfc5c283e5f8f2f1c5c3d4d0c2c4c3c89fd6dec7">[email protected]</span></a>) or (202-622-1276).
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital Form D, ``Report of Holdings
of, and Transactions in, Financial Derivatives Contracts with Foreign
Residents.''
OMB Control Number: 1505-0199.
Abstract: Form D 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 part 128), and is designed to collect
timely information on international portfolio capital movements. Form D
is a quarterly report on holdings and transactions in derivatives
contracts undertaken between foreign resident counterparties and major
U.S.-resident participants in derivatives markets. 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 in the form or instructions are being
proposed at this time. Some clarifications and format changes may be
made to improve the instructions.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Form D (1505-0199).
Estimated Number of Respondents: 29.
Estimated Average Time per Respondent: Average 30 hours per
respondent per filing.
Estimated Total Annual Burden Hours: 3,480 hours, based on 4
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
[[Page 73192]]
public is invited to submit written comments concerning: (a) whether
Form D 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. 2024-20212 Filed 9-6-24; 8:45 am]
BILLING CODE 4810-AK-P
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