Notice2025-18921
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 30, 2025
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 renewal of a currently approved information collection that is to be proposed for approval by the Office of Management and Budget. The Office of International Affairs within the Department of the Treasury is soliciting comments concerning Treasury International Capital (TIC) Forms BC, BL-1, BL-2, BQ-1, BQ-2, and BQ-3 (called the "TIC B forms"). The collections are mandatory.
Full Text
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<title>Federal Register, Volume 90 Issue 187 (Tuesday, September 30, 2025)</title>
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[Federal Register Volume 90, Number 187 (Tuesday, September 30, 2025)]
[Notices]
[Pages 47133-47134]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-18921]
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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 renewal of a currently approved
information collection that is to be proposed for approval by the
Office of Management and Budget. The Office of International Affairs
within the Department of the Treasury is soliciting comments concerning
Treasury International Capital (TIC) Forms BC, BL-1, BL-2, BQ-1, BQ-2,
and BQ-3 (called the ``TIC B forms''). The collections are mandatory.
DATES: Written comments should be received on or before December 1,
2025 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#f4979b9999919a8087c6a0bdb7b4808691958781868dda939b82"><span class="__cf_email__" data-cfemail="e4878b8989818a9097d6b0ada7a4909681859791969dca838b92">[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/tic-forms-instructions">https://home.treasury.gov/data/treasury-international-capital-tic-system/tic-forms-instructions</a>. Requests for additional information
should be directed to Mr. Wolkow (<a href="/cdn-cgi/l/email-protection#bbd8d4d6d6ded5cfc889eff2f8fbcfc9dedac8cec9c295dcd4cd"><span class="__cf_email__" data-cfemail="2645494b4b4348525514726f6566525443475553545f08414950">[email protected]</span></a> or 202-622-
1276).
SUPPLEMENTARY INFORMATION:
Titles: Treasury International Capital (TIC) Form BC ``Monthly
Report of U.S. Dollar Claims of Financial Institutions on Foreign
Residents;'' TIC BL-1 ``Monthly Report of U.S. Dollar Liabilities of
Financial Institutions to Foreign Residents;'' TIC BL-2 ``Monthly
Report of Customers' U.S. Dollar Liabilities to Foreign Residents;''
TIC BQ-1 ``Quarterly Report of Customers' U.S. Dollar Claims on Foreign
Residents;'' TIC BQ-2 ``Part 1: Quarterly Report of Foreign Currency
Liabilities and Claims of Financial Institutions and of their Domestic
Customers' Foreign Currency Claims with Foreign Residents'' and ``Part
2: the Report of Customers' Foreign Currency Liabilities to Foreign
Residents;'' and TIC BQ-3 ``Quarterly Report of Maturities of Selected
Liabilities and Claims of Financial Institutions with Foreign
Residents.''
OMB Control Number: 1505-0016.
Abstract: Forms BC, BL-1, BL-2, BQ-1, BQ-2, BQ-3 are 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 are designed to collect timely information on international
portfolio capital movements. Reporting organizations report data as
follows: own monthly claims on foreign residents, denominated in U.S.
dollars (Form BC); own monthly liabilities to foreign residents,
denominated in U.S. dollars (form BL-1); U.S. customers' monthly
liabilities to foreign residents, denominated in U.S. dollars (form BL-
2); U.S.-resident customers' quarterly U.S. dollar claims on foreign
residents,
[[Page 47134]]
denominated in foreign currencies (BQ-1); own and their domestic
customers' quarterly claims and liabilities with foreign residents,
denominated in foreign currencies (BQ-2); remaining maturities of all
their own quarterly U.S. dollar and foreign currency liabilities and
claims (excluding securities) with 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 in the forms or instructions are
proposed at this time.
Type of Review: Extension of a currently approved collection.
Affected Public: Business or other for-profit organizations.
Forms: BC, BL-1, BL-2, BQ-1, BQ-2, and BQ-3.
Estimated Number of Respondents: BC, 271; BL-1, 280; BL-2, 80; BQ-
1, 53; BQ-2, 170; BQ-3, 118.
Estimated Average Time per Respondent per Filing: BC, 11.2 hours;
BL-1, 7.8 hours; BL-2, 9.2 hours; BQ-1, 4.2 hours; BQ-2, 7.8 hours; and
BQ-3, 10.5 hours. The average time varies, and is estimated to be
generally twice as many hours for major data reporters as for other
reporters.
Estimated Total Annual Burden Hours: BC, 37,150 hours for 12
reports per year; BL-1, 26,525 hours for 12 reports per year; BL-2,
8,845 hours for 12 reports per year; BQ-1, 890 hours for 4 reports per
year, BQ-2, 5,410 hours for 4 reports per year; and BQ-3, 4,960 hours
for 4 reports 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 Forms BC, BL-1, BL-2, BQ-1, BQ-2, and BQ-3 are
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. 2025-18921 Filed 9-29-25; 8:45 am]
BILLING CODE 4810-AK-P
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