[Federal Register Volume 86, Number 16 (Wednesday, January 27, 2021)]
[Notices]
[Page 7336]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-01723]


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DEPARTMENT OF THE TREASURY


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Treasury Foreign Currency Forms

AGENCY: Departmental Offices, U.S. Department of the Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury will submit the following 
information collection requests to the Office of Management and Budget 
(OMB) for review and clearance in accordance with the Paperwork 
Reduction Act of 1995, on or after the date of publication of this 
notice. The public is invited to submit comments on this request.

DATES: Comments must be received on or before February 26, 2021.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be 
obtained from Molly Stasko by emailing <a href="/cdn-cgi/l/email-protection#f3a3a1b2b3878196928086818add949c85"><span class="__cf_email__" data-cfemail="217173606155534440525453580f464e57">[email protected]</span></a>, calling (202) 
622-8922, or viewing the entire information collection request at 
www.reginfo.gov.

SUPPLEMENTARY INFORMATION: 
    Title: Treasury Foreign Currency Forms FC-1, FC-2, & FC-3.
    OMB Control Number: 1505-0010.
    Type of Review: Extension without change of a currently approved 
collection.
    Description: The filing of Foreign Currency Forms FC-1, FC-2, and 
FC-3 is pursuant to (31 U.S.C. 5315, which directs the Secretary of the 
Treasury to prescribe regulations (31 CFR 128, Subpart C), requiring 
reports on foreign currency transactions conducted by a United States 
person or a foreign person controlled by a United States person. The 
forms collect data on the foreign exchange spot, forward, futures, and 
options markets from all significant market participants.
    Form: Treasury Form FC-1, FC-2, FC-3.
    Affected Public: Businesses or other for-profit organizations.
    Estimated Number of Respondents: 29 for FC-1; 29 for FC-2; 47 for 
FC-3.
    Frequency of Response: Weekly for FC-1; Monthly for FC-2; and 
Quarterly for FC-3.
    Estimated Total Number of Annual Responses: 1508 for FC-1; 348 for 
FC-2; 188 for FC-3.
    Estimated Time per Response: 48 minutes for FC-1; 3 hours 36 
minutes for FC-2; 8 hours for FC-3.
    Estimated Total Annual Burden Hours: 1,206 hours for FC-1; 1,253 
hours for FC-2; 1,504 hours for FC-3.

    Authority: 44 U.S.C. 3501 et seq.

    Dated: January 21, 2021.
Molly Stasko,
Treasury PRA Clearance Officer.
[FR Doc. 2021-01723 Filed 1-26-21; 8:45 am]
BILLING CODE 4810-25-P


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