Federal Register / Vol. 65, No. 116 / Thursday, June 15, 2000 / Notices 37601

DEPARTMENT OF THE TREASURY

Department Offices: Proposed

Collections; Comment Requests

ACTION: Notice and request for

comments.

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 revision

approval by the Office of Management

and Budget. The Office of Program

Services within the Department of the

Treasury is soliciting comments

concerning Treasury International

Capital Form BL–2/BL–2(SA), Custody

Liabilities of Reporting Banks, Brokers

and Dealers to Foreigners, Denominated

in Dollars.

DATES: Written comments should be

received on or before August 14, 2000

to be assured of consideration.

ADDRESSES: Direct all written comments

to Dwight Wolkow, Administrator,

International Portfolio Investment Data

Systems, Department of the Treasury,

Room 5205 MT, 1500 Pennsylvania

Avenue NW, Washington, DC 20220.

FOR FURTHER INFORMATION CONTACT:

Copies of the proposed revised form and

instructions are available at the Related

Links section of Treasury’s TIC Capital

Movements website: http://

www.ustreas.gov/tic/. Requests for

additional information should be

directed to Dwight Wolkow,

Administrator, International Portfolio

Investment Data Systems, Department of

the Treasury, Room 5205 MT, 1500

Pennsylvania Avenue NW, Washington,

DC 20220, phone (202) 622–1276, FAX

(202) 622–7448.

SUPPLEMENTARY INFORMATION:

Titles: Treasury International Capital

Form BL–2/BL–2(SA), Custody

Liabilities of Reporting Banks, Brokers

and Dealers to Foreigners, Denominated

in Dollars.

OMB Control Number: 1505–0018.

Abstract: Form BL–2/BL–2(SA) 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 BL–2 is a

monthly report (with a semiannual

supplement) that covers the U.S. dollar

custody liabilities of banks, other

depository institutions, brokers and

dealers, vis-a-vis foreign residents. This

information is necessary for compiling

the U.S. balance of payments accounts,

for calculating the U.S. international

investment position, and for formulating

U.S. international financial and

monetary policies. Current Actions: (a)

The exemption level for reporting

positions will be raised from $15

million at end-month; institutions will

be exempt from reporting if they had

both: (1) Less than $50 million at endmonth to report; and (2) they had less

than $25 million at end-month to report

vis-a-vis all counterparties in any one

country; (b) The geographic detail will

increase slightly by adding lines for

Luxembourg, the combined Channel

Islands & Isle of Man, New Zealand, the

Caribbean region, and the European

Central Bank. The British West Indies

line will be replaced with a Cayman

Islands line; (c) Columns will be added

on the BL–2 form for the reporting of

short-term U.S. Government agency

securities by sector of counterparty. The

form will be redesigned so it will be

available for downloading from the TIC

web site. These changes will be effective

as of January 31, 20001.

Type of Review : Revision of a

currently approved collection.

Affected Public: Business or other forprofit organizations.

Form BL–2/BL–2(SA) (1505–0018).

Estimated Number of Respondents:

110 (semiannual 30).

Estimated Average Time per

Respondent: Five and one/half (5.5)

hours per respondent per filing.

Estimated Total Annual Burden

Hours: 7,590 hours, based on twelve

reporting periods per year.

Request for Comments

Comments submitted in response to

this notice will be summarized and/or

included in the requests for OMB

approval. All comments will become a

matter of public record. The public is

invited to submit written comments

concerning: Whether BL–2/BL–2(SA) is

necessary for the proper performance of

the functions of the Office, including

whether the information collected has

practical uses; the accuracy of the above

burden estimates; ways to enhance the

quality, usefulness, and clarity of the

information to be collected; ways to

minimize the reporting and/or

recordkeeping burdens on respondents,

including the use of information

technologies to automate the collection

of the data; and estimates of capital or

start-up costs of operation, maintenance,

and purchases of services to provide

information.

Dwight Wolkow,

Administrator, International Portfolio

Investment Data Systems.

[FR Doc. 00–15065 Filed 6–14–00; 8:45 am]

BILLING CODE 4810–25–M

DEPARTMENT OF THE TREASURY

Departmental Offices; Proposed

Collection; Comment Request

ACTION: Notice and request for

comments.

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 revision

approval by the Office of Management

and Budget. The Office of Program

Services within the Department of the

Treasury is soliciting comments

concerning Treasury International

Capital Form BQ–1, Part 1: Reporting

Bank’s Own Claims, and Selected

Claims of Broker or Dealer, on

Foreigners; and Part 2: Domestic

Customers’ Claims on Foreigners Held

by Reporting Bank, Broker or Dealer,

Payable in Dollars.

DATES: Written comments should be

received on or before August 14, 2000

to be assured of consideration.

ADDRESSES: Direct all written comments

to Dwight Wolkow, Administrator,

Treasury International Portfolio

Investment Data Systems, Department of

the Treasury, Room 5205 MT, 1500

Pennsylvania Avenue NW., Washington,

DC 20220.

FOR FURTHER INFORMATION CONTACT:

Copies of the proposed revised form and

instructions are available at the Related

Links section of Treasury’s TIC Capital

Movements website: http://

www.ustreas.gov/tic/. Requests for

additional information should be

directed to Dwight Wolkow,

Administrator, International Portfolio

Investment Data Systems, Department of

the Treasury, Room 5205 MT, 1500

Pennsylvania Avenue NW., Washington,

DC 20220, phone (202) 622–1276, FAX

(202) 622–7448.

SUPPLEMENTARY INFORMATION:

Title: Treasury International Capital

Form BQ–1. Part 1: Reporting Bank’s

Own Claims, and Selected Claims of

Broker or Dealer, on Foreigners; Part 2:

Domestic Customers’ Claims on

Foreigners Held by Reporting Bank,

Broker or Dealer, Payable in Dollars.

OMB Control Number: 1505–0016