38208 Federal Register / Vol. 83, No. 150 / Friday, August 3, 2018 / Notices 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or start-up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Dated: July 30, 2018. 

Karen Solomon, 

Acting Senior Deputy Comptroller and Chief 

Counsel. 

[FR Doc. 2018–16641 Filed 8–2–18; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

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 revisions in 

2018 of a currently approved 

information collection that is 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 the revision of 

the Annual Report of U.S. Ownership of 

Foreign Securities, including Selected 

Money Market Instruments. The next 

such collection is an annual survey to 

be conducted as of December 31, 2018. 

DATES: Written comments should be 

received on or before October 2, 2018 to 

be assured of consideration. 

ADDRESSES: Direct all written comments 

to Dwight Wolkow, International 

Portfolio Investment Data Systems, 

Department of the Treasury, Room 5422 

MT, 1500 Pennsylvania Avenue NW, 

Washington DC 20220. In view of 

possible delays in mail delivery, you 

may also wish to send a copy to Mr. 

Wolkow by email (comments2TIC@

do.treas.gov) or FAX (202–622–2009). 

Mr. Wolkow can also be reached by 

telephone (202–622–1276). 

FOR FURTHER INFORMATION CONTACT: 

Copies of the proposed form and 

instructions are available at Part II of the 

Treasury International Capital (TIC) 

Forms web page ‘‘Forms SHL/SHLA & 

SHC/SHCA’’, at: https://

www.treasury.gov/resource-center/datachart-center/tic/Pages/formssh.aspx#shc. The proposed forms 

(called schedules) are unchanged from 

the previous survey that was conducted 

as of December 31, 2017 (SHCA(2017)). 

The ‘‘Current Actions’’ below are 

changes in the previous instructions. 

Requests for additional information 

should be directed to Mr. Wolkow. 

SUPPLEMENTARY INFORMATION: 

Title: Treasury International Capital 

(TIC) Form SHC/SHCA ‘‘U.S. 

Ownership of Foreign Securities, 

including Selected Money Market 

Instruments.’’ 

OMB Control Number: 1505–0146. 

Abstract: Form SHC/SHCA is part of 

the Treasury International Capital (TIC) 

reporting system, which is required by 

law (22 U.S.C. 3101 et seq.; E.O. 11961; 

31 CFR 129) and is used to conduct 

annual surveys of U.S. residents’ 

ownership of foreign securities for 

portfolio investment purposes. These 

data are used by the U.S. Government in 

the formulation of international 

financial and monetary policies, and for 

the computation of the U.S. balance of 

payments accounts and of the U.S. 

international investment position. These 

data are also used to provide 

information to the public and to meet 

international reporting commitments. 

The SHC/SHCA survey is part of an 

internationally coordinated effort under 

the auspices of the International 

Monetary Fund to improve data on 

securities worldwide. Most of the major 

industrial and financial countries 

conduct similar surveys. 

The data collection includes large 

benchmark surveys conducted every 

five years, and smaller annual surveys 

conducted in the non-benchmark years. 

The data collected under an annual 

survey are used in conjunction with the 

results of the preceding benchmark 

survey and of recent SLT reports to 

make economy-wide estimates for that 

non-benchmark year. Currently, the 

determination of who must report in the 

annual surveys is based primarily on the 

data submitted during the preceding 

benchmark survey and on data 

submitted on SLT reports around June 

of the survey year. The data requested 

in the annual survey will generally be 

the same as requested in the preceding 

benchmark report. Form SHC is used for 

the benchmark survey of all significant 

U.S.-resident custodians and endinvestors regarding U.S. ownership of 

foreign securities. In non-benchmark 

years Form SHCA is used for the annual 

surveys of primarily the very largest 

U.S.-resident custodians and endinvestors. 

Current Actions: 

No changes in the forms (schedules) 

are made from the previous survey that 

was conducted as of December 31, 2017. 

The proposed changes in the 

instructions are: 

(1) In section II.A.(2) ‘‘Who Must 

Report/End-Investors’’, new text is 

added to clarify reporting 

responsibilities; in particular that 

reporting (as end-investor) is the 

responsibility of the manager of a fund, 

partnership, trust, etc., if they have 

discretion over investments of the fund/ 

partnership/trust/etc.; 

(2) In section II.A.(2) ‘‘Who Must 

Report/End-Investors’’, the terms 

‘‘limited partnerships and trusts’’ are 

added in the third bullet in the list; 

(3) Section III.B/’’direct investments’’ 

is revised to make the section more 

uniform across all TIC reports; 

(4) Section III.C.4/’’pension & 

retirement funds’’ is revised to cover 

reporting responsibilities and foreignresident pension funds; 

(5) In Appendix G, the link is 

corrected to point to the March 2018 

version of the TIC Glossary. 

(6) Some changes in text, page 

numbers and formatting are made to 

clarify other parts of the instructions. 

The changes will improve overall 

survey reporting. 

Type of Review: Revision of currently 

approved data collection. 

Affected Public: Business/Financial 

Institutions. 

Form: TIC SHC/SHCA, Schedules 1, 2 

and 3 (1505–0146). 

Estimated Number of Respondents: 

An annual average (over five years) of 

306, but this varies widely from about 

785 in benchmark years (once every five 

years) to about 190 in other years (four 

out of every five years). 

Estimated Average Time per 

Respondent: An annual average (over 

five years) of about 174 hours, but this 

will vary widely from respondent to 

respondent. (a) In the year of a 

benchmark survey, which is conducted 

once every five years, it is estimated that 

exempt respondents will require an 

average of 17 hours; custodians of 

securities providing security-by-security 

information will require an average of 

361 hours, but this figure will vary 

widely for individual custodians; endinvestors providing security-by-security 

information will require an average of 

121 hours; and end-investors and 

custodians employing U.S. custodians 

will require an average of 41 hours. (b) 

In a non-benchmark year, which occurs 

four years out of every five years: 

Custodians of securities providing 

security-by-security information will 

require an average of 546 hours (because 

only the largest U.S.-resident custodians 

will report), but this figure will vary 

widely for individual custodians; endinvestors providing security-by-security 

information will require an average of 

146 hours; and reporters entrusting their 

foreign securities to U.S. custodians will 

require an average of 49 hours. The 


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Federal Register / Vol. 83, No. 150 / Friday, August 3, 2018 / Notices 38209 

exemption level, which applies only in 

benchmark years when filing schedules 

2 or 3 or both, for custodians and for 

end-investors is the holding of less than 

$200 million in reportable foreign 

securities owned by U.S. residents. For 

schedule 2, end-investors should 

exclude securities that are held with 

their unaffiliated U.S.-resident 

custodians. 

Estimated Total Annual Burden 

Hours: An annual average (over five 

years) of 53,260 hours. 

Frequency of Response: Annual. 

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 the 

Survey is necessary for the proper 

performance of the functions of the 

Office of International Affairs within the 

Department of the Treasury, including 

whether the information collected 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 requested; and 

(e) estimates of capital or start-up costs 

of operation, maintenance and purchase 

of services to provide the information 

requested. 

Dwight Wolkow, 

Administrator, International Portfolio 

Investment Data Systems. 

[FR Doc. 2018–16636 Filed 8–2–18; 8:45 am] 

BILLING CODE 4810–25–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

[OMB Control No. 2900–0232] 

Proposed Information Collection 

Activity: Application for Burial in a 

National Cemetery 

AGENCY: National Cemetery 

Administration, Department of Veterans 

Affairs. 

ACTION: Notice. 

SUMMARY: In compliance with the 

Paperwork Reduction Act (PRA) of 

1995, this notice announces that the 

National Cemetery Administration 

(NCA), Department of Veterans Affairs, 

will submit the collection of 

information abstracted below to the 

Office of Management and Budget 

(OMB) for review and comment. The 

PRA submission describes the nature of 

the information collection and its 

expected cost and burden and it 

includes the actual data collection 

instrument. 

DATES: Comments must be submitted on 

or before September 4, 2018. 

ADDRESSES: Submit written comments 

on the collection of information through 

www.Regulations.gov, or to Office of 

Information and Regulatory Affairs, 

Office of Management and Budget, Attn: 

VA Desk Officer; 725 17th St. NW, 

Washington, DC 20503 or sent through 

electronic mail to oira_submission@

omb.eop.gov. Please refer to ‘‘OMB 

Control No. 2900–0232’’ in any 

correspondence. 

FOR FURTHER INFORMATION CONTACT: 

Cynthia D. Harvey-Pryor, Enterprise 

Records Service (005R1B), Department 

of Veterans Affairs, 810 Vermont 

Avenue NW, Washington, DC 20420, 

(202) 461–5870 or email cynthia.harveypryor@va.gov. Please refer to ‘‘OMB 

Control No. 2900–0232’’ in any 

correspondence. 

SUPPLEMENTARY INFORMATION: 

Authority: 44 U.S.C. 3501–21. 

Title: Application for Burial in a 

National Cemetery. 

OMB Control Number: 2900–0232. 

Type of Review: Reinstatement, 

without change, of a previously 

approved collection. 

Abstract: VA requires applicants for 

national cemetery burial to provide 

information to verify eligibility for 

burial in a national cemetery, to 

schedule interment and to provide 

services requested by the decedent’s 

family or personal representative. This 

information is also used for planning 

and scheduling cemetery services and to 

provide for specific requests from family 

members or the personal representative, 

such as the request for funeral honors to 

be performed during committal or 

memorial services. 

An agency may not conduct or 

sponsor, and a person is not required to 

respond to a collection of information 

unless it displays a currently valid OMB 

control number. The Federal Register 

Notice with a 60-day comment period 

soliciting comments on this collection 

of information was published at 83 FR 

20160 on May 7, 2018. 

Affected Public: Individuals and 

households. 

Estimated Annual Burden: 33,750. 

Estimated Average Burden per 

Respondent: 15 minutes. 

Frequency of Response: One time. 

Estimated Number of Respondents: 

135,000. 

By direction of the Secretary. 

Cynthia D. Harvey-Pryor, 

Department Clearance Officer, Office of 

Quality, Privacy and Risk, Department of 

Veterans Affairs. 

[FR Doc. 2018–16628 Filed 8–2–18; 8:45 am] 

BILLING CODE 8320–01–P 


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