Federal Register / Vol. 80, No. 45 / Monday, March 9, 2015 / Notices 12447 

Reduction Project 0608–0072, 

Washington, DC 20503. 

Authority: 22 U.S.C. 3101–3108. 

Dated: February 2, 2014. 

Brian C. Moyer, 

Director, Bureau of Economic Analysis. 

[FR Doc. 2015–05412 Filed 3–6–15; 8:45 am] 

BILLING CODE 3510–06–P 

DEPARTMENT OF COMMERCE 

Bureau of Economic Analysis 

[Docket No. 150128090–5090–01] 

RIN 0691–XC038 

BE–185: Quarterly Survey of Financial 

Services Transactions Between U.S. 

Financial Services Providers and 

Foreign Persons 

AGENCY: Bureau of Economic Analysis, 

Commerce. 

ACTION: Notice of Reporting 

Requirements. 

SUMMARY: By this Notice, the Bureau of 

Economic Analysis (BEA), Department 

of Commerce, is informing the public 

that it is conducting the mandatory 

survey titled Quarterly Survey of 

Financial Services Transactions 

Between U.S. Financial Services 

Providers and Foreign Persons (BE– 

185). This survey is authorized by the 

International Investment and Trade in 

Services Survey Act and by Section 

5408 of the Omnibus Trade and 

Competitiveness Act of 1988. 

SUPPLEMENTARY INFORMATION: This 

Notice constitutes legal notification to 

all United States persons (defined 

below) who meet the reporting 

requirements set forth in this Notice that 

they must respond to, and comply with, 

the survey. Reports are due 45 days after 

the end of the U.S. person’s fiscal 

quarter, except for the final quarter of 

the U.S. person’s fiscal year when 

reports must be filed within 90 days. 

This notice is being issued in 

conformance with the rule BEA issued 

in 2012 (77 FR 24373) establishing 

guidelines for collecting data on 

international trade in services and direct 

investment through notices, rather than 

through rulemaking. Additional 

information about BEA’s collection of 

data on international trade in services 

and direct investment can be found in 

the 2012 rule, the International 

Investment and Trade in Services 

Survey Act (22 U.S.C. 3101 et seq.), and 

15 CFR part 801. Survey data on 

international trade in services and direct 

investment that are not collected 

pursuant to the 2012 rule are described 

separately in 15 CFR part 801. The BE– 

185 survey forms and instructions are 

available on the BEA Web site at 

www.bea.gov/ssb. 

Definitions 

(a) Person means any individual, 

branch, partnership, associated group, 

association, estate, trust, corporation, or 

other organization (whether or not 

organized under the laws of any State), 

and any government (including a 

foreign government, the United States 

Government, a State or local 

government, and any agency, 

corporation, financial institution, or 

other entity or instrumentality thereof, 

including a government-sponsored 

agency). 

(b) United States person means any 

person resident in the United States or 

subject to the jurisdiction of the United 

States. 

(c) United States, when used in a 

geographic sense, means the 50 States, 

the District of Columbia, the 

Commonwealth of Puerto Rico, and all 

territories and possessions of the United 

States. 

(d) Foreign person means any person 

resident outside the United States or 

subject to the jurisdiction of a country 

other than the United States. 

Reporting 

Who Must Report: (a) Reports are 

required from each U.S. person who had 

sales of covered financial services to 

foreign persons that exceeded $20 

million for the previous fiscal year, or 

are expected to exceed that amount 

during the current fiscal year; or had 

purchases of covered financial services 

from foreign persons that exceeded $15 

million for the previous fiscal year, or 

are expected to exceed that amount 

during the current fiscal year. Because 

the thresholds are applied separately to 

sales and purchases, the reporting 

requirements may apply only to sales, 

only to purchases, or to both sales and 

purchases. 

(b) Entities required to report will be 

contacted individually by BEA. Entities 

not contacted by BEA have no reporting 

responsibilities. 

What to Report: The survey collects 

information on transactions in the 

covered financial services between U.S. 

financial services providers and foreign 

persons. 

How to Report: Reports can be filed 

using BEA’s electronic reporting system 

at www.bea.gov/efile. Copies of the 

survey forms and instructions, which 

contain complete information on 

reporting procedures and definitions, 

may be obtained at the BEA Web site 

given above. Form BE–185 inquiries can 

be made by phone to BEA at (202) 606– 

5588 or by sending an email to 

be185help@bea.gov. 

When To Report: Reports are due to 

BEA 45 days after the end of the fiscal 

quarter, except for the final quarter of 

the reporter’s fiscal year when reports 

must be filed within 90 days. 

Paperwork Reduction Act Notice 

This data collection has been 

approved by the Office of Management 

and Budget (OMB) in accordance with 

the Paperwork Reduction Act and 

assigned control number 0608–0065. An 

agency may not conduct or sponsor, and 

a person is not required to respond to, 

a collection of information unless it 

displays a valid control number 

assigned by OMB. Public reporting 

burden for this collection of information 

is estimated to average 10 hours per 

response. Send comments regarding this 

burden estimate to Director, Bureau of 

Economic Analysis (BE–1), U.S. 

Department of Commerce, Washington, 

DC 20230; and to the Office of 

Management and Budget, Paperwork 

Reduction Project 0608–0065, 

Washington, DC 20503. 

Authority: 22 U.S.C. 3101–3108 and 15 

U.S.C. 4908(b). 

Dated: February 2, 2015. 

Brian C. Moyer, 

Director, Bureau of Economic Analysis. 

[FR Doc. 2015–05423 Filed 3–6–15; 8:45 am] 

BILLING CODE 3510–06–P 

DEPARTMENT OF COMMERCE 

Bureau of Economic Analysis 

[Docket No. 150128088–5088–01] 

RIN 0691–XC036 

BE–125: Quarterly Survey of 

Transactions in Selected Services and 

Intellectual Property With Foreign 

Persons 

AGENCY: Bureau of Economic Analysis, 

Commerce. 

ACTION: Notice of Reporting 

Requirements. 

SUMMARY: By this Notice, the Bureau of 

Economic Analysis (BEA), Department 

of Commerce, is informing the public 

that it is conducting the mandatory 

survey titled Quarterly Survey of 

Transactions in Selected Services and 

Intellectual Property with Foreign 

Persons (BE–125). This survey is 

authorized by the International 

Investment and Trade in Services 

Survey Act. 

SUPPLEMENTARY INFORMATION: This 

Notice constitutes legal notification to 

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