[Federal Register Volume 70, Number 205 (Tuesday, October 25, 2005)]
[Notices]
[Pages 61692-61693]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-21307]


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DEPARTMENT OF THE TREASURY


Submission for OMB Review; Comment Request

October 18, 2005.
    The Department of Treasury has submitted the following public 
information collection requirement(s) to OMB for review and clearance 
under the Paperwork Reduction Act of 1995, Public Law 104-13. Copies of 
the submission(s) may be obtained by calling the Treasury Bureau 
Clearance Officer listed. Comments regarding this information 
collection should be addressed to the OMB reviewer listed and to the 
Treasury Department Clearance Officer, Department of the Treasury, Room 
11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220.

DATES: Written comments should be received on or before November 25, 
2005.

Internal Revenue Service (IRS)

    OMB Number: 1545-0016.
    Type of Review: Revision.
    Title: Treasury International Capital Form BQ-1, ``Report of 
Customers' U.S. Dollar Claims on Foreigners''.
    Form: International Capital Form BQ-1.
    Description: Form BQ-1 is required by law and is designed to 
collect timely information on international portfolio capital 
movements, including U.S. dollar claims of customers of depository 
institutions, bank and financial holding companies, brokers and dealers 
vis-[agrave]-vis foreigners. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 909 hours.

    OMB Number: 1545-0017.
    Type of Review: Revision.
    Title: Treasury International Capital Form BC/BC (SA) ``Report of 
U.S. Dollar Claims of Depository Institutions, Brokers and Dealers on 
Foreigners''.
    Form: International Capital Form BC/BC (SA).
    Description: Form BC/BC(SA) is required by law and is designed to 
collect timely information on international portfolio capital 
movements, including own U.S. dollar claims of depository institutions, 
bank and financial holding companies, brokers and dealers vis-[agrave]-
vis foreigners. The information is necessary in the computation of the 
U.S. balance of payments accounts and the U.S. international investment 
position, and in the formulation of U.S. international financial and 
monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 33,804 hours.

    OMB Number: 1545-0018.
    Type of Review: Revision.
    Title: Treasury International Capital Form BL-2/BL-2(SA) ``Report 
of Customers' U.S. Dollar Liabilities to Foreigners''.
    Form: International Capital Form BL-2/BL-2(SA).
    Description: Form BL-2/BL-2(SA) is required by law and is designed 
to collect timely information on international portfolio capital 
movements, including U.S. dollar liabilities of customers of depository 
institutions, bank and financial holding companies, brokers and dealers 
vis-[aacute]-vis foreigners. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 9,000 hours.

    OMB Number: 1545-0019.
    Type of Review: Revision.
    Title: Treasury International Capital Form BL-1/BL-1(SA) ``Report 
of U.S. Dollar Liabilities of Depository Institutions, Brokers and 
Dealers to Foreigners''.
    Form: International Capital Form BL-1/BL-1(SA).
    Description: Form BL-1/BL-1(SA) is required by law and is designed 
to collect timely information on international portfolio capital 
movements, including U.S. dollar liabilities of depository 
institutions, bank and financial holding companies, brokers and dealers 
vis-[aacute]-vis foreigners. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 31,278 hours.


[[Page 61693]]


    OMB Number: 1545-0020.
    Type of Review: Revision.
    Title: Treasury International Capital Form BQ-2 ``Part 1--Report of 
Foreign Currency Liabilities and Claims of Depository Institutions, 
Brokers and Dealers, and of their Domestic Customers vis-[aacute]-vis 
Foreigners; Part 2--Report of Customers' Foreign Currency Liabilities 
to Foreigners''.
    Form: International Capital Form BQ-2.
    Description: Form BQ-2 is required by law and is designed to 
collect timely information on international portfolio capital 
movements, including liabilities and claims of depository institutions, 
bank and financial holding companies, brokers and dealers and their 
customers' liabilities vis-[aacute]-vis foreigners, that are 
denominated in foreign currencies. The information is necessary in the 
computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 3,564 hours.

    OMB Number: 1545-0024.
    Type of Review: Revision.
    Title: Treasury International Capital Form CQ-1 ``Report of 
Financial Liabilities to and Financial Claims on Foreign Residents'' 
and Form CQ-2 ``Report of Commercial Liabilities to, and Commercial 
Claims on Unaffiliated Foreign Residents''.
    Form: International Capital Form CQ1 and CQ-2.
    Description: Forms CQ-1 and CQ-2 are required by law to collect 
timely information on international portfolio capital movements, 
including data on financial and commercial liabilities to, and claims 
on unaffiliated foreigners and certain affiliated foreigners held by 
non-banking enterprises in the U.S. This information is necessary in 
the computation of the U.S. balance of payments accounts and the U.S. 
international investment position, and in the formulation of U.S. 
international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 5,746 hours.

    OMB Number: 1545-0149.
    Type of Review: Extension.
    Title: 31 CFR Part 128 Reporting of International Capital and 
Foreign Currency Transactions and Positions.
    Description: 31 CFR Part 128 establishes general guidelines for 
reporting on U.S. claims on and liabilities to, foreigners; on 
transactions in securities with foreigners; and on monetary reserves of 
the U.S. It also establishes guidelines for reporting on the foreign 
currency transactions of U.S. persons. It includes a recordkeeping 
requirement in section 128.5.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 4,950 hours.

    OMB Number: 1545-0189.
    Type of Review: Extension.
    Title: Treasury International Capital Form BQ-3 ``Report of 
Maturities of Selected Liabilities of Depository Institutions, Brokers 
and Dealers to Foreigners.
    Form: International Capital Form BQ-3.
    Description: Form BQ-3 is required by law and is designed to 
collect timely information on international portfolio capital 
movements, including maturities of selected U.S. dollar and foreign 
currency liabilities of depository institutions, bank and financial 
holding companies, brokers and dealers to foreigners. This information 
is necessary in the computation of the U.S. balance of payments 
accounts and the U.S. international investment position and in the 
formulation of U.S. international financial and monetary policies.
    Respondents: Business or other for-profit.
    Estimated Total Burden Hours: 1,312 hours.

    Clearance Officer: Dwight Wolkow, (202) 622-1276, Department of 
Treasury, Room 4410-1440NYA, 1500 Pennsylvania Avenue, NW., Washington, 
DC 20220.
    OMB Reviewer: Alexander T. Hunt, (202) 395-7316, Office of 
Management and Budget, Room 10235, New Executive Office Building, 
Washington, DC 20503.

Michael A. Robinson,
Treasury PRA Clearance Officer.
[FR Doc. 05-21307 Filed 10-24-05; 8:45 am]
BILLING CODE 4810-25-P