Treasury International Capital (TIC) Form CQ-1 "Report of Financial Liabilities to, and Financial Claims on, Foreign Residents" and Form CQ-2 "Report of Commercial Liabilities to,

ICR 200811-1505-009

OMB: 1505-0024

Federal Form Document

ICR Details
1505-0024 200811-1505-009
Historical Active 200510-1505-002
TREAS/DO
Treasury International Capital (TIC) Form CQ-1 "Report of Financial Liabilities to, and Financial Claims on, Foreign Residents" and Form CQ-2 "Report of Commercial Liabilities to,
Extension without change of a currently approved collection   No
Regular
Approved without change 01/27/2009
Retrieve Notice of Action (NOA) 12/18/2008
  Inventory as of this Action Requested Previously Approved
01/31/2012 36 Months From Approved 01/31/2009
832 0 884
5,408 0 5,746
0 0 0

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.

EO: EO 10033 Name/Subject of EO: Regulations governing the providing of statistical information to intergovernmental organizations
   US Code: 22 USC 3103 Name of Law: International Investment and Trade in Services Survey Act
   US Code: 22 USC 286f Name of Law: Bretton Woods Agreements Act
  
None

Not associated with rulemaking

  73 FR 46982 08/12/2008
73 FR 76695 12/17/2008
Yes

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 832 884 0 0 -52 0
Annual Time Burden (Hours) 5,408 5,746 0 0 -338 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
For Forms CQ-1 and CQ-2 there will be a reduction in burden hours to 5,408, as compared to the estimate of 5,746 currently carried in OMB's Information Collection Inventory. The total overall reduction is the result of a decrease of 338 hours due to the decrease in the number of respondents.

$178,356
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Dwight Wolkow 202-622-1276 [email protected]

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
12/18/2008


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