BE-185 Quarterly Survey of Financial Services Transactions Between U.S. Financial Services Providers and Foreign Persons

ICR 202110-0608-001

OMB: 0608-0065

Federal Form Document

ICR Details
0608-0065 202110-0608-001
Received in OIRA 202004-0608-012
DOC/EASA 200707-0608-185
BE-185 Quarterly Survey of Financial Services Transactions Between U.S. Financial Services Providers and Foreign Persons
Revision of a currently approved collection   No
Regular 11/18/2021
  Requested Previously Approved
36 Months From Approved 12/31/2021
2,860 2,860
24,140 23,740
0 0

This survey will be used in monitoring U.S. exports and imports of financial services; analyzing their impact on the U.S. and foreign economies; compiling the international transactions, national income and product, and input-output accounts of the United States; supporting U.S. international trade policy on financial services; assessing U.S. competitiveness in international trade in services; and improving the ability of U.S. businesses to identify and evaluate market opportunities.

PL: Pub.L. 94 - 472 22 U.S.C. 3101-3108 Name of Law: International Investment and Trade in Services Survey Act
  
None

Not associated with rulemaking

  86 FR 28333 05/26/2021
86 FR 53277 09/27/2021
Yes

  Total Request 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 2,860 2,860 0 0 0 0
Annual Time Burden (Hours) 24,140 23,740 0 400 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
There has been a minor adjustment to the estimated burden for completing the survey with data, which represents a fraction of an hour increase in burden for reporters filing the full survey. The result is a 400 hour increase across the estimated 2,320 quarterly reports which will be filed each year.

$700,000
Yes Part B of Supporting Statement
    No
    No
No
No
No
No
Christopher Stein 202 606-9850

  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.
11/18/2021


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