Form BQ-3 is required by law and is
designed to collect timely information on international portfolio
capital movements, including maturities of selected US dollar and
foreign currency liabilities of depository institions, bank and
financial holding companies, brokers and dealers. This information
is necessary for compiling US balance of payments accounts,
complying with internatinal daa reporting standards and formulating
US inter- natinal financial and monetary policies.
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.