Benchmark Survey of Financial Services Transactions Between U.S Financial Services Providers and Unaffiliated Foreign Persons

Forms and Documents

Document Name	Status
Form BE-180 Benchmark Survey of Financial Services Transactions between U.S Financial Services Providers and Foreign Persons (For-profit entities with mandatory or voluntary data) Form and Instruction	Modified
Form BE-180 Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (State, Local, and Tribal Governments filing mandatory and voluntary data) Form and Instruction	New
Form BE-180 Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (State, Local, and Tribal Governments filing mandatory and voluntary data) Form and Instruction	New
Form BE-180 Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (Not-for-profit entities filing exemption claim) Form and Instruction	New
Form BE-180 Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (Not-for-profit entities filing mandatory and voluntary data) Form and Instruction	New
Form BE-180 Benchmark Survey of Financial Services Transactions between U.S. Financial Service Providers and Foreign Persons (For-profit entities exemption claim) Form and Instruction	New
BE-180 supporting statement Section A.doc Supporting Statement A	2010-03-10
BE-180 support sttmt section B v3.doc Supporting Statement B	2010-03-11

IC Document Collections

IC ID	Document Title	Status
3731	Benchmark Survey of Financial Services Transactions between U.S Financial Services Providers and Foreign Persons (For-profit entities with mandatory or voluntary data) Form and Instruction	Modified
192237	Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (State, Local, and Tribal Governments filing mandatory and voluntary data) Form and Instruction	New
192235	Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (State, Local, and Tribal Governments filing mandatory and voluntary data) Form and Instruction	New
192234	Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (Not-for-profit entities filing exemption claim) Form and Instruction	New
192231	Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (Not-for-profit entities filing mandatory and voluntary data) Form and Instruction	New
192216	Benchmark Survey of Financial Services Transactions between U.S. Financial Service Providers and Foreign Persons (For-profit entities exemption claim) Form and Instruction	New

ICR Details

OMB Control No: 0608-0062	ICR Reference No: 201006-0608-002
Status: Historical Active	Previous ICR Reference No: 200411-0608-001
Agency/Subagency: DOC/EASA	Agency Tracking No:
Title: Benchmark Survey of Financial Services Transactions Between U.S Financial Services Providers and Unaffiliated Foreign Persons
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved	Conclusion Date: 06/24/2010
	Date Received in OIRA: 02/27/2013
Terms of Clearance: Prior to the commencement of the Benchmark Survey of Financial Services Transactions Between U.S Financial Services Providers and Unaffiliated Foreign Persons survey form distributions, the Bureau of Economic Analysis (BEA) shall provide on its Internet site prominent links to a complete set of finalized survey forms, including instructions and cover letters. The final forms and letters shall reflect any changes in the survey year, OMB number expiration date, and BEA leadership from those submitted for review. The documents preapproved for this ICR are those with the most recent date for each individual document type.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2013	36 Months From Approved
Responses	8,000	0	0
Time Burden (Hours)	24,000	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: 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.

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Authorizing Statute(s): US Code: 22 USC 3101-3108 Name of Law: International Investment and Trade in Services Survey Act
   US Code: 15 USC 4908(b) Name of Law: Omnibus Trade and Competitivenss Act of 1988
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0691-AA73	Final or interim final rulemaking	75 FR 119	06/22/2010

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	75 FR 10704	03/09/2010
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 6

IC Title	Form No.	Form Name
Benchmark Survey of Financial Services Transactions between U.S Financial Services Providers and Foreign Persons (For-profit entities with mandatory or voluntary data)	BE-180	Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (For-profit entities with mandatory or voluntary data)
Benchmark Survey of Financial Services Transactions between U.S. Financial Service Providers and Foreign Persons (For-profit entities exemption claim)	BE-180	Benchmark Survey of Financial Services Transactions between U.S. Financial Service Providers and Foreign Persons
Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (Not-for-profit entities filing exemption claim)	BE-180	Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons
Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (State, Local, and Tribal Governments filing mandatory and voluntary data)	BE-180	Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons
Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (State, Local, and Tribal Governments filing mandatory and voluntary data)	BE-180	Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons
Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons (Not-for-profit entities filing mandatory and voluntary data)	BE-180	Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons

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ICR Summary of Burden

	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	8,000	0	0	8,000	0	0
Annual Time Burden (Hours)	24,000	0	0	24,000	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This benchmark survey is conducted once every five years. OMB Clearance is for three years, so each time this survey is conducted all the burden hours are due to agency discretion. In addition, the manner in estimating burden hours has changed and now includes entities that file exemption claims.

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Annual Cost to Federal Government: $650,000

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? Uncollected

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Uncollected

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 03/18/2010

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