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

ICR 201510-0608-001

OMB: 0608-0065

Federal Form Document

ICR Details
0608-0065 201510-0608-001
Historical Active 201207-0608-002
DOC/EASA 200707-0608-185
Quarterly Survey of Financial Services Transactions Between U.S. Financial Services Providers and Foreign Persons
Revision of a currently approved collection   No
Regular
Approved without change 12/22/2015
Retrieve Notice of Action (NOA) 10/22/2015
Prior to the commencement of the Quarterly Survey of Financial Services Transactions Between U.S. Financial Services Providers and Foreign Persons survey form distribution, 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.
  Inventory as of this Action Requested Previously Approved
12/31/2018 36 Months From Approved 12/31/2015
2,700 0 2,700
22,500 0 22,500
0 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

  80 FR 48492 08/13/2015
80 FR 63503 10/20/2015
No

  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 2,700 2,700 0 0 0 0
Annual Time Burden (Hours) 22,500 22,500 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
Yes
Miscellaneous Actions
There has been no change in the estimated number of respondents meeting the (unchanged) mandatory requirements for filing on a quarterly basis. The new estimated annual respondent burden is the same as the current burden inventory of 22,500 hours.

$400,000
Yes Part B of Supporting Statement
No
No
No
No
Uncollected
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.
10/22/2015


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