Form BL-1 is required by law and is
designed to collect timely information on international portfolio
capital movements, in particular U.S. dollar liabilities of U.S.
resident financial institutions to foreign residents. The
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.
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
EO: EO 10033 Name/Subject of EO: Regulations
governing the providing of statistical information to
intergovernmental organizations
We are consolidating all TIC B
Forms under OMB number 1505-0016, and so this request is being
submitted without change only for the purposes of extending the
expiration date temporarily until the consolidated ICR is approved.
Subsequently, this OMB Control Number will be discontinued.
$3,369,174
No
No
No
No
No
No
Uncollected
Dwight Wolkow 202-622-1276
wolkowd@do.treas.gov
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.