Treasury International Capital Form BQ-1, Part 1: Reporting Bank's Own Claims, & Selected Claims of Broker or Dealer, on Foreigners; Part 2: Domestic Customers' Claims on Foreigners
ICR 200010-1505-003 · OMB 1505-0016 · Historical Active
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Treasury International Capital Form BQ-1, Part 1: Reporting Bank's Own Claims, & Selected Claims of Broker or Dealer, on Foreigners; Part 2: Domestic Customers' Claims on Foreigners
Form BQ-1 is required by law & is designed to collect timely information on int'l portfolio capital movements, including U.S. dollar claims of banks, other depository institutions, brokers & dealers, & of their domestic customers vis-a-vis foreigners. This information is necessary for compiling U.S. balance of payments, for calculating U.S. international investment position, & for formulating U.S. international financial & 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.