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View ICR - OIRA Conclusion

OMB Control No: 1505-0020	ICR Reference No: 201306-1505-007
Status: Historical Active	Previous ICR Reference No: 201111-1505-008
Agency/Subagency: TREAS/DO	Agency Tracking No:
Title: Treasury International Capital Form BQ-2, "Part 1-Report of Foreign Currency Liabilities and Claims of Financial Institutions and of Their Domestic Customers' Foreign Currency Claims with Foreign Resi
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/09/2013
	Date Received in OIRA: 07/08/2013
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2016	36 Months From Approved	03/31/2015
Responses	680	0	596
Time Burden (Hours)	5,437	0	3,938
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion	Change Due to Adjustment in Estimate
Annual Number of Responses	680	596	80	4
Annual Time Burden (Hours)	5,437	3,938	1,543	-44
Annual Cost Burden (Dollars)	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: The total overall increase is the result of an increase of 1,543 hours due to program changes and a decrease of 44 hours due to a decrease in the number of respondents. The program changes were needed to meet new international financial reporting standards. The new standards were met by (a) movement of a number of respondents from the TIC C-forms to the TIC B-forms, and (b) the addition of four new rows in the "of which" items at the end of the form: new row "Denominated in Swiss Francs," new row "Unpaid Insurance Claims and Prepaid Insurance Premiums," new row "Claims on/Liabilities to Foreign-Resident Banks," and new row "Claims on/Liabilities to Foreign-Resident Non-Bank Financial Institutions."

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