31 CFR Part 128, Reporting of International Capital and Foreign Currency Transactions and Positions

Forms and Documents

Document Name	Status
1505-0149 SS 31cfr128 6-23-2025.docx Supporting Statement A	2025-06-24

IC Document Collections

IC ID	Document Title	Status
15151	31 C.F.R. Part 128, Reporting of International Capital and Foreign Currency Transactions and Positions	Modified

ICR Details

OMB Control No: 1505-0149	ICR Reference No: 202506-1505-001
Status: Received in OIRA	Previous ICR Reference No: 202204-1505-001
Agency/Subagency: TREAS/DO	Agency Tracking No: IA
Title: 31 CFR Part 128, Reporting of International Capital and Foreign Currency Transactions and Positions
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 06/27/2025

	Requested	Previously Approved
Expiration Date	36 Months From Approved	06/30/2025
Responses	18,216	20,980
Time Burden (Hours)	6,072	6,993
Cost Burden (Dollars)	0	0

---

Abstract: 31 CFR part 128 establishes general guidelines for reporting on United States claims on and liabilities to foreigners; on transactions in securities with foreigners; and on the monetary reserves of the United States as provided for by the International Investment and Trade in Services Survey Act and the Bretton Woods Agreements Act. In addition, 31 CFR part 128 establishes general guidelines for reporting on the nature and source of foreign currency transactions of large U.S. business enterprises and their foreign affiliates. This regulation includes a recordkeeping requirement, § 128.5, which is necessary to enable the Office of International Affairs to verify reported information and to secure additional information concerning reported information as may be necessary. The recordkeepers are U.S. persons required to file reports covered by these regulations.

---

Authorizing Statute(s): US Code: 22 USC 3101 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
   US Code: 31 USC 5315 Name of Law: Par Value Modification Act (as amended)
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 10679	02/25/2025
30-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 27757	06/27/2025
Did the Agency receive public comments on this ICR? Yes

---

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
31 C.F.R. Part 128, Reporting of International Capital and Foreign Currency Transactions and Positions

---

ICR Summary of Burden

	Total Request	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	18,216	20,980	0	-2,200	-564	0
Annual Time Burden (Hours)	6,072	6,993	0	-628	-293	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to: Miscellaneous Actions

Short Statement: For 31 C.F.R. Part 128 recordkeeping, there will be a decrease in burden hours to 6,072, as compared to the estimate of 6,993 currently carried in OMB's Information Collection Inventory. The total overall decrease of 921 hours is the result of: (a) a decrease of 628 hours due to program changes (2,220 fewer reports and 185 fewer respondents from the discontinuation of Form S; offset partially by 336 more reports and 28 more respondents from the expansion of Form SLT) and (b) a further decrease of 293 hours from non-program changes in the other TIC Forms.

---

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

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

Is this ICR related to the Pandemic Response? No

---

Common Form ICR:  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:

(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: 06/27/2025

---