Federal Register #2026-21924

Treasury Seeks Comments on Renewal of International Capital Reporting Forms

The U.S. Department of the Treasury is seeking comments on renewing its Treasury International Capital information collection, not purchasing products or services. - Government buyer: Department of the Treasury, Departmental Offices, Office of International Affairs. - Information collection: Forms BC, BL-1, BL-2, BQ-1, BQ-2, and BQ-3 collect information about international capital movements and financial claims and liabilities involving foreign residents. - Proposed updates: Increase reporting thresholds for Forms BC, BL-1, BL-2, BQ-1, and BQ-2; allow signatures by people performing functions equivalent to an authorized officer; clarify that Central Clearing Counterparties are reporters and which government-owned entities qualify as Foreign Official Institutions; and refine instructions for two columns on Form BQ-3. - Procurement relevance: No products, services, OEMs, vendors, quantities, or contract value are identified; this is a request for comments on an information collection.

Description

The Department of the Treasury invites comments on renewal of a currently approved, mandatory information collection submitted for approval by the Office of Management and Budget. The collection consists of Treasury International Capital Forms BC, BL-1, BL-2, BQ-1, BQ-2, and BQ-3, which collect information on international capital movements and claims and liabilities involving foreign residents. Proposed instruction changes include higher reporting thresholds, expanded signature permissions, clarifications on who must report and the definition of Foreign Official Institutions, and clarifications for completing two BQ-3 columns. Written comments are due by December 28, 2026.

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