81 FR 19132 - BE-45: Quarterly Survey of Insurance Transactions by U.S. Insurance Companies With Foreign Persons
DEPARTMENT OF COMMERCE
Bureau of Economic Analysis Federal Register Volume 81, Issue 64 (April 4, 2016)
Bureau of Economic Analysis
Federal Register Volume 81, Issue 64 (April 4, 2016)
| Page Range | 19132-19132 | |
| FR Document | 2016-07469 |
[Federal Register Volume 81, Number 64 (Monday, April 4, 2016)] [Notices] [Page 19132] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2016-07469] ----------------------------------------------------------------------- DEPARTMENT OF COMMERCE Bureau of Economic Analysis [Docket No. 160304198-6198-01] XRIN 0691-XC046 BE-45: Quarterly Survey of Insurance Transactions by U.S. Insurance Companies With Foreign Persons AGENCY: Bureau of Economic Analysis, Commerce. ACTION: Notice of reporting requirements. ----------------------------------------------------------------------- SUMMARY: By this Notice, the Bureau of Economic Analysis (BEA), Department of Commerce, is informing the public that it is conducting the mandatory survey titled Quarterly Survey of Insurance Transactions by U.S. Insurance Companies with Foreign Persons (BE-45). This survey is authorized by the International Investment and Trade in Services Survey Act. SUPPLEMENTARY INFORMATION: This Notice constitutes legal notification to all U.S. persons (defined below) who meet the reporting requirements set forth in this Notice that they must respond to, and comply with, the BE-45. Reports are due 60 days after the end of each calendar quarter, or 90 days after the close of the calendar year. This notice is being issued in conformance with the rule BEA issued in 2012 (77 FR 24373) establishing guidelines for collecting data on international trade in services and direct investment through notices, rather than through rulemaking. Additional information about BEA's collection of data on international trade in services and direct investment can be found in the 2012 rule, the International Investment and Trade in Services Survey Act (22 U.S.C. 3101 et seq.), and 15 CFR part 801. Survey data on international trade in services and direct investment that are not collected pursuant to the 2012 rule are described separately in 15 CFR part 801. The BE-45 survey form and instructions are available on the BEA Web site at www.bea.gov/ssb. Definitions (a) Person means any individual, branch, partnership, associated group, association, estate, trust, corporation, or other organization (whether or not organized under the laws of any State), and any government (including a foreign government, the U.S. Government, a State or local government, and any agency, corporation, financial institution, or other entity or instrumentality thereof, including a government-sponsored agency). (b) U.S. person means any person resident in the United States or subject to the jurisdiction of the United States. (c) United States, when used in a geographic sense, means the 50 States, the District of Columbia, the Commonwealth of Puerto Rico, and all territories and possessions of the United States. (d) Foreign person means any person resident outside the United States or subject to the jurisdiction of a country other than the United States. Reporting Notice of specific reporting requirements, including who is to report, the information to be reported, the manner of reporting, and the time and place of filing reports, will be mailed to those required to complete this survey. Who Must Report: (a) Reports are required from U.S. persons whose covered transactions exceeded $8 million (positive or negative) during the prior calendar year, or are expected to exceed that amount during the current calendar year. (b) Entities required to report will be contacted individually by BEA. Entities not contacted by BEA have no reporting responsibilities. What To Report: The survey collects information on cross-border insurance transactions between U.S. insurance companies and foreign persons. How To Report: Reports can be filed using BEA's electronic reporting system at www.bea.gov/efile. Copies of the survey forms and instructions, which contain complete information on reporting procedures and definitions, can be downloaded from the BEA Web site given above. Form BE-45 inquiries can be made by phone to BEA at (202) 606-5588 or by sending an email to [email protected]. When To Report: Reports are due to BEA 60 days after the end of each calendar quarter, or 90 days after the close of the calendar year. Paperwork Reduction Act Notice This data collection has been approved by the Office of Management and Budget (OMB) in accordance with the Paperwork Reduction Act and assigned control number 0608-0066. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid control number assigned by OMB. Public reporting burden for this collection of information is estimated to average 8 hours per response. Additional information regarding this burden estimate may be viewed at www.reginfo.gov; under the Information Collection Review tab, click on ``Search'' and use the above OMB control number to search for the current survey instrument. Send comments regarding this burden estimate to Director, Bureau of Economic Analysis (BE-1), U.S. Department of Commerce, Washington, DC 20230; and to the Office of Management and Budget, Paperwork Reduction Project 0608-0066, Washington, DC 20503. Authority: 22 U.S.C. 3101-3108. Brian C. Moyer, Director, Bureau of Economic Analysis. [FR Doc. 2016-07469 Filed 4-1-16; 8:45 am] BILLING CODE 3510-06-P
![19132 Federal Register / Vol. 81, No. 64 / Monday, April 4, 2016 / Notices
Authority: 22 U.S.C. 3101–3108. organized under the laws of any State), a person is not required to respond to,
Brian C. Moyer, and any government (including a a collection of information unless it
foreign government, the U.S. displays a valid control number
Director, Bureau of Economic Analysis.
Government, a State or local assigned by OMB. Public reporting
[FR Doc. 2016–07474 Filed 4–1–16; 8:45 am]
government, and any agency, burden for this collection of information
BILLING CODE 3510–06–P
corporation, financial institution, or is estimated to average 8 hours per
other entity or instrumentality thereof, response. Additional information
including a government-sponsored regarding this burden estimate may be
DEPARTMENT OF COMMERCE
agency). viewed at www.reginfo.gov; under the
Bureau of Economic Analysis (b) U.S. person means any person Information Collection Review tab, click
resident in the United States or subject on ‘‘Search’’ and use the above OMB
[Docket No. 160304198–6198–01] to the jurisdiction of the United States. control number to search for the current
XRIN 0691–XC046 (c) United States, when used in a survey instrument. Send comments
geographic sense, means the 50 States, regarding this burden estimate to
BE–45: Quarterly Survey of Insurance the District of Columbia, the Director, Bureau of Economic Analysis
Transactions by U.S. Insurance Commonwealth of Puerto Rico, and all (BE–1), U.S. Department of Commerce,
Companies With Foreign Persons territories and possessions of the United Washington, DC 20230; and to the
States. Office of Management and Budget,
AGENCY: Bureau of Economic Analysis, (d) Foreign person means any person Paperwork Reduction Project 0608–
Commerce. resident outside the United States or 0066, Washington, DC 20503.
ACTION: Notice of reporting subject to the jurisdiction of a country
requirements. Authority: 22 U.S.C. 3101–3108.
other than the United States.
Brian C. Moyer,
SUMMARY: By this Notice, the Bureau of Reporting
Economic Analysis (BEA), Department Director, Bureau of Economic Analysis.
Notice of specific reporting [FR Doc. 2016–07469 Filed 4–1–16; 8:45 am]
of Commerce, is informing the public requirements, including who is to
that it is conducting the mandatory report, the information to be reported,
BILLING CODE 3510–06–P
survey titled Quarterly Survey of the manner of reporting, and the time
Insurance Transactions by U.S. and place of filing reports, will be
Insurance Companies with Foreign DEPARTMENT OF COMMERCE
mailed to those required to complete
Persons (BE–45). This survey is this survey. Bureau of Economic Analysis
authorized by the International Who Must Report: (a) Reports are
Investment and Trade in Services required from U.S. persons whose [Docket No. 160303193–6193–01]
Survey Act. covered transactions exceeded $8 XRIN: 0691–XC042
SUPPLEMENTARY INFORMATION: This million (positive or negative) during the
Notice constitutes legal notification to prior calendar year, or are expected to BE–29: Annual Survey of Foreign
all U.S. persons (defined below) who exceed that amount during the current Ocean Carriers’ Expenses in the
meet the reporting requirements set calendar year. United States
forth in this Notice that they must (b) Entities required to report will be
respond to, and comply with, the BE– AGENCY: Bureau of Economic Analysis,
contacted individually by BEA. Entities
45. Reports are due 60 days after the end Commerce.
not contacted by BEA have no reporting
of each calendar quarter, or 90 days after responsibilities. ACTION: Notice of reporting
the close of the calendar year. This What To Report: The survey collects requirements.
notice is being issued in conformance information on cross-border insurance
with the rule BEA issued in 2012 (77 FR SUMMARY: By this Notice, the Bureau of
transactions between U.S. insurance
24373) establishing guidelines for Economic Analysis (BEA), Department
companies and foreign persons.
collecting data on international trade in How To Report: Reports can be filed of Commerce, is informing the public
services and direct investment through using BEA’s electronic reporting system that it is conducting the mandatory
notices, rather than through rulemaking. at www.bea.gov/efile. Copies of the survey titled Annual Survey of Foreign
Additional information about BEA’s survey forms and instructions, which Ocean Carriers’ Expenses in the United
collection of data on international trade contain complete information on States (BE–29). This survey is
in services and direct investment can be reporting procedures and definitions, authorized by the International
found in the 2012 rule, the International can be downloaded from the BEA Web Investment and Trade in Services
Investment and Trade in Services site given above. Form BE–45 inquiries Survey Act.
Survey Act (22 U.S.C. 3101 et seq.), and can be made by phone to BEA at (202) SUPPLEMENTARY INFORMATION: This
15 CFR part 801. Survey data on 606–5588 or by sending an email to Notice constitutes legal notification to
international trade in services and direct be45help@bea.gov. all U.S. persons (defined below) who
investment that are not collected When To Report: Reports are due to meet the reporting requirements set
pursuant to the 2012 rule are described BEA 60 days after the end of each forth in this Notice that they must
separately in 15 CFR part 801. The BE– calendar quarter, or 90 days after the respond to, and comply with, the BE–
45 survey form and instructions are close of the calendar year. 29. Reports are due 90 days after the end
mstockstill on DSK4VPTVN1PROD with NOTICES
available on the BEA Web site at of each calendar year. This notice is
Paperwork Reduction Act Notice being issued in conformance with the
www.bea.gov/ssb.
This data collection has been rule BEA issued in 2012 (77 FR 24373)
Definitions approved by the Office of Management establishing guidelines for collecting
(a) Person means any individual, and Budget (OMB) in accordance with data on international trade in services
branch, partnership, associated group, the Paperwork Reduction Act and and direct investment through notices,
association, estate, trust, corporation, or assigned control number 0608–0066. An rather than through rulemaking.
other organization (whether or not agency may not conduct or sponsor, and Additional information about BEA’s
VerDate Sep<11>2014 19:03 Apr 01, 2016 Jkt 238001 PO 00000 Frm 00021 Fmt 4703 Sfmt 4703 E:\FR\FM\04APN1.SGM 04APN1](https://thefederalregister.org/doc/81_FR_19196/page/1.svg)
Document Created: 2016-04-02 03:53:34
Document Modified: 2016-04-02 03:53:34
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice of reporting requirements. | |
| FR Citation | 81 FR 19132 |
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