Agency Form Under Review by the Office of Management and Budget

DEPARTMENT OF COMMERCE

Agency Form Under Review by the Office of Management and Budget

DOC has submitted to the Office of Management and Budget (OMB) for

clearance the following proposal for collection of information under

the provisions of the Paperwork Reduction Act (44 U.S.C. chapter 35).

Agency: Bureau of Economic Analysis.

Title: Benchmark Survey of Financial Services Transactions Between

U.S. Financial Services Providers and Unaffiliated Foreign Persons --

1994.

Form Number(s): BE-80.

Agency Approval Number: None.

Type of Request: New collection.

Burden: 6,000 hours.

Number of Respondents: 800.

Avg Hours Per Response: 7.5 hours.

Needs and Uses: This survey will obtain universe data on financial

services transactions between U.S. financial services providers and

unaffiliated foreign persons in 1994. The data from the survey will

provide benchmarks for deriving current universe estimates of such

transactions from sample data collected in subsequent years. The

information gathered is needed to support U.S. trade policy

initiatives, including trade negotiations, and to compile the U.S.

balance of payments and the national income and product accounts.

Affected Public: Businesses, state and local government agencies,

or other institutions engaging in international financial services

transactions.

Frequency: Quinquennially.

Respondent's Obligation: Mandatory.

OMB Desk Officer: Paul Bugg, (202) 395-3093.

Copies of the above information collection proposal can be obtained

by calling or writing Gerald Tache, DOC Forms Clearance Officer, (202)

482-3271, Department of Commerce, room 5310, 14th and Constitution

Avenue, NW, Washington, DC 20230.

Written comments and recommendations for the proposed information

collection should be sent to Paul Bugg, OMB Desk Officer, room 10201,

New Executive Office Building, Washington, D.C. 20503.

Dated: July 27, 1994.

Gerald Tache,

Departmental Forms Clearance Officer, Office of Management and

Organization.

[FR Doc. 94-18990 Filed 8-3-94; 8:45 am]

BILLING CODE 3510-07-F