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federal R e s e r v e Ba n k DALLAS. TEXAS of Dallas 75222 C irc u la r No. 81-91 M ay 1, 1981 TREASURY DEPARTMENT FINANCIAL REPORTS TO THE CHIEF EXECUTIVE OFFICER OF EACH BANK HOLDING COMPANY IN THE ELEVENTH FEDERAL RESERVE D IS T R IC T: Th e U . S . Department of the T re a s u ry recen tly c la rifie d the reporting responsibilities of bank holding companies w ith reg ard to two groups of reports dealing w ith international financial a c tiv itie s . These are the T re a s u ry In te r national Capital (T IC ) Reports, which measure flows of funds between U . S . financial institutions and "fo reign ers"; and the T re a s u ry Foreign Capital (TFC) Reports, w hich measure the positions of U . S . financial institutions dealing in major foreign c u rre n c ie s . In the past the m ajority of the reports in this D istrict have been filed on an in d ivid ual bank basis. T h e Department of the T re a s u ry determ ined that reports should, w here ap p licab le, be consolidated on a bank holding company level beginning in May 1981. Presented on the follow ing pages of this c irc u la r is a letter from C . D irc k Keyser exp lain in g the changes. Enclosed for your information are copies of each of the T re a s u ry forms and instructions covered by this action. Tw o groups are exempt from re p o rtin g , those that had less than $2 m illion on each reporting date for T IC reports and those having less than $10 m illion on each reporting date for TFC re p o rts . Many holding companies may be exempt from filin g reports because th e ir normal volume of transactions fall below these levels. Please review the enclosed material and notify B ill G re en , M anager, Statistical Departm ent, in w ritin g , w hether or not you r holding company has a legal obligation to file T IC o r TFC fo rm s . If you or your staff have any questions re g a rd in g this m atter, please contact Bi l l G reen, (214651-6394. S incerely y o u rs , W illiam H . Wallace F irs t Vice President Enclosures Banks and others are encouraged to use the following incoming W ATS numbers in contacting this Bank: 1-800-442-7140 (intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the extension referred to above. DEPARTM ENT OF THE TREASURY W A S H IN G T O N , D .C . 20220 April 10, 1981 TO BANK HOLDING COMPANIES REPORTING ON, OR WHICH MAY REQUIRED TO REPORT ON, TREASURY INTERNATIONAL CAPITAL FOREIGN CURRENCY FORMS: BE OR Questions have recently been raised about the reporting responsibilities of bank holding companies, described under Section C (Filing of Reports) of the General Instructions to the Treasury International Capital (TIC) reports and Section B (Who Must Report) of the instructions to the Treasury Foreign Currency (TFC) reports. The purpose of this letter is to clarify the instructions covering those reports. Copies of the forms are enclosed for your reference. A bank holding company required to report on any of the TIC or TFC forms listed below should submit a consolidated report including data for itself and its domestic nonbanking subsidiaries. The data for the domestic subsidiaries of domestic banks owned by the bank holding company should be included with the data of the parent bank. An exception is made in the case of an Edge or Agreement Corporation engaged in banking. As explained in the TIC and TFC General Instructions, these subsidiaries should file separately with the Federal Reserve Bank of the district in which the subsidiary is located. A domestic branch of an Edge or Agreement Corporation engaged in banking should also file with the Federal Reserve Bank of the district in which the branch is located. A report submitted by an Edge or Agreement Corporation should include data for all of its domestic subsidiaries. These consolidation following reports: TIC Series and filing procedures apply to the Title BL-1 Reporting bank's own liabilities and selected liabilities of broker or dealer, to "foreigners," payable in dollars. BL-2 Custody liabilities of reporting banks, brokers and dealers to "foreigners," payable in dollars. BC Reporting bank's own claims and selected claims of broker or dealer, on "foreigners," payable in dollars. - TIC Series 2- Title BQ-1 Part 1 - Reporting bank's own claims and selected claims of broker or dealer on "foreigners"; Part 2 - Domestic customers' claims on "foreigners" held by reporting bank, broker or dealer, payable in dollars. BQ-2 Part 1 - Liabilities to, and claims on, "foreigners," of reporting bank, broker or dealer; Part 2 - Domestic customers' claims on "foreigners" held by reporting bank, broker or dealer, payable in foreign currencies. BL-l(SA) Reporting bank's own liabilities and selected liabilities of broker or dealer, to "foreigners" in countries not listed separately on Form BL-1, payable in dollars. BL-2(SA) Custody liabilities of reporting banks, brokers and dealers to "foreigners" in countries not listed separately on Form BL-2, payable in dollars. BC(SA) Reporting bank's own claims and selected claims of broker or dealer on "foreigners," in countries not listed separately on Form BC, payable in dollars. TFC Series Title FC-1 Weekly foreign currency report of United States. banks in the FC-la Monthly foreign currency report of United States. banks in the A bank holding company required to file the weekly FC-2 and monthly FC-2a reports covering the foreign currency positions of its foreign subsidiaries should submit a consolidated report covering the data of its majority-owned foreign subsidiaries whether held directly by the bank holding company or indirectly through a domestic nonbank subsidiary. The data of foreign branches and majority-owned subsidiaries of the domestic bank itself may be reported on a separate FC2/FC-2a report filed by the bank or may be included in the bank holding company's report. - 3- If your institution is not now submitting TIC or TFC reports, we ask that you review the enclosed material to determine whether your institution has a legal obligation to filer and notify the Federal Reserve Bank in your district in writing of the outcome. If you are already submitting TIC and TFC reports, you should advise the Federal Reserve Bank in your district in writing of any changes in your reporting practices that should be made by you to conform to the above clarification. You should begin to file reports in accordance with the procedure outlined herein, beginning with the monthly and quarterly reports filed as of May 29, 1981. Weekly FC-1 and FC-2 data should be filed correctly as of May 6, 1981* 1 Each initial report filled by a new reporter should indicate the names of the entities included therein. If there are any changes in a bank holding company's or domestic bank's reports as a result of this clarification, entities added to or deleted from the reports should be named when the corrected reports are filed for the first time. Your cooperation in reviewing your reporting procedures, notifying us of your status and making any changes necessary will be greatly appreciated. Should you have any questions, please do not hesitate to call either your local Federal Reserve Bank, or me at (202) 376-0697. Sincerely, C. Dirck Keyser Director International Financial Reports Enclosures Internatio na l Capital F o rm B L —1 M O N T H L Y RE PO RT T O F E D E R A L R E SE R VE B A N K OF The data furnished on this report w ill be held in confidence. DEPARTMENT OF THE TREASURY Office of the Assistant Secretary for International Affairs REPORTING BANK'S OWN L IA B IL IT IE S , A N D SELECTED L IA B IL IT IE S OF BROKER OR DEALER, TO " F O R E IG N E R S ” PAYABLE IN DOLLARS Form Approved 0 M B No. 1505-0019 Ex. 4/30/82 Note: This report should be filed not later than the fifteenth day following the last day o f the month. This report is required by law (12 U.S.C. 95a; 22 U.S.C. 286f; 22 U.S.C. 3103; E.O. 6560; E . 0 . 10033; 31 C.F.R. 128). Failure to report can result in a civil penalty not exceeding $10,000 (22 U.S.C. 3105). Willful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000, or, if a natural person, imprisonment for not more than ten years, or both. Any officer, director, or agent of any corporation who knowingly participates in such violation may be punished by a like fine, imprisonment, or both (12 U.S.C. 95a; 31 C.F.R. 128.4(a)). _____________________________________ Name of Reporter As of: (Actual figures in thousands of dollars as of close of last business day of month)________________________ To Unaffiliated “ Foreign” Banks T o “ F o re ig n O fficial I n s tit u tio n s ” (Including central banks) F O R E IG N C O U N T R IE S Demand D eposits ( b) (a) (c) m ill’s Other Liabilities (d) 2 1 CODE EUROPE Time and Savings Deposits thou's m ill's Demand Deposits (b) m i l l ’s tho u's Austria 1120-7 Hungary 1550-4 Italy 1150-9 Netherlands 1210-6 Norway 1220-3 Poland 1576 8 Portugal 1231-9 Romania 1580 6 1 Spain 1250-5 l Sweden 1260-2 Switzerland 1268-8 Turkey 1280 7 United Kingdom 1300-5 U.S.S.R. 1610-1 Yugoslavia 1321-8 Other Europe 1800-7 TOTAL EUROPE ; | 1999-2 CANADA 2999 8 LATIN AMERICA AND CARIBBEAN Argentina 3010-4 Bahamas 3531-9 Bermuda 3560-2 Brazil 3030-9 British West Indies 3600-5 Chile 3040-6 Colombia 3050-3 Cuba 3070-8 Ecuador 3100-3 Guatemala 3120-8 Jamaica 3160-7 Mexico 3170-4 Netherlands Antilles 3720-6 Panama 3188-7 Peru 3220-4 Trinidad and Tobago 3240-9 Uruguay 3260-3 Venezuela 3271-9 Other Latin America and Caribbean 3900-8 TOTAL LATIN AMERICA AND CARIBBEAN 3999-3 BE ORE PREPARING THIS REPORT PLEASE REA D C A R E FU LL Y THE GENERAL A N D SPECIFIC INSTRUCTIONS TO THIS FORM. THE LETTERS IN PARENTHESES IN THE A B O VE CO LUM N HEA D IN G S REFER TO P A R T I I “ SPECIFIC INSTR U C TIO N S" TO THIS FORM. .. .. %1 Time and Savings Deposits <c> 8 t h o u ’s 1100-2 Greece m ill's 1600-4 Germany Dem and Deposits (b) 7 thou's 1080-4 German Democratic Republic m ill's 1070-7 France thou's 1050-2 Finland mill's 1528-8 Denmark s 5 thou's 1520-2 Czechoslovakia Other Liabilities Id) 1030-8 Bulgaria m ill's To Own F oreign O ffices (e) 1018-9 B elgium -L uxem bourg (c) 4 3 th o u ’s Time and Savings Deposits To All Other “ Foreigners” m ill's Other Liabilities (d) 9 th o u ’s mill’s 10 t h o u ’s TOTAL Reporter’s Own Liabilities to “ Foreigners” (Cols. 1-1 0 ) m i l l ’s ' t h o u ’s 11 mill's thou's - 2- (Actual figures in thousands of dollars as of close of last business day of month) To “ Foreign Official Institutions” (Including central banks) Time and FOREIGN COUNTRIES Demand Deposits (b) (a) Savings Deposits (cl Other Liabilities Id) 1 2 3 CODE m ill's ASIA Bahrain China Mainland m ill's tho u's m ill's Demand Deposits (b) Time and Savings Deposits (c) 5 4 th o u ' s m ill's Other Liabilities (d) th o u 's m i l l ’s To Own Foreign Offices <e) Demand Deposits (bl 7 a 6______ t h o u ’s mill's t h o u ’s Tim e and Savings Deposits (c) m ills th o u s mills thou s 4630-2 4200-5 India 4210-2 I ndonesia 4221-8 Iran 4230-7 Iraq 4240-4 Israel 4250-1 Japan 4260-9 Korea 4300 1 Kuwait 4310-9 Lebanon 4341-9 Malaysia 4360-5 Oman 4410-5 Pakistan 4470-9 Philippines 4480-6 Qatar 4510-1 Saudi Arabia 4560-8 Singapore 4601-9 Syria 4620-5 Thailand 4641-8 United Arab Emirates (Trucial States) 4660-4 Other Asia 4890 9 TOTAL ASIA 4999-9 AFRICA Algeria 5010-5 Egypt 5700-2 Gabon 5241-8 Ghana 5260-4 Liberia 5320-1 Libya 5330-9 Morocco 5400-3 Nigeria 5430-5 South Africa 5571-9 Zaire 5170-5 Other Africa 5890-4 5999-4 TOTAL AFRICA OTHER COUNTRIES Australia 6008 9 All Other 6390-8 TOTAL OTHER COUNTRIES INTERNATIONAL & REGIONAL International 6990-6 7290-7 European regional 7390-3 Latin American regional 7491-8 Asian regional 7590-6 African regional 7690-2 Middle Eastern regional 7790-9 TOTAL INTERNATIONAL & REGIONAL 7999-5 GRAND TOTAL 9999-6 TOTAL NEGOTIABLE CERTIFICATES OF DEPOSIT ISSUED TO FOREIGNERS AND EXCLUDED FROM: 8200-1 Column 2 _________________ Name and t i t l e o f signing o ffic e r (please ty p e o r p rin t) Signature o f responsible o ffic e r Column 5 ------------------------- Person to be c on tacted re: this report TOTAL Reporter's Own Liabilities to "Foreigners” ' (Cols. 1-1 0 ) 1 1 10 th o u s 4070-3 Hong Kong Other Liabilities (d) 9 mills 4140-8 Taiwan thou s To All Other “ Foreigners” To Unaffiliated “ Foreign” Banks Column 9 Area code, telephone n u m b e r and e x te n s io n m i l l ’s thou's m ills tho u's M O N T H LY REPORT TO FED ERA L RESERVE BANK OF NEW YO R K The data furnished on this report w ill be held in confidence. International Capital Form BL-2 DEPARTMENT OF THE TREASURY Office of the Assistant Secretary for International Affairs CUSTODY LIABILITIES OF REPORTING BANKS, BROKERS AND DEALERS TO “FOREIGNERS”- PAYABLE IN DOLLARS Form Approved 0M B No. 1505-0018 Ex. 4/30/82 Note: This report should be filed not later than the fifteenth day following the last day o f the month. This report is required by law (12 U.S.C. 95a; 22 U.S.C. 286f; 22 U.S.C. 3103; E.O. 6560; E .0 .1 0 0 3 3 ;3 1 C.F.R. 128). Failure to report can result in a civil penalty not exceeding$10,000 (22 U.S.C. 3105). Willful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000, or, if a natural person, imprisonment for not more than ten years, or both. Any officer, director, or agent of any corporation wvho knowingly participates in such violation may be punished by a like fine, imprisonment, or both (12 U.S.C. 95a; 31 C.F.R. 128.4(a)). N a m e of R ep orter As of:. D ate (Actual figures in thousands of dollars as of close of last business day of month) To "Foreign" Banks (Including own foreign offices) To "Foreign Official Institutions” (Including central banks) Memorandum . TOTAL of Columns l- CODE (b) 4 m i ll ' s th o u 's (d) (b) <c) (d) Negotiable Certificates of Deposit Held for "Foreigners" (e) 7 8 9 10 5 2 th o u 's "Short-Term ” U.S. Treasury Obligations mill's th o u 's mill's th o u 's mill's th o u 's th o u 's m ill's 1018-9 Belgium-Luxembourg 1030-8 Bulgaria 1520-2 Czechoslovakia 1528-8 Denmark 1050-2 Finland 1070-7 France 1080-4 German Democratic Republic 1600-4 Germany 1100-2 Greece 1120-7 Hungary 1550-4 Italy 1150-9 Netherlands 1210-6 Norway 1220-3 Poland 1576-8 Portugal 1231-9 1 Romania 1580 6 . Spain 1250-5 Sweden 1260-2 ' • Switzerland 1268-8 Turkey 1280-7 United Kingdom 1300-5 U.S.S.R. 1610-1 Yugoslavia 1321-8 Other Europe 1800-7 TOTAL EUROPE 1999-2 CANADA 2999-8 LATIN AMERICA AND CARIBBEAN Argentina 3010-4 Bahamas 3531-9 Bermuda 3560-2 Brazil 3030-9 British West Indies 3600-5 Chile 3040-6 Colombia 3050-3 Cuba 3070-8 Ecuador 3100-3 Guatemala 3120-8 Jamaica 3160-7 Mexico 3170-4 Netherlands Antilles 3720-6 Panama 3188-7 Peru 3220-4 Trinidad and Tobago 3240-9 Uruguay 3260-3 Venezuela 3271-9 Other Latin America and Caribbean 3900-8 TOTAL LATIN AMERICA AND CARIBBEAN 3999-3 BE FO RE PREPARING THIS REPORT PLEASE READ C AR EFU LL Y THE G ENERAL A N D SPECIFIC INSTRUCTIO NS TO THIS FORM. t h e LETTE R S IN PARENTHESES IN THE A B O V E CO LUM N H EADING S REFER TO P A R T I I " SPECIFIC INSTRUCTIO NS ” TO THIS FORM. r m ill's th o u 's O ther Negotiable and Readily T ransferable Instruments mill's thou's Other Custody Liabilities mi l l's thou's m i l l ’s (For Aril Check 11 th o u 's mill's 1 mill's (d) Other Negotiable and Readily Transferable Instruments (c) Other Custody Liabilities 6 "Short-Term" U.S. Treasury Obligations Is 1 "Short-Term ” U.S. Treasury Obligations (a) EUROPE Austria Other Negotiable and Readily T ransferable Instruments (c) Other Custody Liabilities 3 (b) FOREIGN COUNTRIES thou's (Actual figures in thousands of dollars as of close of last business day of month) To "Foreign” Banks (Including own foreign offices) To "Foreign Official Institutions” (Including central banks) “Short-Term” U.S. Treasury Obligations (b) FOREIGN COUNTRIES (a) Other Negotiable and Readily Transferable Instruments (c) Other Custody Liabilities Id) “Short-Term” U.S. Treasury Obligations (b) 1 2 3 m i l l ’s ASIA Bahrain China Mainland 4480-6 Qatar 4510-1 Saudi Arabia 4560-8 Singapore 4601-9 Syria 4620-5 Thailand 4641-8 United Arab Emirates ITruciai S ta te d 4660-4 Other Asia th o u ’s 4470-9 Philippines m ill's 4410-5 Pakistan tho u's 4360-5 Oman m ill's 4341-9 Malaysia th o u ’s 4310-9 Lebanon m ill's 4300-1 Kuwait th o u ’s 4260-9 Korea m ill's 4250-1 Japan th o u ’s mill’s 4240-4 Israel m ill's thou's 4230-7 Iraq th o u ’s 4890-9 41408 TOTAL ASIA AFRICA Algeria 4999-9 5010-5 Egypt 5700-2 Gabon 5241-8 Ghana 5260-4 Liberia 5320-1 Libya 5330-9 Morocco 5400-3 Nigeria 5430-5 South Africa 5571-9 Zaire 5170-5 Other Africa 5890-4 TOTAL AFRICA 5999-4 OTHER COUNTRIES Australia 6008-9 All Other 6390-8 TOTAL OTHER COUNTRIES INTERNATIONAL 8> REGIONAL International 6990-6 7290-7 European regional 7390-3 Latin American regional 7491-8 Asian regional 7590-6 African regional 7690-2 Middle Eastern regional 7790-9 TOTAL INTERNATIONAL & REGIONAL 7999-5 GRAND TOTAL 9999-6 Name and title of signing o ffic e r (please ty p e o r p rin t) Signature o f responsible o ffic e r Person to be c on tacted re: this re port 1 - 10 (For Arithm etic Check Only) 1 S mill’s 4221-8 Iran m ill's C I Ot her Cus tody Liab ilities (c1) 4210-2 Indonesia th o u 's “ Short-Term” U.S. Treasury Obligations (b) 4200-5 India m ill's Otl ter Cus tody Liab lities (c ) Negot iable Certif cates of De posit Held for “ Foreij nerj" (« ) 4070-3 Hong Kong t h o u ’s Memorandum TOTAL Oi her Negc(tiable and k eadily Trans ferable Instri i ments <:) « 7 Ot her Nego tiable and F eadily Trans arable Instru ments (< ) 4 CODE II To t V Other “ Foreigne rsM Area code, telephone nu m b e r and extension 11 thou's mill's thou's The data furnished on this rep o rt w ill be h e ld in confidence. International Capital Form BC DEPARTMENT OF THE TREASURY Office o f the Assistant Secretary for International Affairs M O N T H L Y REPORT TO FED E R A L RESERVE BANK OF REPO RT IN G BANK'S OWN CLA IMS, A N D SE LECTED C L A IM S OF BROKER OR D E A L E R , ON " F O R E IG N E R S " PA YA B LE IN D O L LA R S Form Approved OMB No. 1505-0017 Ex 4/30/82 N o te : This re p o rt sh o u ld be file d n o t la te r than the fifte e n th day fo llo w in g the last day o f the m onth. This report is required by law (12 U.S.C. 95a; 22 U.S.C. 286f; 22 U.S.C. 3103; E.O. 6560; E .0 .1 0 0 3 3 ;3 1 C.F.R. 1281. Failure to report can result in a civil penalty not exceeding$10,000 (22 U.S.C. 3105). Willful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000, or, if a natural person, imprisonment for not more than ten years, or both. Any officer, director, or agent of any corporation w ho knowingly participates in such violation may be punished by a like fine, imprisonment, or both (12 U.S.C. 95a; 31 C F.R. 128.4(a)). N a m e of Re por te r On "Foreign Public Borrower!" FO R EIG N COUNTRIES (a) (b) 1 CODE EUROPE mill’s Austria 1100-2 Greece 1120-7 Hungary 1550-4 Italy 1150-9 Netherlands 12106 Norway 1220-3 Poland 1576-8 Portugal 1231-9 Romania 1580-6 Spain 1250-5 Sweden 1260-2 Switzerland 1268-8 Turkey 1280-7 United Kingdom 1300-5 U.S.S.R. 1610-1 Yugoslavia 1321-8 Other Europe th o u ’s 1600-4 Germany mill’s 1080-4 German Democratic Republic th o u ’s 1070-7 France mill’s 1050-2 Finland th o u ’s 1528-8 Danmark mill’s Other Claims (b) 3 1520-2 Czechoslovakia Deposits (c) 2 On All Other "Foreigners” (b) s 1030-8 Bulgaria th o u ’* Cin O wn F a reign Of ficss d) 4 On Unaffiliated "F oreign” Banks 1018-9 Belgium-Luxembourg ’ 1800-7 TOTAL EUROPE 1999-2 CANADA 2999-8 LATIN AMERICA AND CARIBBEAN Argentina 3010-4 Bahamas 3531-9 Bermuda 3560-2 Brazil 3030 9 British West Indies 3600-5 Chile 3040-6 Colombia 3050-3 Cuba 3070-8 Ecuador 3100-3 Guatemala 3120-8 Jamaica 3160-7 Mexico 3170-4 Netherlands Antilles 3720-6 Panama 3188-7 Peru 3220-4 Trinidad and Tobago 3240-9 Uruguay 3260-3 Venezuela 3271 -9 Other Latin America and TOTAL LATIN AMERICA AND CARIBBEAN Date (Actual figures in thousands of dollars as of close of last business day of month) 3999 3 BE FO RE PREPARING THIS REPORT PLEASE R EA D C A R E F U L L Y THE G ENERAL A N D SPECIFIC INSTR U C TIO N S TO THIS FORM. TH E L E T T E R S I N PARENTHESES I N THE A B O V E C O LU M N H E A D IN G S R EFER TO P A R T I I "SPE C IFIC IN S T R U C T IO N S " TO THIS FORM. mill’s th o u ’s TOTAL Reporter's Own Claims on “ Foreigners” (Cols. 1 - 5 ) 6 mill’s th o u ’s -2 • (Actual figures in thousands of dollars as of close of last business day of month) On "Foreign Public Borrowers” FO R EIG N C O U NTRIES Deposits (c) 2 (a) (b) 1 CODE ASIA mill's Bahrain 4250-1 Japan 4260-9 Korea 4300-1 Kuwait 4310-9 Lebanon 4341-9 Malaysia 4360-5 Oman 4410-5 Pakistan 4470-9 Philippines 4480-6 Qatar 4510-1 Saudi Arabia 4560-8 Singapore 4601-9 Syria 4620-5 Thailand United Arab Emirates (Trucial States) 4641-8 4660-4 O ther Asia th o u ’s 4240-4 Israel m ill's 4230-7 Iraq t h o u ’s 4221-8 Iran mill's 4210-2 Indonesia t h o u ’s (Cols. 1 - 5 ) G mill's th o u 's 4200-5 India mill's (b) S 4630-2 Hong Kong th o u 's (d) 4 TOTAL Reporter's Own Claims on “ Foreigners” 4140-8 Taiwan mill's O ther Claims (b) 3 On All Other "Foreigners” 4070-3 China Mainland t h o u ’s On Own Foreign Offices On Unaffiliated "F oreign” Banks 4890-9 TOTAL ASIA A F P 'C A Algeria 4999-9 5010-5 Egypt 5700-2 Gabon 5241-8 Ghana 5260-4 Liberia 5320-1 Libya 5330-9 Morocco 5400-3 Nigeria 5430-5 South Africa 5571-9 Zaire 5170-5 O ther Africa 5890-4 TOTAL AFRICA OTHER COUNTRIES Australia All Other TOTAL OTHER COUNTRIES INTERNATIONAL 8i REGIONAL International 5999-4 5008-9 6390-8 6990-6 7290-7 European r- ional 7390-3 Latin American regional 7491-8 Asian regional 7590-6 African regional 7690-2 Middle Eastern regional TOTAL INTERNATIONAL 8i REGIONAL 7790-9 GRAND TOTAL 7999-5 9999-6 Nam e and t itle o f signing o ffic e r (please ty p e o r p r in t) Signature o f responsible o ffic e r Person t o be con ta c te d re: this re p o rt A rea code, te le phon e nu m b e r and exte nsion International Capital Form BQ-1 DEPARTMENT OF THE TREASURY Office of the Assistant Secretary for International Affairs Q U A R T E R L Y REPORT TO FED E R A L RESERVE BANK OF NEW YORK The data furnished on this report w ill be held in confidence. Part 1 - R E P O R T I N G BANK'S OWN CLAIMS, A N D SELEC TED C L A IM S OF BROKER OR D E A L E R , ON " F O R E IG N E R S " Part 2 - D O M E S T I C CUSTO MERS' C LA IM S ON " F O R E IG N E R S " HE L D BY REPO R TIN G BANK, BROKER OR D E A L E R PA YAB LE IN D O L L A R S Note: This report should be filed no t later than the twentieth day following the last day o f the month. This re p o rt is required b y law (12 U.S.C. 95a; 2 2 U.S.C. 2 8 6 f; 2 2 U.S.C. 3 1 0 3 ; E.O. 6 5 6 0 ; E . 0 . 10033; 31 C.F.R. 128). Failure to report can result in a civil penalty no t exceeding $10,000 (22 U.S.C. 3105). Willful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000, or, if a natural person, imprisonment for not more than ten years, or both. Any officer, director, or agent of any corporation w ho knowingly participates in such violation may be punished by a like fine, imprisonment, or bo th (12 U.S.C. 95a; 31 C.F.R. 128.4(a)). Name o f R e p o rte r As o f : . Date (Actual figures in thousands of dollars as of close of last business day of month) Part 2. Claims of Reporter's Domestic Customers Part 1. Reporter's Own Claims Remaining Maturity of Claims on Unaffiliated "Foreigners” (b) FO R EIG N C OUNTRIES (a) On "Foreign Public Borrowers” Memorandum On Other "F oreign" Borrowers Customer N egotiable One Year or Less Over One Year One Year or Less Over One Year on Acceptances (c) (d> T ransferable Instruments (e) 1 2 3 4 3 6 7 CODE EUROPE Austria m i l l ’s Belgium-Luxembou rg m i ll' s th o u 's mill's th o u 's m i l l ’s t f t o t i ’s mill's itio u 's mill's 1030-8 Bulgaria 1520-2 Czechoslovakia 1528-8 Denmark 1060-2 Finland 1070-7 France 1080-4 German Democratic Republic 1600-4 Germany 1100-2 Greece 1120-7 Hungary 1550-4 Italy 1150-9 Netherlands 1210-6 Norway ' t h o u ’s 1018-9 1220-3 * Poland 1576-8 Portugal 1231-9 Romania 1580-6 Spain 12S0-5 Sweden 1260-2 Switzerland 1268-8 Turkey 1280-7 United Kingdom 1300-5 U.S.S.R. 1610-1 Y ugoslavia 1321-8 Other Europe 1800-7 TOTAL EUROPE 1999-2 CANADA 2999-8 LATIN AMERICA AND CARIBBEAN Argentina 3010-4 Bahamas 3531-9 Bermuda 3560-2 Brazil 3030-9 British West Indies 3600-5 Chile 3040-6 Colombia 3050-3 Cuba 3070-8 Ecuador 3100-3 Guatemala 3120-8 Jamaica 3160-7 Mexico 3170-4 Netherlands Antilles 3720-6 Panama 31B8-7 Peru 3220-4 Trinidad and Tobago 3240-9 Uruguay 3260-3 Venezuela 3271-9 O ther Latin America and Caribbean 3900-8 TOTAL LATIN AMERICA AND CAHIBBEAN 3999-3 BEFO RE PREPARING THIS REPO RT PLEASE REA D CARE F U L L Y THE G EN E R AL A N D SPECIFIC INSTRUCTIO NS TO THIS FORM. THE LETTE R S IN PARENTHESES IN THE A B O V E CO LUM N H E A D IN G S REFER TO P A R T I I " SPECIFIC IN ST R U C T IO N S" TO THIS FORM. tn o u 's m i l l ’s t h o u ’s Outstanding Collections and Other Claims (f) ■ mill's ih o u 's TOTAL of Columns 1 -8 (For A rithmetic Check Only) 9 mill's t h o u ’s (Actual figures in thousands of dollars as of close of last business day of month) Part 2. Claims i f Reporter's Domestic Customers Pert 1. Reporter's Own Claims Remaining Maturity of Claims on Unaffiliated "Foreigners" (b) FO R EIG N CO UNTRIES On "Foreign Public Borrowers" Memorandum On Other .. Foreign" Borrowers One Yeer or Less Over One Yeer One Yeer or Leas Over One Yeer Customsr Liability on Acceptances (c) 1 2 3 4 S (a) CODE ASIA Bahrain China Mainland mill’s thou's mill’s thou's mill’s thou'i mill’s thou’s mill’s thou's (d) Negotieble end Readily Trensfsrsfals Instruments (e) Outstanding Collections end Other Claims (f) S 7 l Deposits mill’s TOTAL of Columns 1 -8 (For Arithmetic Check Only) thou’s mill’s thou’s mill’s » thou’s mill’s thou’s 4070-3 4140-8 Taiwan 4630-2 Hong Kong 4200-5 India 4210-2 Indonesia 4221-8 Iran 4230-7 Iraq 4240-4 Israel 4250-1 Japan 4260-9 Korea 4300-1 Kuwait 4310-9 Lebanon 4341-9 Malaysia 4360-5 Oman 4410-5 Pakistan 4470-9 Philippines 4480-6 Qatar 4510-1 Saudi Arabia 4560-8 Singapore 4601-9 Syria 4620-5 Thailand 4641-8 United Arab Emirates (Tracial States) 4660-4 Other Asia 4890-9 TOTAL ASIA 4999-9 AFRICA Algeria 5010-5 - Egypt 5700-2 Gabon 5241-8 - Ghana 5260-4 Liberia 5320-1 Libya 5330-9 Morocco 5400-3 Nigeria 5430-5 South Africa 5571-9 Zaira 5170-5 Other Africa 5890-4 TOTAL AFRICA OTHER COUNTRIES Australia All Other TOTAL OTHER COUNTRIES INTERNATIONAL & REGIONAL International 5999-4 6008-B 63903 6990-6 72"5 7 European regional 7390-3 Latin American regional 7491-8 Asian regional 7590-6 African regionel 7690-2 Middle Eastern regional 7790-9 TOTAL INTERNATIONAL & REGIONAL GRAND TOTAL H 9999-6 Name and title of signing officer (please type or print) Signature of responsible officer Person to be contacted re: this report Area code, telephone num ber and extension Q U A R T E R L Y REPORT TO FED E R A L RESERVE BANK OF NEW YORK The data furnished on this report w ill be h eld in confidence. International Capital Form BQ-2 DEPARTMENT OF THE TREASURY Office of the Assistant Secretary for International Affairs Part 1 - L I A B I L I T I E S TO, A N D C L AIM S, ON " F O R E IG N E R S " OF R EPO R TIN G BANK, B ROK ER OR D E A L E R Part 2 - D O M E S T I C CU STOMERS' C L A IM S ON " F O R E I G N E R S " H E L D BY REPO R T IN G BA NK, BROKER OR D E A L E R PA YA B L E IN F O R E IG N C U R R E N C IE S Note: This report should be filed not later than the twentieth day following the last day o f the month. This report is required by law (12 U.S.C. 95a; 22 U.S.C. 286f: 22 U.S.C. 3103: E.O. 6560; E . 0 . 10033; 31 G.F.R. 128). Failure to report can result in a civil penalty not exceeding$10,000 (22 U.S.C. 31.05). Willful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000, or, if a natural person, imprisonment for not more than ten years, or both. Any officer, director, or agent of any corporation w ho knowingly participates in such violation may be punished by a like fine, imprisonment, or both (12 U.S.C. 95a; 31 C.F.R. 128.4(a)). As of: Name of Reporter (Actual figures in thousands of dollars as of close of last business day of month) Part 2. Claims of Reporter's Domestic Customers (d) Part 1. Reporter's Own Liabilities and Claims F O R EIG N CO U NTRIES Liabilities (a) Claims on "Foreigners’* (c) “ Foreigners" Deposits EUROPE Austria 2 3 th o u 's m ill's th o u 's mill's t h o u ’s m ill's 1018-9 Belgium-Luxembourg 1030-8 Bulgaria 1520-2 Czechoslovakia 1528-8 Denmark 1050-2 Finland 1070-7 France 1080-4 German Democratic Republic 1600-4 Germany 1100-2 Greece 1120-7 Hungary 1550-4 . Italy Netherlands 1150-9 1210-6 ^Norway 1220-3 Poland 1576-8 Portugal 1231-9 Romania 1580-6 K Spain Sweden • Switzerland 1250-5 1260-2 1268-8 Turkey 1280-7 XJnited Kingdom 1300-5 U.S.S.R. 1610-1 Yugoslavia 1321-8 Other Europe 1800-7 TOTAL EUROPE 1999-2 CANADA 2999-8 L A TIN A M E R I C A A N D C A R IB B E A N A rg en tina 3010-4 Bahamas 3531-9 Bermuda 3560-2 Brazil 3030-9 British West Indies 3600-5 Chile 3040-6 Colombia 3060-3 Cuba 3070-8 Ecuador 3100-3 Guatemala 3120-8 Jamaica 3160-7 Mexico 3170-4 Netherlands Antilles 3720-6 Panama 3188-7 Peru 3220-4 Trinidad and Tobago 3240-9 Uruguay 3260-3 Venezuela 3271-9 Other Latin America and Caribbean 3900-8 TOTAL LATIN AMERICA AND CARIBBEAN TOTAL of Columns 1 -6 (For Arithmetic Check Only) S Other Claims 1 m ill's Deposits Other Claims 4 (b) CODE Oats 3969-3 BEFORE PREPARING THIS REPORT PLEASE READ CARE FULL Y THE GENERAL AN D SPECIFIC INSTRUCTIONS TO THIS FORM. THE LETTERS IN PARENTHESES IN THE ABOVE COLUMN HEADINGS REFER TO PART II "SPECIFIC INSTRUCTIONS" TO THIS FORM. th o u 's m i l l ’s 6 th o u 'i mill's thou's (Actual figures in thousand* of dollars as of close of last business day of month) Part 1. Reporter's Own Liabilities and Claims F O R EIG N C O U NTRIES to CODE thou's Deposits Deposit! Olhar Claims 2 mill’i iI 3 ttiou’i Other Claims mill's thou's mlll'i 6 9 tnou's mill's mill's thou'i thou’s 4070-3 4140-8 4630-2 Hong Kong 4200-6 India 4210-2 Indonesia 4221-8 Iran 4230-7 Iraq 4240-4 Israel 4250-1 Japan 4260-9 Korea 4300-1 Kuwait 4310-9 Lebanon 4341-9 Malaysia 4360-5 Oman 4410-5 Pakistan 4470-9 Philippines 4480-6 Qatar 4510-1 Saudi Arabia 4560-8 Singapore 4601-9 Syria 4620-5 Thailand 4641-8 .United Arab Emirates (Trucial States) Other Asia TOTAL ASIA AFRICA Algeria 4660*4 4890-9 4998-9 1 5010-5 < Egypt 5700-2 Gabon 5241-8 Ghana 5260-4 Liberia 5320-1 Libya 5330-9 Morocco 5400-3 Nigeria 5430-5 South Africa 5571-9 Zaire 5170-5 Other Africa . "Foreigners" <bl 1 mill's ASIA Taiwan TO!rAL 0f P a Im 1-5 (For Arithmetic Check Only) Claims on "Foreigners" let Liabilities (a) Bahrain China Mainland Part 2. Claims of Reporter's Domestic Customers (d) 5890-4 TOTAL AFRICA OTHER COUNTRIES Australia All Other INTERNATIONAL & REGIONAL International 5999-4 6008-9 6390-8 7290-7 European regional 7390-3 Latin American regional 7491-8 Asian regional 7590-6 African regional 7690-2 Middle Eastern regional 7790-9 TOTAL INTERNATIO NAL®IO NAL 7999-5 GRAND TOTAL 9999-6 Name and title of signing officer (please type or print) Signature of responsible officer Person to be contacted re: this report Area code, telephone nurr)ber and extension Data reported on this fo rm will be held In confidence. (See Part I, Section A. o f the Instructions) Form Approved: OMB No. 48-R0519 Foreign Currency Form FC-1 DEPARTMENT OF THE TREASURY Office o f the Assistant Secretary for Economic Policy REVISION AUGUST 1978 WEEKLY FO R EIG N CURRENCY R E PO R T O F BANKS IN THE UNITED STATES Weekly R eport to Federal Reserve Bank o f _____________________________________________ (A m ounts outstanding in millions o f foreign currency units as o f close o f business on Wednesday) As o f Name o f Reporting Institution Dale fm s report is required by law (12 U.S.C. 95a; 31 U.S.C. 1141-1143; E.O. 6560; 31 C.F.R. 128.31). Failure to report can result in a civil penalty not exceeding $10,000 (31 U.S.C. 1143; 31 C.F.R. 128.4(b)). Willful failure to report may result in a criminal prosecution and, upon conviction, a fine o f not more than SlO.OOO or, it a natural person, imprisonment for not more than 10 years, or both. Any officer, director, or agent o f any corporation who knowingly participates in such violation may be punished by a like fine, imprisonment, or both (12 U.S.C. 95a; 31 C.F.R. 128.4(a)). ’ Balance Sheet Items Assets O ther than Capital Assets CURRENCIES Liabilities O ther than Capital Liabilities 1 2 Code Canadian dollars 6 90484 Swiss francs 5 88714 Japanese yen 4 86967 Italian lire 3 85197 German marks Sold Hedged OffBalanceSheet Items 83437 French francs Bought Net Position 81671 D utch guilders MEMORANDA Foreign Exchange Contracts 92258 United Kingdom pounds TOTAL (for a rith metic check purposes only) u - 7 7 7 J ' 99856 Number o f offices included in report□ Check if list o f offices is unchanged from preceding report. Remarks (attach additional sheets if necessary): Name and title of signing officer (please print or type) T D F 90.08.17 signature Area code, telephone number, and extension Foreign Currency Form FC-1 DEPARTM ENT O F THE TR E A S U R Y O ffice o f the Assistant Secretary for E conom ic Policy W EEKLY F O R E IG N C U R R E N C Y R E P O R T O F B A N K S IN T H E U N IT E D ST A T E S N o te : T his re p o rt sh o u ld be filed n o t la te r th a n th re e bu sin ess d a y s fo llo w in g th e W ednesday to w h ich th e re p o rt applies. PART I-G E N E R A L INSTRUCTIONS A. E. 1. INTRODUCTION This report form is designed to provide w eekly data on the gross assets, gross liabilities, and positions in specified foreign cur rencies o f banks and banking institutions, including bank holding companies, in the United States. A m ou nts to be reported on this form are the outstanding am ounts o f assets other than capital assets, liabilities other than capital liabilities, foreign exchange contracts bought and sold, net position, and a m emorandum entry for hedged off-balance-sheet items, in the currencies specified, as o f the close o f business on Wednesday. This report, is required by law (12 U.S.C. 95a; 31 U.S.C. 1 1 41-1 143; E.O. 6 5 6 0 ; 31 C.F .R . 1 2 8 .3 1 ). Failure to report can result in a civil penalty n ot e xceedin g $ 1 0 ,0 0 0 31 U.S.C. 1143; 31 C .F .R . 1 2 8.4(b )). Willful failure to report may result in a criminal prosecution and, upon conviction, a fine o f n ot more than $ 1 0 ,0 0 0 , or, if a natural person, imprisonment for n ot more than 10 years, or both. Any officer, director, or agent o f any corporation w h o knowingly participates in such violation may be punished b y a like fine, im prisonment, or b oth (1 2 U.S.C. 95a; 31 C .F .R . 128.4(a)). Data reported on this form will be held in confidence by the Departm ent o f the Treasury and the Federal Reserve Banks acting as fiscal agents o f the Treasury. The data reported by individual banks will not be published or otherwise publicly didclosed. Aggregate data derived from reports on this form may be published or otherwise disclosed in a manner w hich will not reveal the am ounts reported by any individual reporting bank. Data reported by individual banks may be made available to other Federal agencies insofar as authorized by the Federal Reports Act (4 4 U.S.C. 3501 et scq.). B. WHO MUST REPORT All banks and banking institutions, including bank holding companies, in the United States, and the agencies, branches, and subsidiaries located in the United States o f foreign banks and banking institutions, w hich for their o w n account have assets, liabilities, or positions in specified foreign currencies, as defined in these instructions, are required to report on this form. Bank holding com panies w hich have filed with the Board o f Governors o f the Federal Reserve System under Section 4 ( c )( 1 2 ) o f the Bank Holding Com pany Act, 12 U.S.C. 1 8 4 3 ( c )( 1 2 ) , an irrevocable declaration that they will cease to be a bank holding com pany, or have received an ex em p tion under Section 4 (d) o f the Act, 12 U.S.C. 18 4 3 (d ), are n ot required to file on this form, but should file instead on Forms FC-3 and FC-4. The reports o f any bank or banking institution having branches in the United States shall include the reportable items o f all such branches. Reports o f any Edge Act or Agreement subsidiary engaged in banking must be filed separately with the Federal Reserve Bank o f the district in w hich it is located. Reports o f bank holding com panies should include the reportable item s o f their dom estic financing and nonbanking subsidiaries and should be filed w ith the Federal Reserve Bank o f the district in which the bank holding com pany is located. C. EXEMPTIONS A weekly report need n ot be filed if in each o f the specified foreign currencies the dollar equivalent value o f the outstanding am ounts o f assets other than capital assets, liabilities other than capital liabilities, foreign exchange contracts bought, and foreign exchange contracts sold, each is less than $ 10 million. If, however, the dollar equivalent value o f any o f these categories is $ 1 0 million or more in any specified foreign currency, the entire line for each such currency must be reported. Dollar equivalent values, for purposes o f the exem p tion , are to be calculated using the spot exchange rates prevailing as o f the close o f business on the day to w hich the report applies. D. FILING OF REPORTS This report should be filed with the Federal Reserve Bank o f your District not later than three business days follow ing the Wednesday to which the report applies. If Wednesday is n o t a business day, the report should be filed as o f the preceding business day. Each bank or banking institution w hich reports on l-'orm FC-1 as o f any Wednesday in a m onth is also required to report on the m onthly Form F C -la as o f the last business day o f the m onth on all specified currencies reported during the m onth. NOTE: A ttach to your initial report a list o f the dom estic branches and subsidiaries covered by the report. The list should consist o f the name, city and State o f each d om estic entity that has contributed data to the report. Subsequent reports should be checked in the b o x provided to indicate that the list is unchanged from the preceding report, or should be accompanied by a list specifying the name, city and State o f offices added or deleted. DEFINITIONS 2. 3. 4. F. United States. For purposes o f this report, the term “ United States” shall mean the States o f the United States, the District o f Columbia, the Com m onw ealth o f Puerto R ico, and the following; American Samoa, the Canal Z on e, Guam, Midway Island, the Virgin Islands, and Wake Island. Specified currencies. “Specified currencies" are defined as currencies specified on this form and such other currencies as may be prescribed from time to time by the Department o f the Treasury. “ Specified foreign currencies” are specified currencies other than the United States dollar. Capital Assets. For purposes o f this report “Capital Assets" are defined as fixed assets, such as premises, furniture, and fixtures; intangible assets; equity investments in subsidiaries and other affiliates; and capital advances to branches. Capital liabilities. For purposes o f this report, “ capital liabilities” are defined as liabilities o f a capital nature such as com m on and preferred stock and undistributed profits for incorporated banks, capital advances for agency banks, and liabilities to the parent o f a capital nature for branch banks. RO UNDING All data entries should be rounded to the nearest million currency units; d o n o t use decim als. G. COMPLEMENT CURRENCIES ON EXCHANGE CONTRACTS Reporters are reminded that every exchange contract involves tw o currencies, one bought and one sold. If the com plem ent cur rency is a specified currency, it should be reported; PART II-SP E C IFIC INSTRUCTIONS RELATING TO PARTICULAR COLUMNS ON FORM FC-1 1. Assets other than capital assets. Report in this colum n: cash; am oun ts due from banks, including other offices o f the reporting bank; am ounts due from nonbanks; securities; loans, discounted notes, and overdrafts exten d ed , etc.; custom ers’ liabilities on acceptances outstanding and on deferred paym ent letters o f credit; and other assets d en om i nated in the specified currencies. NOTE: Unsettled spot foreign exchange contracts bought should b s reported in column 3, rather than here. Exclude capital assets, as defined above. 2. Liabilities other than capital liabilities. Report in this column: demand deposits; time deposits; liabilities for borrowed m on ey, including overdrafts; acceptances granted, deferred paym ent letters o f credit outstanding; am ounts due to banks, including other offices o f the reporting bank; am ounts due to nonbanks; and other liabilities denom inated in the specified foreign currencies. NOTE: Unsettled spot foreign exchange contracts sold should be reported in colum n 4, rather than here. Agencies, branches, and subsidiaries o f foreign banks should exclude capital liabilities, as defined above. 3. Foreign exchange contracts bought. Report in this column the outstanding am ounts o f spot and forward foreign exchange which the reporter has contracted to receive at som e future date, including am ounts due on unsettled spot contracts. Reporters may wish to show in f o o tn o tes the am oun ts included in this column which represent contracts which hedge capital assets or capital liabilities. 4. Foreign exchange contracts sold. Report in this colum n the outstanding am ounts o f spot and forward foreign exchange which the reporter has contracted to deliver at some future date, including am ounts due on unsettled spot contracts Reporters may wish to show in fo o tn o tes the am ounts included in this column which represent contracts which hedge capital assets or capital liabilities. 5. Net position. Report in this colum n the sum o f colum ns 1 and 3 less the sum o f colum ns 2 and 4. Indicate a net short position by enclosing the entry in parentheses. 6. Memoranda: Hedged off-balance-sheet items. Report in this colum n the net am ount o f items not included in colu m ns 1 and 2, other than capital assets and liabilities, against which hedges are reported in colum ns 3 and 4. For exam ple, if the reporter hedges com m itted interest receivable or payable at the time a loan is made or a deposit is taken, the net am ount o f such hedged interest com m itm en ts should be reported in this colum n. Include in the remarks section, or on an attached sheet, a brief description o f the items included in this colum n. (Reporters may also wish to m ention in the remarks section other off-balance-sheet item s which act as hedges to item s reported in colum ns 1 and 2, or which otherwise comprise part o f the bank’s net overall position.) Enter opposite TOTAL (for arithmetic check purposes o n ly) the arithmetic total o f the digits appearing in each colum n. In the space provided on the form, enter the number o f dom estic offices (dom estic branches and subsidiaries) included in the report. MEMORANDA Foreign Exchange C ontracts Balance Sheet Item s Assets Liabilities Bought Sold Net Overall Position 1 2 3 4 5 CURRENCIES Code Hedged OffBalanceSheet Item s 6 G erm an marks D em and/Spot 87025 3 days-1 m o n th 87041 Over 1 m onth-3 m onths 87092 Over 3 m onths-6 m onths 87149 Over 6 months-1 year 87165 Over 1 year 87181 T otal o f all m aturities 87211 Capital assets and liabilities 87246 Italian lire D em and/Spot 88781 3 days-1 m o n th 88811 Over 1 m onth-3 m onths 88862 Over 3 m onths-6 m onths 88927 Over 6 months-1 year 88943 Over 1 year , 88978 Total o f all m aturities 88994 Capital assets and liabilities 89028 Japanese yen D em and/Spot 1 . . 90557 3 days-1 m o n th 90573 Over 1 m onth-3 m onths 90638 Over 3 m onths-6 m onths 90689 Over 6 months-1 year 90719 Over 1 year 90735 Total o f all m aturities 90751 Capital assets and liabilities 90786 — n Swiss francs D em and/S pot 92339 3 days-1 m o n th 92355 Offer 1 m onth-3 m onths 92401 Over 3 m onths-6 m onths 92452 Over 6 months-1 year 92487 Over 1 year 92509 Total o f all m aturities 92525 Capital assets and liabilities 92541 | i United Kingdom Pounds D em and/S pot 94072 3 days-1 m o n th 94102 Over 1 m onth-3 m onths 94153 Over 3 m onths-6 m onths 94218 Over 6 months-1 year 94234 Over 1 year 94269 Total o f all m aturities 94285 Capital assets and liabilities 94307 TO TA L (for arithm etic check purposes only) q o orn 99902 j ... - ~........ ■ FC-la Page 2 o f 3 ■ Data reported on this fo rm will be held in confidence. (See Part I, Section A, o f the Instructions) Form Approved: OMB No. 48-R0518 Foreign Currency Form FC-la DEPARTMENT OF THE TREASURY Office o f the Assistant Secretary for Economic Policy REVISION AUGUST 1978 MONTHLY FO R EIG N CURRENCY R E PO R T O F BANKS IN THE U NITED STATES M onthly R eport to Federal Reserve Bank o f ________________________ (A m ounts outstanding in millions o f Foreign currency units as o f close o f business on th e last business day o f the m o n th ) ___________________________________________________________________ Name o f Reporting Institution As of:--------------------------------Date T'.iis report is required by law (12 U.S.C. 95a; 31 U.S.C. 1141-1143; E.O. 6560; 31 C.F.R. 1 28.32). Failure to report can result in a civil penalty not exceeding $10,000 (31 U.S.C. 1143; 31 C.F.R. 128.4(b)). Willful failure to report may result in a criminal prosecution and, upon conviction, a fine o f not more than $10,000 or, if a natural person, imprisonment for not more than 10 years, or both. Any officer, director, or agent o f any corporation who knowingly participates in such violation may be punished by a like fine, imprisonment, or both (12 U.S.C. 95a; 31 C.F.R. 128.4(a)). MEMORANDA Foreign Exchange Contracts Balance Sheet Items Assets Liabilities Bought Sold Net Overall Position 1 2 3 4 5 CURRENCIES Code Hedged OffBalanceSheet Items 6 Canadian dollars D em and/Spot 81752 3 d a y s - l m o n th 81787 Over 1 m onth-3 m onths 81825 Over 3 m onths-6 m onths 81876 Over 6 m onths-1 year 81892 Over 1 year 81914 Total o f all m aturities 81949 Capital assets and liabilities 81965 . • — i Dutch guilders D em and/Spot 83518 3 days-1 m o n th 83534 Over 1 m onth-3 m onths 83585 Over 3 months-6 m onths 83623 Over 6 months-1 year 83658 Over 1 year 83674 Total o f all m aturities 83704 Capital assets and liabilities 83739 French francs D em and/Spot 85278 3 days-1 m onth 85294 Over 1 m onth-3 m onths 85332 Over 3 m onths-6 m onths 85383 Over 6 months-1 year 85405 Over 1 year 85421 Total o f all m aturities 85456 Capital assets and liabilities 85472 TOTAL (for arithm etic check purposes only) 85502 i W856 Number o f offices included in r e p o r t:____________________________________ □ Check if list o f your domestic offices is unchanged from preceding report □ Check if com m ents included in remarks section or attached. TD I 90.08.18 FC-la Page 1 o f 3 F o re ig n C u rrenc y F o r m F C - la DEPARTMENT O F THE TREASURY O ffice o f the A ssistan t S ecretary for E c o n o m ic Policy M O N T H L Y F O R E IG N C U R R E N C Y R E P O R T O F B A N K S IN T H E U N IT E D S T A T E S N o te : T his r e p o r t sh o u ld be filed n o t la te r th a n th e fifte e n th d ay follo w in g th e last business d a y o f th e m o n th to w h ich th e re p o r t applies. PART I-GENERAL INSTRUCTIONS A. IN TR O DU C TIO N This report f o im is designed t o p ro v ide m o n t h ly d a t a o n th e gross assets, gross liabilities, and p o s itio n s in specified f o reig n c u r rencie s o f b an k s a n d b an k in g in s titu tio n s , in clu d ing b a n k hold in g co m pan ies, in th e U n ited States. A m o u n t s to b e r e p o r t e d o n this f o r m are the o u ts ta n d in g a m o u n ts b y m a tu r it y o f assets a n d liabil ities, foreign ex c h an g e c o n tr a c ts b o u g h t an d sold , n et overall p osi tion, and a m e m o r a n d u m en try for hedged off-balance-sheet items, in the currencies specified, as o f the close o f bu siness on th e last business d ay o f the m o n th . This r e p o r t , is r e q u ire d by law ( 1 2 U.S.C. 9 5 a; 31 U.S.C. 1 1 4 1 -1 1 4 3 ; E.O. 6 5 6 0 ; 31 C .F .R . 12 8 .3 2 ). Failure to r e p o r t can result in a civil p en a lty n o t exceed in g $ 1 0 ,0 0 0 (3 1 U .S.C. 1 1 4 3 ; 31 C .F .R . 1 2 8 .4(b )). Willful failure t o r e p o r t m a y resu lt in a c rim in al p ro s ecu tio n an d , u p o n c o n victio n , a fin e o f n o t m o r e th a n S I 0 ,0 00 , o r, if a natu ral pers on, im p r is o n m e n t for n o t m o re than 10 years, or both . Any officer, d ir e c to r , or agent o f any c o r p o r a tio n w h o know in gly p a r tic ip a te s in s u c h vio lation m ay be punished by a like fin e, i m p r is o n m e n t, o r b o t h ( 1 2 U.S.C. 9 5 a ; 31 C.F .R . 128.4 (a)). D ata r e p o r te d o n th is fo rm will b e held in c o n f id e n c e b y th e D e p a r t m e n t o f the T reasury and the F ed era l Reserve B an k s ac ting as fiscal agents o f the Treasury . T h e d a ta r e p o r t e d b y individual b anks will n o t be p u b lishe d o r oth erw ise pub licly disclosed, Aggregate d ata derived fro m r e p o r ts on this fo rm m a y be publish ed or o therw ise disclosed in a m a n n e r w hich will n o t reveal th e a m o u n ts r e p o r t e d by any individ ual r e p o r tin g b an k . D a ta r e p o rte d by in d iv id ual b a n k s m a y b e m a d e available t o o th e r F edera l agencies in so far as a u t h o r iz e d b y t h e F ederal R e p o r t s A ct (44 U.S.C. 3501 et seq.). B. E X EM P TIO N S A rep o rt as o f any m o n th - e n d need n o t be filed if in e a ch o f the specified foreign currencies the dollar equ iv alen t value o f ea ch o f the entries in the “ T o ta l of all m a tu r itie s ” line fo r assets, liabilities, foreign exchange c o n t r a c t s b o u g h t, an d fo reign e x ch ange c o n t r a c t s sold is less th an $ 1 0 million, unle ss th e e x c e p tio n below applies. If, how ever, th e do llar e qu iv ale n t value o f an y o f th ese cate gories on t h e “ T o t a l o f all m a tu r itie s ” line is $ 1 0 m illion or m o r e in any specified foreign c u rre n c y , th e e n t ir e m a tu r it y schedule and the “ C ap ital assets and liabilities” line fo r ea ch such c u rren c y m u s t be r ep o rted . Dollar equ iv alen t values, for p u rp o ses o f the e x e m p tio n , are to be calculated using th e spo t exchange rates prevailing as o f th e close o f b usin ess o n th e d a y t o w h ic h th e rep o r t applies. EX CEPTIO N : E a c h b a n k o r b an k in g in s titu tio n w h ich is required to re p o r t o n F o r m FC-1 a s o f an y W ed nesd ay in a m o n t h is also required to re p o r t o n F o r m F C - l a as o f th e last b u siness d ay o f the m o n t h on all specified currenc ies rep o rted d u r in g th e m o n th , regardless o f the e x e m p tio n levels s tated in this section. D. R O U N D IN G All d ata entries should be ro u n d e d t o th e nearest million cu rrenc y u nits; do no t use decimals. G. C O M P L E M E N T C U R R E N C I E S ON E X C H A N G E C O N T R A C T S R e p o r t e r s are rem in d ed th a t every e x c h a n g e c o n t r a c t involves tw o currencies, one b o u g h t and one sold. I f th e c o m p le m e n t cu rren cy is a specified cu rren c y , it should be r e p o rted . P A R T I I - S P E C I F I C IN ST R U C T IO N S C o lu m n In s tru c tio n s 1. 2. 3. 4. 5. 6. Assets. R e p o r t in th is c o lu m n by applicable m a tu r it y : ca sh; a m o u n t s d u e fro m b an k s, in clu d ing o th e r o ffices o f the rep o rtin g b an k ; a m o u n ts due fro m no n b an k s ; securities; loans, d is co u n ted notes, and ov erd rafts e x t e n d e d , etc.; c u s to m e r s ’ liabilities on a c cep ta n ces o u ts ta n d in g and on deferred p a y m e n t le tte rs o f credit; and o t h e r assets d e n o m i n ated in th e specified currencies. N O T E : U nse ttled s p o t foreign ex c h an g e c o n t r a c t s b o u g h t should be r e p o r te d in co lu m n 3, r a t h e r th a n here. R e p o r t capital assets, as d efin ed above, on th e “ C ap ital assets and liabilities” line. Liabilities. R e p o r t in this co lu m n by applicable m a tu r ity : d e m a n d dep osits; time dep osits; liabilities for b o rro w ed m o n e y , in clu din g overdrafts; ac ce p ta n c e s g r a n te d ; d e f e rr e d p a y m e n t le tte rs o f cre d it o u ts ta n d in g ; a m o u n t s d u e t o b an k s , in clu din g o th e r o ffices o f t h e rep o r tin g b a n k ; a m o u n ts d u e to n o n b a n k s ; and o t h e r liabilities d e n o m in a t e d in th e specified foreign currencies. N O T E: U nse ttled sp ot foreign ex c h an g e c o n t r a c t s sold should be r e p o r te d in co lu m n 4, rath er th a n here . Agencies, b ranches, and subsidiaries o f foreign b a n k s should re p o r t capital liabilities, as defined above o n th e “ C a p ita l assets and liabilities” line. Fo reig n ex c h an ge c o n tr a c ts b o u g h t. R e p o r t in th is c o l u m n b y applicable m a tu r it y th e o u ts ta n d in g a m o u n t s o f s p o t and forw ard exc h an ge w hich th e r e p o r t e r has c o n t r a c t e d to receive at som e fu tu r e d a te , in clud in g a m o u n t s d u e on u n s e ttle d s p o t c o ntracts. R e p o rte rs m ay wish to show in f o o tn o t e s the a m o u n ts included in this co lu m n w hich r ep res en t c o n t r a c t s w hich h ed g e capital assets or capital liabilities. Fo reig n ex c h an g e c o n t r a c t s sold. R e p o r t in th is c o l u m n by a pp lica b le m a tu r it y th e o u ts ta n d in g a m o u n ts o f s p o t and f o rw a rd foreign ex c han g e w h ich th e r e p o r t e r h as c o n tr a c te d t o deliver a t som e f u tu r e d a t e , in clu d ing a m o u n t s d u e o n u n settled sp ot co n tracts. R e p o r t e r s m a y wish to s h o w in f o o tn o t e s the a m o u n ts included in this c o lu m n w h ich represent c o n t r a c t s w hich hedge capital assets o r capital liabilities. Net overall p o s iti o n . R e p o r t in th is co lu m n th e su m o f c o lu m n s 1 and 3 less th e sum o f c o lu m n s 2 an d 4. In d ic a te a n e t s h o r t p o s itio n b y enclosing th e e n tr y in pare n th eses. M e m o ra n d a: Hedged o ff-balance-sheet it em s. R e p o r t in this c o l u m n the n e t a m o u n t o f item s n o t included in c o l u m n s 1 and 2 against w hich hedges are r e p o r te d in c o lu m n s 3 an d 4. F o r e xa m ple , if the r ep o rter hedges c o m m it te d in terest receivable or p ay a b le at the tim e a loan is m a d e or a d e p o s it taken, the net a m o u n t o f such hedged in terest c o m m it m e n t s s hould be r e p o r te d in this co lu m n . I n clu d e in th e r em ark s sectio n, or o n an a t ta c h e d sheet, b rie f de s c rip tio n s o f th e item s included in th is c o lu m n . ( R e p o r t e r s m ay also w ish to m e n tio n in th e r em ark s section o th e r o ff-balance-sheet item s w h ich o ffset item s r e p o r te d in c o lu m n s 1 and 2, o r w h ich oterh w ise com p rise p a r t of th e b a n k ’s n e t overall po sitio n .) M a tu r ity S ch edu le In s tr u c tio n s E n te r on ea ch m a tu r it y line th e a m o u n ts d u e o r p a y a b le w ith in th e tim e p erio d in d icated . E n t e r fix e d-rate loans t o c u s to m e r s b y final m a tu r it y or th e nea rest call d a te , w h ich e v er is earlier, floating-rate loans by th e nearest in terest-fixing d a te , and o p tio n fo rw ard ex c h an ge c o n tr a c ts b y th e n ea rest o p tio n exercise d a te . F o r p u rp o s e s o f m a tu r it y groupings, “ s p o t” shall m ean rec eip t Of delivery w ith in tw o business days. F IL IN G O F R E P O R T S This rep o r t should b e filed w ith th e F ed era l Reserve B a n k o f y o u r D istric t n o t la ter th an th e fifte e n th day following t h e last business day o f th e m o n th . N OTE: A tta c h to y o u r initial re p o r t a list o f y o u r d o m e s tic offices ( d o m e stic b r a n c h e s and subsidiaries) w hich are covered b y the r ep o rt. Th e list should consis t o f th e nam e, city and S ta t e o f ea ch d o m e stic e n tity th a t has c o n t r ib u te d d a ta to th e rep ort. S u b se q u e n t r e p o r ts should be ch e ck ed in th e b ox p rovid ed to indicate tha t th e list is unchanged fro m th e p rec ed in g r e p o r t , or should be a c co m p an ied b y a list specify ing th e nam e, city and S tate o f offic es a d d e d o r deleted. E. F. WHO MUST R E P O R T All b anks an d ban k in g in s titu tio n s , in clu din g b ank h o ld in g c o m p an ie s, in the U nited States, and the agencies, b ran c h es, and subsidiaries lo cated in the U nited S ta te s o f foreign b a n k s and ban king in s titu tio n s , w h ich for their o w n a c c o u n t have assets, liabilities, o r p o sitio n s in specified foreign currencies, as d e f in e d in these in s tru c tio n s , are req uired t o r e p o r t o n this f o r m . Bank h o ld in g c o m p an ie s w hich have filed w ith th e B oard o f G o v e r n o r s o f the F ed era l Reserve S y stem u nd er S e c tio n 4 ( c ) ( 1 2 ) o f t h e Bank Hold in g C o m p a n y Act, 12 U.S.C. 1843 (c)(1 2 ), an irrevocable d eclaratio n th at th e y will cease to be a b an k h o lding c o m p a n y , or have received an e x e m p ti o n under S ection 4 (d ) o f th e A ct, 12 U.S.C. 18 43 (d ), are n o t req u ired t o file o n th is f o rm , b u t sh o u ld file inste ad on F o r m s F C-3 a n d FC-4. The rep o r t! o f any bank or b a nk in g i n i til u ti o n having b r a n c h e s in the U n ite d S tates shall include th e rep o rtab le ite m s o f all m c h branches. R e p o r t s o f an y Edge A c t o r A g reem en t s u b s i d ia r y engaged in b a n king must be filed separately w i t h the F ederal Reserve Bank o f the d istrict in w h ic h it is located. R e p o r ts o f b ank holding c o m p an ie s should in c lud e th e rep o rtab le ite m s o f their d o m e s t k financing and n o n b a n k in g subsidiaries a n d sho u ld be filed w ith th e F edera l Reserve B ank o f th e d is trict in w h ic h the b a n k h o lding c o m p a n y is lo cate d. C. in c o r p o r a te d banks, c a p ita l advances for a g e ncy b anks, and liabilities to th e p a r e n t o f a capital n a tu re for b ra n c h banks. D E F IN IT IO N S 1. 2. 3. 4. U nited States. T h e te rm “ U n ited S ta te s ” shall m e an th e S tales o f the U nite d States, the D istrict o f C o lu m b ia, the C o m m o n w e a lth o f P uerto R ic o, and the fo llowing: A m erican Sam oa, the Canal Z o n e , G u a m , M idw ay Island, th e Virgin Islands, and Wake Island. Specifie d currencies. “ S pecified c urren c ies” are d e f in e d as cu rren c ies specified on this fo rm and such o th e r c u rrenc ies as may be p rescrib ed from time to time by th e D e p a r t m e n t o f the T reasu ry . “ Specified foreign cu rren c ies ” are specified currencics o th e r th an the U nited S tates dollar. Capital assets. F or pu rpo ses o f this rep o r t ‘‘C apital assets” are d efin ed as fixed assets, such as prem ises, f u r n itu r e , and fixtures; intangible assets; e q u ity in v e stm e n ts in subsidiaries and o ther affiliates; and capital advances t o b ranches. Capital liabilities. F o r pu rp o ses o f this rep ort, “ capital liabilities” are d efined as liabilities o f a c apital n a tu r e such as c o m m o n and p r eferre d stock and u n d is tr ib u te d p r o f it s fo r Page Total and Miscellaneous In s tru ctio n s O n each page, e n te r o p p o s ite T O T A L (fo r a ri th m e tic ch e ck p u rp o ses o n ly ) th e a r ith m e tic to t a l o f th e digits a p p e a rin g in ea ch c o lu m n on t h e page. In the space p rovid ed o n th e fo rm , en te r t h e n u m b e r o f d o m e stic offic es (d o m e stic bran c h es and subsidiaries) included in th e r ep o rt. P A R T 1 1 1-R E L A T IO N S H IP T O T R E A S U R Y IN TER N A TIO N A L C A PITAL FORM S A m o u n ts re p o r t a b le on this fo rm d iffer in several re s p e c ts f r o m a m o u n ts r e p o r t a b le on th e T re asu ry I n te r n a ti o n a l C apital Fo rm s: 1. All assets and liabilities d e n o m in a te d in th e specified cu r rencie s are lo be r e p o r t e d , inclu din g those rep res en tin g claims on, and liabilities to, p ersons in th e U n ite d S tates. T h e a m o u n ts rep o r ta b le on the T reasury I n te r n a ti o n a l C apital F o rm s are limited to claims o n , and liabilities to , foreigners. 2. T h is fo rm co vers o nly y o u r o w n assets a n d liabilities d e n o m in a te d in th e specified foreign cu rren cies, w h ich are r ep o r ta b le in millions o f th e c u r r e n c y ’s units. T h e a m o u n ts rep o rtab le o n T re a s u ry I n te r n a tio n a l C a p ita l F o r m BQ 2 /2 ( A ) in c lu d e y o u r foreign curren c y liabilities to , and claims on , foreigners, rep o r ta b le o p p o s ite th e c o u n t r y o f the c re d ito r or d e b to r . D ata s u b m itted o n F o rm B Q -2/2 (A ) are r e p o r te d in th o u s a n d s o f U.S. dollars. 3. T h is fo rm co vers o u ts ta n d in g a m o u n t s o f s p o t an d fo r w a r d p u rch a ses and sales o f foreign e x c h an g e. T re as u ry I n te r n atio n al C ap ital F o r m B Q -2/2 (A ) inc lu des net s p o t foreign e x c h a n g e b o u g h t (sold ), b u t ex c lu d es th e fo rw ard p urchase and sale o f foreign exchange. Remarks: (a tta c h additional sheets if necessary) Name and title of signing officer (please type or print) Signature Area code, telephone number, and extension FC-la Page 3 of 3 l o r m A p p r o v e d : OMB No. 48-R05I7 * D a ta r e p o r te d on t h is f o r m w i l l be h e ld in c o n f id e n c e . (See P a rt I, S e c tio n A , o f the. I n s t r u c t io n s ) Foreign Currency Form FC-2 DEPARTMENT OF THE TREASURY Office of the Assistant Secretary for Economic Policy REVISION AUGUST 1978 WEEKLY CONSOLIDATED FOREIGN CURRENCY REPORT ON FOREIGN BRANCHES AND SUBSIDIARIES OF UNITED STATES BANKS Weekly Report to Federal Reserve Bank o f ____________________________________ (Amounts outstanding in millions o f currency units as o f close o f business on Wednesday) _____________________________________________________________ Name of Reporting Institution As of:_____________________ Date This report is required by law (12 U.S.C. 95a; 31 U.S.C. 1141-1143; E.O. 6560; 31 C.F.R. 128.33). Failure to report can result in a civil penalty not exceeding $10,000 (31 U.S.C. 1143; 31 C.F.R. 128.4(b)). Willful failure to report may result in a criminal prosecution and, upon conviction, a fine of not more than SI 0,000 or, if a natural person, imprisonment for not more than 10 years, or both. Any officer, director, or agent of any corporation who knowingly participates in such violation may be punished by a like line, imprisonment, or both (12 U.S.C. 95 a; 31 C.F.R. 128.4(a)). MEMORANDA Balance Sheet Items Assets Other than Capital Assets CURRENCIES Code Canadian dollars held or owed by: Offices located in Canada Offices located e lsewhere Dutch guilders held or owed by: Offices located in the Netherlands Exchange Contracts Liabilities Other than Capital Liabilities Bought Sold Net Overall Position 1 2 3 4 S Hedged OffBalanceSheet Items 6 81701 81736 83453 Offices located elsewhere 83488 French francs held or owed by: Offices located in France 85227 Offices located elsewhere 85243 German marks held or owed by: Offices located in Germany 86983 Offices located elsewhere 87009 Italian lire held or ow ed hy: Offices located in Italy 88749 Offices located elsewhere 88765 Japanese yen held or owed by: Offices located in Japan 90506 Offices located elsewhere 90522 Swiss francs held or owed by: Offices located in Switzerland Offices located elsewhere United Kingdom pounds held or owed by: Offices located in the United Kingdom Offices located elsewhere 92274 92304 94021 94056 United Slates dollars held or owed b y .offices located outside the United States 96687 TOTAL (for arithmetic check purposes only) 99937 99856 Number of offices included in report: □ Check if list o f offices is unchanged from preceding report. Remarks (attach additional sheets if necessary): Name and title of signing officer (please print or type) TD F 90.08.19 Signature Area code, telephone number, and extension Foreign Currency Form FC-2 DEPARTMENT OF THE TREASURY Office of the Assistant Secretary for Kconemic Policy WEEKLY CONSOLIDATED FOREIGN CURRENCY REPORT ON FOREIGN BRANCHES AND SUBSIDIARIES OF UNITED STATES BANKS Note: This report should be filed not later than 10 business days following the Wednesday to which the report applies. PART I-GENERAL INSTRUCTIONS A. WHO MUST REPORT All United States banks and banking institutions, including bank holding companies, which have branches and majority-owned subsidiaries located abroad which for their own account have assets, liabilities, and positions in specified foreign currencies, as defined in these instructions, are required to submit a consolidated report on this form covering the reportable items o f all such branches and subsidiaries. Bank holding companies which have filed with the Board o f Governors of the Federal Reserve System under Section 4(c)( 12) o f the Bank Holding Company Act, 12 U.S.C. 1843(c)(12), an irrevocable declaration that they will cease to be a bank holding company, or have received an exemption under Section 4(d) of the Act, 12 U.S.C. 1843(d), are not required to file on this form, but should file instead on Forms FC-3 and FC-4. Reports must be filed with respect to foreign subsidiaries in which the majority ownership is held by more than one United States bank. In such cases, the reports should be filed by the United States bank which holds the largest percentage of the shares held by United States banks. If the United States banks hold equal shares, the reports should be filed by one of the United States banks by agreement among them. C. EXEMPTIONS A foreign branch or subsidiary need not be included in the weekly consolidated report on Form FC-2 if in each o f the specified foreign currencies the dollar equivalent value of the outstanding amounts of assets other than capital assets, liabilities other than capital liabilities, exchange contracts bought, and exchange contracts sold, each is less than $10 million. If, however, the dollar equivalent value o f any of these categories is $10 million or more in any specified foreign currency, the entire line for each such currency must be reported with respect to that foreign branch or subsidiary in the applicable “Offices located in [country]” or “Offices located elsewhere” line. In addition, the line for “United States dollars held or owed by offices located outside the United States” must be reported with respect to that foreign branch or subsidiary. Dollar equivalent values, for purposes o f the exemption arc to be calculated using the spot exchange rates prevailing as of close of business on the day to which the report applies. A foreign branch or subsidiary holding only a United States dollar position and no reportable position in the specified foreign currencies need not be included in the weekly consolidated report. D. FILING OF REPORTS This report should be filed with the federal Reserve Bank of your District not later than 10 business days following the Wednesday to which the report applies. If Wednesday is not a business day abroad for any of your reporting branches or subsidiaries, the report should include reportable items for those offices as o f the preceding business day. F.ach bank or banking institution which is required to report on Form I'C-2 as of any Wednesday in a month with respect to any foreign branch or subsidiary is also required to report on the monthly Form FC-2a as of the last business day o f the month with respect to that foreign branch or subsidiary on all specified currencies reported during the month. NOTE: Attach to your initial report a list o f the foreign offices (foreign branches and subsidiaries) covered by the report. The list should consist o f the name, city, and country ol each foreign branch and subsidiary that has contributed data to the report. Subsequent reports should be checked in the box provided to indicate that the list is unchanged from the preceding report, or should be accompanied by a list specifying the name, city, and country of each office added or deleted. DEFINITIONS 1. INTRODUCTION This report form is designed to provide weekly data on the gross assets, gross liabilities, and positions in specified foreign currencies and United States dollars o f foreign branches and majority-owned subsidiaries of United States banks and banking institutions, including bank holding companies. Amounts to be reported on this form are the outstanding amounts o f assets other than capital assets, liabilities other than capital liabilities, foreign exchange contracts bought and sold, net position, and a memo randum entry for hedged off-balance-sheet items, in the currencies specified, as of the close of business on Wednesday. This report, is required by law (12 U.S.C. 95a; 31 U.S.C. 1141-1143; E.O. 6560; 31 C.F.R. 128.33). Failure to report can result in a civil penalty not exceeding $10,000 31 U.S.C. 1143; 31 C.F.R. 128.4(b)). Willful failure to report may result in a criminal prosecution and, upon conviction, a fine o f not more than $10,000, or, if a natural person, imprisonment for not more than 10 years, or both. Any officer, director, or agent o f any corporation who knowingly participates in such violation may be punished by a like fine, imprisonment, or both (12 U.S.C. 95a; 31 C.F.R. 128.4(a)). Data reported on this form will be held in confidence by the Department ot the Treasury and the Federal Reserve Banks acting as fiscal agents of the Treasury. The data reported by individual banks will not be published or otherwise publicly disclosed. Aggregate data derived from reports on this form may be published or otherwise disclosed in a manner which will not reveal the amounts reported by any individual reporting bank. Data reported by individual banks may be made available to other Federal agencies insofar as authorized by the Federal Reports Act (44 U.S.C. 3501 ct seq.). B. E. 2. 3. 4. 5. F. United States. For purposes o f this report, the term “ United States” shall mean the States of the United States, the District o f Columbia, the Commonwealth o f Puerto Rico, and the following: American Samoa, the Canal Zone, Guam, Midway Island, the Virgin Islands, and Wake Island. Majority-owned foreign subsidiaries. For purposes o f this report, the term “ majority-owned foreign subsidiaries” shall mean foreign corporations in which one or more United States banks or banking institutions, including bank holding companies, directly or indirectly own stock having more than 5 0 percent of the total combined voting power of all classes o f stock entitled to vote, or more than 5 0 percent o f the total value of all classes o f stock. Specified currencies. “Specified currencies” are defined as currencies specified on this form and such other currencies as may be prescribed from time to time by the Department of the Treasury. “Specified foreign currencies” are specified currencies other than the United States dollar. Capital Assets. For purposes of this report “Capital Assets” are defined as fixed assets, such as premises, furniture, and fixtures; intangible assets; equity investments in subsidiaries and other affiliates; and capital advances to branches. Capital liabilities. For purposes of this report, “capital liabilities” are defined as liabilities of a capital nature such as common and preferred stock and undistributed profits for incorporated banks, capital advances for agency banks, and liabilities to the parent o f a capital nature for branch banks. ROUNDING All data entries should be rounded to the nearest million currency u n i t s ; do n ot use decimals. G. COMPLEMENT CURRENCIES ON EXCHANGE CONTRACTS Reporters are reminded that every exchange contract involves two currencies, one bought and one sold. If the complement cur rency is a specified currency, it should be reported. PART II— SPECIFIC INSTRUCTIONS RELATING TO PARTICULAR COLUMNS ON FORM FC-2 For your reportable branches and subsidiaries covered in this report, enter the amounts denominated in the specified currencies which are includable under the following column headings: 1. Assets other than capital assets. Report in this column: cash; amounts due from banks, including the head office and other offices o f the reporting bank; amounts due from nonbanks; securities; loans, discounted notes, and overdrafts extended, etc.; customers' liabilities on acceptances outstanding and on deferred payment letters o f credit; and other assets denomianted in the specified currencies. NOTE: Unsettled spot exchange contracts bought should be reported in column 3, rather than here. Exclude capital assets, as defined above. 2. Liabilities other than capital liabilities. Report in this column: demand deposits; time deposits; liabilities for borrowed money, including overdrafts; acceptances granted; deferred payment letters o f credit outstanding; amounts due to banks, including the head office and other offices o f the reporting bank; amounts due to nonbanks; and other liabilities denominated in the specified currencies. NOTE: Unsettled spot exchange contracts sold should be reported in column 4, rather than here. Exclude capital liabilities, as defined above. 3. Exchange contracts bough L Report in this column the outstanding amounts of spot and forward exchange which the reportable branch or subsidiary has contracted to receive at some future date, including amounts due on unsettled spot contracts. Reporters may wish to show in footnotes the amounts included in this column which represent contracts which hedge capital assets or capital liabilities. 4. Exchange contracts sold. Report in this column the outstand ing amounts o f spot and forward exchange which the reportable branch or subsidiary has contracted to deliver at some future date, including amounts due on unsettled spot contracts. Reporters may wish to show in footnotes the amounts included in this column which represent contracts which hedge capital assets or capital liabilities. 5. Net position. Report in this column the sum of columns I and 3 less the sum o f columns 2 and 4. Indicate a net short position by enclosing the entry in parentheses. 6. Memoranda: Hedged off-balance-sheet items. Report in this column the net amount o f items not included in columns 1 and 2, other than capital assets and liabilities, against which hedges are reported in columns 3 and 4. For example, if the reportable branch or subsidiary hedges committed interest receivable or payable at the time a loan is made or a deposit is taken, the net amount of such hedged interest com mitments s.hould be reported in this column. Include in the remarks section, or on an attached sheet, a briel description o f the items included in this column. (Reporters may also wish to mention' in the remarks section other off-balancesheet items which act as hedges to items reported in columns 1 and 2, or which otherwise comprise part of the bank’s net overall position.) Enter opposite TOTAL (for arithmetic check purposes only) the arithmetic total ol the digits appearing in each column. In the space provided on the form, enter the number o f foreign offices (foreign branches and subsidiaries) included in the report. Data reported on th is fo rm will b e h eld In co n fid tn c e , (S e e Part 1, S ec tio n A , o f the In structions) Form A p p r o v e d : OMB No. 48-R0516 Foreig n C urren cy F o r m F C 2a D E P A R T M E N T O F TH E T R E A S U R Y Office o f the A ssis ta nt Secreta ry f o r E c o n o m ic Policy R E V IS IO N A U G U ST 19 78 MONTHLY CONSOLIDATED FOREIGN CURRENCY REPORT ON FOREIGN BRANCHES AND SUBSIDIARIES OF UNITED STATES BANKS Monthly Report to Federal Reserve Bank o f ______________________ (Amounts outstanding in millions of currency units as of close of business on the last business day of the month) As of: . N am e o f R ep o rtin g I n s titu tio n Dale This report is required by law (12 ll.S.C. 95a; 31 U.S.C. 1141-1143; E.O. 6560; 31 C.F.R. 128.34). Failure to report can result in a civil penalty not exceeding $10,000 (31 U.S.C. 1143; 31 C.F.R. 128.4(b)). Willful failure to report may result in a criminal prosecution and, upon conviction, a fine of not more than $10,000 or, if a natural person, imprisonment for not more than 10 years, or both. Any officer, director, or agent of any corporation who knowingly participates in such violation may be punished by a like fine, imprisonment, or both (12 U SC . 95a; 31 C.F.R. 128.4(a)). MEMORANDA Balance Sheet Items Assets CURRENCIES CODE Canadian dollars held or owed by: Offices located in Canada Demand/Spot Exchange Contracts Liabilities Bought Sold Net Overall Position 1 2 3 4 5 Hedged OffBalanceSheet Items 6 81981 3days-lm onth 82015 Over 1 month-3 months 82066 Over 3 months-6 months 82112 Over 6 months-1 year 82147 Over 1 year 82163 Total of all maturities 82198 Capital assets and liabilities 82228 Offices located elsewhere Demand/Spot ; 82244 3 days-1 month 82279 Over 1 month-3 months 82317 Over 3 months-6 months 82368 Over 6 months-1 year 82384 Over 1 year 82406 Total of all maturities 82422 Capital assets and liabilities 82457 ,.u Dutch guilders held or owed by: Offices located in the Netherlands Demand/Spot . . J f 83771 3 days-1 month 83801 Over 1 month-3 months 83852 Over 3 months-6 months 83909 Over 6 months-1 year 83925 Over 1 year 83941 Total of all maturities 83976 Capital assets and liabilities 83992 Offices located elsewhere Demand/Spot i ___m s 84026 3 days-1 month 84042 Over 1 month-3 months 84093 Over 3 months-6 months 84131 Over 6 months-1 year 84166 Over 1 year 84182 Total of all maturities 84212 Capital assets and liabilities 84247 TOTAL (for arithmetic check purposes only) .. - 7 7 "1 1 84263 99856 Number of offices included in report:______________________ □ Check if list of your foreign offices is unchanged from preceding report. □ Check if comments included in remarks section or attached. TD F 90.08.20 FC-2a Page 1 of 4 "i FC-2a Page 2 of 4 Foreign Currency F o r m F C 2a DEPARTM ENT O F THE TRE A SU RY Office o f the Assistant S ecretary for E c o n o m ic Policy M O NTH LY C O N SO L ID A T E D F O R E IG N C U R R E N C Y R E P O R T ON F O R E IG N B R A N C H E S AND SU B SID IA R IE S O F U N ITED STA TES BANKS Note: This report should be filed not later than one month following the last business day of the month to which the report applies. P A RT I - G E N E R A L IN ST R U C T IO N S 2. I N T R O D U C T IO N T h is rep o r t form is designed to p rovide m o n t h ly d a t a o n th e gross assets, gross liabilities, and position s in specified foreign cuirencies and United States dollars o f foreign bran c h es and m ajo rity-owned subsidiaries o f United S tates b a n k s a n d b a n k in g in stitu tions, including b an k holding com panie s. A m o u n ts to be r ep orted on this form are the ou ts ta n d in g a m o u n ts b y m a tu r ity o f assets and liabilities, exc h an ge c o n tracts b o u g h t an d sold , n e t overall position, and a m e m o ra n d u m e n t r y for hedged offbalancc-sheet items, in the currencies specified, a s o f th e close o f business on the last business day o f th e m o n th . This r ep o rt, is required b y law (12 U.S.C . 9 5 a; 31 U.S.C. 1 1 4 1 - J 143; E .O . 6 5 6 0 ; 31 C .F .R . 128 .3 4). Failure to r e p o r t can result in a civil pen a lty not exceedin g 5 1 0 ,0 0 0 (31 U S.C. 1 1 4 3 ; 31 C .F .R . 128.4(b)). Willful failure to rep o r t may result in a crimin al p ro secu tio n and, up o n con v ictio n , a fine o f n o t m o r e th a n $ 1 0 ,0 0 0 , or, if a natural person, im p ris o n m e n t for n o t m o r e th a n 10 years, or bo th . Any officer, d ir e c to r , or age n t o f an y co rpo ratio n w ho know in gly p articip ate s in such violation m a y be punished b y a like fine, im p ris o n m en t, o r bo th ( 1 2 U.S.C. 9 5 a ; 31 C .F .R . 128.4(a)). Data rep o rted on this form will be held in co n fidence b y th e D e p a r t m e n t o f th e Treasury and the F ed eral Reserve Banks a cting as fiscal agents of the Treasury. Th e d a ta r e p o rte d b y individual banks will not be published or o the rw ise pub licly disclose d. Aggregate data derived from rep o rts on th is fo rm m a y be p ublished or oth erw ise disclosed in a m a n n er w h ich will n o t reveal the a m o u n ts repo rted b y any individual rep o rtin g b an k . D ata rep o rted b y individual b anks may be m a d e available to o th e r F ederal agencies, insofar as a u tho rize d b y th e F ederal R e p o r t s A ct (44 U.S.C. 3501 et scq.). 3. 4. 5. F. M ajo rity -ow ned foreign subsidiaries. F o r p u rp o s e s o f th is r e p o r t, the te rm “ m ajo rity-ow n ed foreign subsidiaries” shall m ean foreign c o rpo ratio n s in w hich one o r m o r e U n ited S tates b an k s or bank in g in stitu tio ns, inclu din g b a n k ho ld in g c om panies, dire ctly o r indirectly ow n stock having m o re th a n 50 p erc en t o f the to tal c o m bin ed v oting p o w e r o f all classes o f stock en titled to vote, or m o re th a n 5 0 p e r c e n t o f th e total value o f all classes o f s tock. Specified currencies. “ Specified currencies” are d efin ed as currencies specified on this form and such o th e r currencies as may be prescribed from tim e to time b y th e D e p a r t m e n t o f the Treasury. “ SpeciFied foreign cu rren c ies” are specified currencies oth e r th an the U nited S ta te s dollar. Capital assets. F o r p urposes o f this rep o r t “ C apital assets ” are defined as Fixed assets, such as prem ises, fu rn itu r e , and fix tures; intangible assets; e qu ity in ve stm en ts in subsidiaries and othe r affiliates; and capital advances t o b ranches. Capital Liabilities. F o r pu rpo ses o f this re p o r t, “ capital liabilities" are defin ed as liabilities o f a capital n a t u r e such as c o m m o n and preferred stock and u n d is trib u ted p r o f its fo r in c o rp o ra te d banks, capital advances fo r agency b anks, and liabilities to the p a r e n t o f a capital n a t u r e for b ra n c h b anks. R O U N D IN G All data entries should be ro u n d ed to th e n ea rest million currency u nit s; do not use decimals. G. C O M PLE M E NT C U R R E N C IE S ON E X C H A N G E C O N T R A C T S R ep o rters are rem in d ed th a t every exchange c o n t r a c t involves tw o currencies, one b o u g h t and one sold. If th e c o m p le m e n t currency is a specified currenc y , it should b e r ep orted. P A R T I I - S P E C I F I C IN S T R U C T IO N S WHO MUST R E P O R T C olu m n In stru ctio n s All United States b anks and b an k in g in s titu tio n s , inclu din g bank holding com panie s, which have b ranches and m a jo rity-o w ne d subsidiaries locate d abroad w hich for th e ir ow n a c c o u n t have assets, liabilities, or p o sitions in specified foreign currencies, as d efin ed in these instructions, are required to s u b m it a con so lid ated report on this fo rm covering the repo rtab le item s o f all such b ranches and subsidiaries. Bank holding co m p an ie s w h ich have Filed w ith th e Board o f G overnors o f th e F ederal Reserve S y stem u n der Section 4 ( c ) ( 1 2 ) o f th e Bank Hold in g C o m p a n y A c t, 12 U.S.C. 1 843(c)(12), an irrevocable d eclaration th a t t h e y will cease to be a bank holding com p an y , or have received an e x e m p ti o n u nd er Section 4 ( d ) o f the Act, 12 U .S.C. 1 8 4 3 ( d ) , are n o t required to File on this form , b u t should flic inste ad o n F o r m s FC-3 and FC-4. R ep o rts m u st be filed w ith respect to foreign subsidiaries in which th e m a jo rity ow nership is held b y m ore th a n o n e U nite d S tates bank. In such cases, th e r e p o r ts should b e filed b y th e United States ban k w hich ho lds the largest perc en tag e o f th e shares held b y U nited States banks. If th e U nited S ta te s b a n k s ho ld equal shares, the rep orts should b e filed b y o n e o f t h e U nite d S tates banks by agreem ent am ong th em. F o r rep ortable b ranches and subsidiaries covered b y th is r e p o r t , en ter the a m o u n ts d e n o m in a te d in the specified currencies w h ich are inclu dable un d er th e fallow ing co lu m n headings in each ap plicable m a tu r ity gro u p: 1. Assets. R ep o rt in this colum n b y applicable m a tu r ity : cash; a m o u n ts d u e from banks, including th e h ead o ffice a n d o th e r offices o f the repo rtin g ban k ; a m o u n ts d u e fro m n o n b a n k s ; securities; loans, d is co u nted note s; and o v erd rafts e x te n d e d , e t c . ; cu stom ers' liabilities on acceptances o u ts ta n d in g and on d eferred p a y m e n t le tters o f credit; and o th e r assets d e n o m i n ated in the specified currencies. N OTE: U nse ttled spot exchange c o n tr a c ts b o u g h t sh o uld be r e p o rte d in co lu m n 3, r ath er tha n here. R e p o r t capital assets, as defined above, on th e ‘‘C ap ital assets and liabilities” line. 2. Liabilities. R e p o r t in this colum n b y ap p lica ble m a tu r it y : d em and deposits; time deposits; liabilities for borrowed m o n e y , including overdrafts; accep tan ces g ran ted ; deferred p a y m e n t le tters o f credit o u ts ta n d in g ; a m o u n ts d u e to banks, including the head office and o th e r offices o f th e rep o rtin g b an k ; a m o u n ts due to n o n b an k s ; and o th e r liabilities denomi n ated in th e specified currencies. NOTE: U nsettled spot exchange con tracts sold Should be rep o rted in colum n 4, rath er th a n here. R e p o r t capital liabilities, as defined above, on the “ C apital assets and liabilities" line. 3. Ex ch an ge co n tracts b o u g h t R e p o r t in th is c o lu m n b y applicable m a tu rity the o u ts ta n d in g a m o u n ts o f s p o t and forw ard exchange w hich the rep o rtab le bran c h o r subsidiary has co n tracted to receive a t some f u tu r e d a t e , including a m o u n ts due on unsettled spot contracts. R e p o r t e r s may wish to show in f o o tn o t e s th e a m o u n ts in c lu d ed in th is column w hich rep resen t co n tracts w h ic h hedge capital assets or capital liabilities. 4. Exchange c o ntracts sold. R e p o r t in th is co lu m n b y ap plicable m a tu r ity the o u tsta n din g am o u n ts o f s p o t a n d forw ard exchange w hich th e rep ortab le b ranc h or subsidiary has co n tracted to deliver at some fu tu re d a te , inclu din g a m o u n ts due on unsettled sp ot contracts. R e p o r te r s m a y w is h t o show in f o o tn o t e s th e a m o u n ts in clu ded in th is co lu m n w h ic h represent co n tracts which hedge capital assets o r capital liabilities. 5 . Nel overall po sition. R e p o r t in th is co lu m n th e sum o f colum ns 1 and 3 less th e sum o f co lu m n s 2 an d 4. I n dic ate a net short p o sitio n by enclosing th e e n try in parenth eses. EX EM PTIO NS A rep o r t need n ot be filed as of any m o n th -e n d w ith respect to a foreign bran ch or subsidiary if in each o f th e specified foreign currencies the dollar equivale nt value o f ea ch o f th e e n tries in th e “ T o tal o f all maturities*' line f o r the categories o f assets, liabilities, exchange co n tracts bo u g h t, and ex c h an g e c o n t r a c t s sold is less th a n $10 million, unless the ex c ep tio n below applies. If, how ever, the do llar eq uivale nt value o f a n y o f these categories on th e “ T o tal of all m a tu r itie s ” line is $ 1 0 m illion o r m ore in any speciFied foreign cu rren c y , th e en tir e m a tu r ity schedule and the “ Capital assets and liabilities” line f o r ea ch su ch cu rrenc y m u s t be rep o rted w ith respect t o t h a t foreign b r a n c h o r subsidiary in the applicable “O ffices locate d in [co u n tr y ] * ’ o r “ Offices locate d elsew here" section. In a d d itio n , th e m a tu r ity schedule and “Cap ital assets and liabilities” line f o r “ U n ite d S ta te s dollars held or ow ed b y ofFices locate d outside th e U n ite d S ta te s ” must be rep o rted w ith respect to th a t foreign b r a n c h o r subsidiary. D ollar eq uivale nt values, fo r p u rposes o f th e e x e m p ti o n , a re t o be calculated using the sp o t exchange rates prevailing as o f t h e close o f business on the day t o w hich th e re p o r t applies. A foreign branch or subsidiary h old ing o nly a U n ite d S ta te s dollar po sitio n and no reportable po sitio n in th e Specified foreign currencies need n o t be included in th e m o n t h ly con so lid ate d report. EX CEPTIO N : Each bank or banking I n s titu tio n w h ic h is required to rep o rt on F o rm FC-2 as o f any W ednesday in a m o n t h w ith respect to a foreign bran ch o r subsidiary is also r e q u ire d t o r e p o r t on F o r m FC-2a as o f th e last business d ay o f th e m o n t h w ith respect to th at b ran c h or subsidiary on all specified currencies r ep orted durin g the m o n t h , regardless o f th e e x e m p ti o n levels stated in this section. * F ILIN G O F R EP O R TS 6. M em o ra n da: Hedged off-balance-sheet it em s. R e p o r t in th is co lu m n the net a m o u n t o f items n o t in c lu d ed in c o lu m n s 1 and 2 against w hich hedges are rep o rted in c o l u m n s 3 an d 4. F o r exam ple, if the r e p o r ta b le b ra n c h o f subsidiary hedges co m m itte d in terest receivable or p ay a ble a t t h e tim e a lo a n is m ade or a deposit is ta k en , th e n et a m o u n t o f such hedged in terest c o m m itm e n ts should b e rep o rted in th is c o lu m n . Include in the rem ark s section, or on an attached sh eet, b rie f descriptions o f the item s included in th is c o lu m n . ( R e p o r te r s may also wish to m e n tio n in th e rem ark s section o th e r off-balance-sheet item s w hich offset item s r e p o r t e d in co lu m n s 1 and 2, or w hich oth erw ise co m p rise p a r t o f th e b a n k ’s net overall position.) This rep o rt should be Filed w ith the F edera l Reserve B ank o f y our District not later than o n e m o n t h following th e last business day o f th e m on th . N OTE: A tta ch to y o u r mill*] rep o r t a list of the foreign offic ei covered by the reporl. The Ini should consist o f t h e nam e, d t y and c o u n t r y o f each foieigji branch or t u b f i d u i y th a t has c o n tr ib u te d d a ta to the rep ort. S u b se q u e n t r e p o r t! should be c hecked in the bo x provided to indicate th at the Irst is unch an g ed f ro m the preceding rep o rt, o r should be acco m p an icd by a tilt specifying the nam e, d t y and cou n try o f ca ch office ad d e d or delete d. E n ter on each m a tu r ity line the a m o u n ts d u e or p a y a b le w ith i n the period indicated. E n ter fixed-rate loans t o c u s to m ers by fin al m a tu r ity or th e nearest call d ate, w hichever is earlier, flo ating-rate loans by the nearest interest-fixing d ate, and op tio n fo rw ard ex c h an g e co n tracts b y th e nearest op tio n exercise date. F o r p u rp oses o f m a tu r ity groupings, “ s p o t” shall m e a n r e c e i p t o r delivery w ithin tw o business days. D E F IN IT IO N S Page T o tals and Miscellaneous In stru ctio n s 1. On each page, enter o p p o stie T O T A L (for arithmetic ch e ck p u rp oses only) the arith m e tic to tal o f th e dig its appearin g in each colum n. In the space provided on the fo r m , en ter the n u m b e r o f foreign offices (foreign branches and subsidiaries) included in th e rep o rt. United States. F o r p u rp o ses o f this r e p o r t , th e te rm “ U n ite d S ta te s ” shall mean th e States o f the U n ite d S tates, th e District o f C olu m bia , the C o m m o n w e a lth o f P u e r to Ric o, and the following: A m erican Sam oa, th e C anal Z o n e , G u a m , Midway Island, the Virgin Islands, and Wake Island. M aturity S ched u le In s tru ctio n s r MEMORANDA Balance Sheet Items Net Overall Position Exchange Contracts CURRENCIES Assets Code Liabilities Bought Sold 1 2 3 4 Hedged OffBalanceSheet Items 5 6 United Kingdom pounds held or owed by: Offices located in the United Kingdom D emand/Spot 94323 3 days-1 m onth 94358 Over 1 month-3 months 94404 Over 3 months-6 m onths 94455 Over 6 months-1 year 94471 Over 1 year 94501 Total o f all maturities 94536 Capital assets and liabilities 94552 Offices located elsewhere Demand/Spot i 94587 3 days-1 m onth 94609 Over 1 month-3 m onths 94641 Over 3 months-6 m onths 94692 Over 6 months-1 year 94714 Over 1 year 94749 Total o f all maturities 94765 Capital assets and liabilities 94781 I i ~ *, ' United States dollars held or owed by offices located outside the United States Demand/Spot 96946 3 days-1 m onth 96962 Over 1 month-3 m onths 97012 Over 3 months-6 months 97063 Over 6 months-1 year 97098 Over 1 year 97128 Total o f all maturities 97144 Capital assets and liabilities 97179 TOTAL (for arithm etic check purposes only) 99929 Remarks: (attach additional sheets if necessary) Name and title of signing officer (please type or print) Signature Area code, telephone number, and extension FC-2a Page 4 o f 4 * * M EM O R A N D A Balance S h eet Item s E x ch an g e C o n tra c ts C U R R E N C IE S A ssets C ode Italian lire h eld or o w ed by: O ffices lo c a te d elsew here D e m a n d /S p o t 89508 C ap ital assets an d liabilities 5 89486 T o ta l o f all m a tu ritie s 4 89451 Over 1 y e a r 3 89435 O ver 6 m onths-1 y e a r Position 89389 Over 3 m o n th s-6 m o n th s Sold 89338 Over 1 m o n th -3 m o n th s 2 B ought H edged O ffBalanceS h eet Item s 6 89303 3 days-1 m o n th 1 L iabilities N et Overall 89524 Ja p a n e se y e n h e ld o r o w ed b y : O ffices lo c a te d in Ja p a n D e m a n d /S p o t 90808 3 days-1 m o n th 90824 O ver 1 m o n th -3 m o n th s 90875 Over 3 m o n th s-6 m o n th s 90913 Over 6 m o nths-1 y e a r 90948 Over 1 y e a r 90964 T o ta l o f all m a tu ritie s 90999 C apital assets an d liabilities 91014 O ffices lo c a te d elsew here D e m a n d /S p o t 91049 3 days-1 m o n th 91065 O ver 1 m o n th -3 m o n th s 91111 O ver 3 m o n th s-6 m o n th s 91162 O ver 6 m o n th s-1 y e a r 91197 Over 1 y e a r 91227 T o ta l o f all m a tu ritie s 91243 C apital assets a n d liabilities 91278 Swiss fra n cs h e ld o r o w ed b y: O ffices lo c a te d in Sw itzerland D e m a n d /S p o t 92592 3 days-1 m o n th 92614 O ver 1 m o n th -3 m o n th s 92665 O ver 3 m o n th -6 m o n th s 92711 Over 6 m o n th s-1 y e a r 92746 Over 1 y e a r 92762 T o ta l o f all m a tu ritie s 92797 C ap ital assets a n d liabilities 92827 O ffices lo c a te d elsew here D e m a n d /S p o t 92843 3 days-1 m o n th 92878 Over 1 m o n th -3 m o n th s 92916 Over 3 m o n th s-6 m o n th s 92967 Over 6 m onths-1 y e a r 92983 Over 1 y e a r 93009 T o ta l o f all m a tu ritie s 93025 C ap ital assets an d liabilities 93041 T O T A L (f o r a rith m e tic check p u rp o se s o n ly ) ": 93076 FC-2a Page 3 of 4 International Capital Forms DEPARTMENT OF THE TREASURY Office of the Assistant Secretary for International Affairs Forms Approved OMB Nos. 1505-0019; 1505-0018; 1505-0017; 1505-0016; 1505-0020 Ex 4/30/02 _____ GENERAL INSTRUCTIONS AND DEFINITIONS FOR THE PREPARATION OF REPORTS ON THE TREASURY INTERNATIONAL CAPITAL BANKING FORMS A. INTRODUCTION The purpose of the Treasury International Capital Forms is to gather tim ely and reliable information on international capital movements. The report form s filed by banKs, banking institutions (including bank holding companies), brokers and dealers (Forms BL-1, BL-2, BC, BQ-1, BQ-2 and Supplements to Forms BL-1, BL-2 and BC) are designed to obtain data on the foreign liabilities and claims o f banks, banking institutions, brokers and dealers for their ow n account; data on the liabilities of banks, banking institutions, brokers and dealers as custodians for foreign-owned assets held in the United States; and data on the claims of dom estic custom ers of banks, banking institutions, brokers and dealers on "foreigners" as shown in the records of the banks, banking institutions, brokers and dealers. The data are required to m eet the needs of the U.S. Government for the form ulation of international monetary and financial policies and for com putation of the balance of payments of the United States. The reports are required by law (12 U.S.C 95a; 22 U.S.C. 286f; 22 U.S.C. 3103; E O. 6560; E .0 .10033; 31 C.FR. 128). Failure to report can result in a civil penalty not exceeding 810,000 (22 U.S.C. 3105). W illful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000, or, if a natural person, imprisonm ent for not more than ten years, or both Any officer director, or agent of any corporation w ho knowingly participates in such violation may be punished by a like fine, imprisonm ent, or both (12 U.S.C. 95a; 31 C R R. 128.4(a)). Data reported on these form s w ill be held in confidence by the Departm ent of the Treasury and the Federal Reserve Banks acting as fiscal agents of the Treasury. The data reported by individual respondents w ill not be published or otherwise publicly disclosed. Aggregate data derived from reports on this form may be published or otherwise disclosed in a manner w hich w ill not reveal the amounts reported by any individual respondent. Data reported by individual respondents may be made available to other Federal agencies, insofar as authorized by the Federal Reports A ct (44 U.S C. 3501 e t seq.) and the International Investm ent Survey A ct o f 1976 (22 U.S.C. 3101 et seq.). B. W HO M U S T REPORT All banks, banking institutions (including bank holding companies) in the United States, including the branches, agencies, subsidiaries, and other affiliates located in the United States of foreign banks and banking institutions and all brokers and dealers in the United States, w ho for their own account or for the account of others have liabilities to, or claims on, "foreigners," as defined in the instructions for the Treasury International Capital Forms, are required to report the liabilities and claims on the appropriate forms, unless the amounts fall below the exemption level specified on the forms / C. FILING OF REPORTS Reports on the Treasury International Capital Forms should be subm itted w ithin the tim e lim its specified on the forms Reports of any bank or banking institution should include its branches in the United States and should be filed w ith the Federal Reserve Bank of the district in w hich the bank or banking institution is located Reports of any Edge Act or A greem ent subsidiary engaged in banking should be filed separately w ith the Federal Reserve Bank of the district in w hich the Edge Act or A greem ent subsidiary is located Reports of any dom estic branch of any Edge Act or Agreem ent Corporation engaged in banking should be filed separately w ith the Federal Reserve Bank of the district in which the branch is located. Reports of any bank holding company should include its financing and nonbanking subsidiaries and should be filed separately w ith the Federal Reserve Bank of the district in w hich the holding company is located. Reports by brokers and dealers should be filed w ith the Federal Reserve Bank of N ew York. Reports should be mailed to: International Reports Division Statistics Department Federal Reserve Bank of N ew York 33 Liberty Street N ew York, N ew York 10045 D. DEFINITIONS 1. "United States." For purposes of these reports, the term "United States" shall mean the States of the United States, the District of Columbia, the Com m onwealth of Puerto Rico, and the follow ing: American Samoa, Guam, M idw ay Island, the Virgin Islands, and Wake Island 2. "Person." For purposes o f these reports, "person" shall include an individual, partnership, association, corporation or other organization 3. "Foreigner." For purposes of these reports, "foreigner" shall include: (a) any individual, including a citizen of the United States, residing outside the United States. NOTE: U S nationals w ith overseas U S Government mailing addresses (U.S. Embassies and Consulates, and APO and FPO addresses) are considered to be U.S persons fo r purposes of these reports. (b) any partnership, association, corporation or other organization created or organized under the laws of a foreign country, excepting branches and agencies thereof located in the United States. (c) any branch, subsidiary or other allied organization w ithin a foreign country of a partnership, association, corporation or other organization created or organized under the laws of a foreign country or of the United States. Thus, for example, branches of American banks (including your ow n branches) located in foreign countries should be considered as "foreigners" and the branches, subsidiaries, and agencies located in the United States of foreign banks should consider their head offices and branches of such head offices outside the United States as "foreigners." (d) any governm ent of a foreign country and any subdivision, agency or instrum entality thereof, including all "foreign official institutions," even though located in the United States. (See definition in subsection 4 below.) (e) any official international or regional organization, or subordinate or affiliated agency thereof, created by treaty or convention betw een sovereign states, even though located in the United States; and any private relief, philanthropic or other organization of an international or regional character w ith headquarters abroad and w ith a m em bership of organizations from more than one country. 2 (f) persons in the United States (with the exception of persons required to report on this and other Treasury International Capital Forms) to the extent that they are acting on behalf of, for the account of, or for the benefit of "foreigners" as described in (a) through (e) above. Thus, for example, liabilities arising from balances known to be held by persons in the United States for the benefit of "foreigners" should be included in this report as if such liabilities w ere directly due to the "foreigners" fo r w hom they are held. (In case of doubt in a particular case as to w he th e r a second institution is required to report on the Treasury International Capital Forms, consult the Federal Reserve Bank of the district in w hich you are located.) "Foreign official institution." For purposes of these reports, the term "foreign official institution" shall include central governm ents of foreign countries and of their possessions and recognized central banks of issue. The Treasury Departm ent has prepared a list of "foreign official institutions" available from the Federal Reserve Bank o f the district in w hich you are located if you are a bank or banking institution. Nonbank firm s may request the list from the Federal Reserve Bank of N ew York. The term "foreign official institution" shall include the follow ing: (a) the treasuries, including m inistries of finance, or corresponding departm ents o f national governm ents; central banks, including all departm ents thereof; stabilization funds, including official exchange control offices, or other governmental exchange authorities; and fiscal agents o f the national governm ents w hich have as an im portant part of their functions, activities similar to those of a treasury, central bank or stabilization fund. EXCEPTION: branches or agencies in the United States of "foreign official banking institutions" shall be considered "d o m e stic" institutions fo r purposes o f these reports. (b) diplom atic and consular establishm ents and other departm ents and agencies of national governments. (c) any international or regional organizatioa or subordinate or affiliated agency thereof, created by treaty or convention betw een sovereign states. The term "foreign official institution," however, shall not include the follow ing: (a) nationalized or other governm ent-ow ned banks or corporations. (Nationalized or other governm ent-ow ned banks should be regarded as "foreign banks," unless such banks otherw ise fall w ithin one of the descriptive categories set forth in subsection 4(a) above. Nationalized or other governm ent-ow ned corporations should be included in the category "all other foreigners" w hen reporting liabilities, unless such corporations otherw ise fall w ithin one o f the descriptive categories set forth in subsection 4(a) above, and in "foreign public borrow ers" w hen reporting claims (see D.5 below).) (b) personal accounts o f foreign diplomatic and other official representatives o f foreign countries. (Such accounts are to be reported under "all other foreigners.1 ') "Foreign public b o rro w e r" For the purposes of reporting claims on "foreigners", the term "foreign public borrow er" shall mean central governm ents and departm ents of central governm ents of foreign countries and o f their possessions; foreign central banks, stabilization funds, and exchange authorities; corporations and other agencies of central governments, including developm ent banks, developm ent institutions, and other agencies w hich are m ajority-owned by the central governm ent or its departm ents; State, provincial and local governm ents o f foreign countries and their departm ents and agencies; and any international or regional organization or subordinate or affiliated agency thereof, created by treaty or convention betw een sovereign states. "Foreign bank." For purposes of these reports, the term "foreign bank" shall include com m ercial banks, savings banks, discount houses and other similar "fo reig n " institutions accepting deposits, w hich are not included under "foreign official institutions." Nationalized and other banking institutions owned by central governm ents should be regarded as "foreign banks" unless such banks otherw ise fall w ithin one o f the descriptive categories set forth in subsection 4(a) above. "O w n foreign offices." For purposes of these reports, the term "o w n foreign offices" shall mean: (a) for U.S. banks: their foreign branches and their significant majority-owned foreign subsidiaries — i.e., all foreign subsidiaries w hich are consolidated in the "Consolidated Report of Condition (Including Dom estic and Foreign Subsidiaries)" filed w ith the bank regulatory agencies; 3 (b) for agencies, branches and majority-owned subsidiaries o f foreign banks: their "directly related" foreign institutions — i.e., (1) their head office or parent(s); (2) a foreign institution of w hich their head office or parent(s) is a w holly-owned subsidiary; and (3) foreign branches, agencies and w holly-owned subsidiaries of institutions included in (1) and/or (2) above and/or of the reporting institution itself 8 "Bank's ow n liabilities." For purposes of these reports, the term "bank's ow n liabilities" shall mean demand, tim e and savings deposits, and other liabilities of the reporting bank payable in dollars or in foreign currency to "foreigners," excluding capital account items. 9. "Selected liabilities of broker or dealer." For purposes of these reports, the term "selected liabilities of broker or dealer" should include borrowings of Federal funds from "foreigners," borrow ings in dollars or in foreign currencies through the sale of securities to "foreigners" under repurchase agreements, and all other types of borrow ings Exclude money balances due to "foreigners" in brokerage accounts. 10. "Custody liabilities " For purposes of these reports, the term "custody liabilities” shall mean financial claims on persons in the United States, other than long-term securities, held by or through the reporting bank, banking institution, broker or dealer, payable in dollars, for the account of "foreigners." 11. "Bank's ow n claim s." For purposes of these reports, the term "bank's ow n claims" shall mean assets owned by reporting banks and banking institutions (including bank holding companies) w hich represent claims on "foreigners." 12 "Selected claims of broker or dealer." For purposes of these reports, the term "selected claims of broker or dealer" shall include assets owned by reporting brokers or dealers w hich represent claims on "foreigners," such as loans to "foreigners" under repurchase agreements, holdings for ow n account of commercial paper issued by "fo reig n " entities and certificates o f deposit issued by banks abroad Exclude long-term securities and money balances due from "foreigners" in brokerage accounts. 13. "Claims of dom estic custom ers." For purposes of these reports, the term "claim s of dom estic custom ers" shall mean assets owned by custom ers of the reporting bank, banking institution, broker or dealer, located in the United States (including correspondent banks in the United States) w hich represent claims on "foreigners" held here or abroad by the reporter for the account of its dom estic custom ers. 14 15. E. "'L o n g -te rm ' securities " "Long-term " securities are defined as those having no contractual m aturity stocks) or a m aturity of more than one year from the date of issuance. "S hort-term ." For purposes of these reports, the term "sh o rt-te rm " (applied to obligations Treasury, of U.S. Government corporations and Federally-sponsored agencies, and of municipalities) shall mean having a m aturity of one year or less from the date o f issuance. (e.g. of the U.S. States and METHOD OF REPORTING OPPOSITE FOREIGN COUNTRIES A N D INTERNATIONAL A N D REGIONAL ORGANIZATIONS In general, liabilities to, and claims on, "foreigners" should be reported opposite the foreign country or geographical area in w hich the "foreigner" resides. Liabilities to, and claims on, "foreigners" in territories, possessions and other nonm etropolitan areas o f a foreign country should be reported opposite the geographical area in w hich the "foreigner" resides, and not opposite the parent country. For example, liabilities to "foreigners" in the British W est Indies should be reported opposite the British W est Indies and not opposite the United Kingdom. Liabilities to, and claims on, foreign branches or agencies of a "foreign official institution" should be reported opposite the country to w hich the "official institution" belongs if the branches are not them selves acting as "official institutions" fo r the countries in w hich they are located. For example, a deposit held fo r the'Netherlands Embassy in Santiago, Chile, should be reported opposite the Netherlands, and not opposite Chile. Also, liabilities to, and claims on, a United States branch or agency of a "foreign official institution" should be reported opposite the country to w hich the "official institution" belongs. (EXCEPTIONS: branches and agencies in the United States of "foreign official banking institutions" shall be considered "d o m e stic" institutions.) Liabilities to, and claims on, a "foreign official institution's" branch w hich is acting as an "official institution" fo r the country in w hich it (the branch) is located, should be reported opposite that country, w hile liabilities to, and claims on, its head office in another country should be reported opposite the country in w hich such head office is located. 4 Liabilities to, and claims on, foreign branches or agencies of foreign banks (excluding central banks) and other private institutions should be reported opposite the country in which the foreign branch or agency is located. For example, a deposit held fo r the Sydney, Australia, branch of the Com ptoir National d'Escom pte de Paris, S.A., should be reported opposite Australia, and not opposite France. Liabilities to, and claims on, international and regional organizations, even though located in the United States, should be reported opposite the classification "International," "European," "Latin Am erican," "Asian," "African," or "M iddle Eastern" regional, as appropriate. The regional classifications cover organizations w hich have a regional center of interest. The "International" classification covers all other organizations of an international character. EXCEPTIONS: the Bank for International Settlements, the European Fund, the International Bank for Economic Cooperation and the International Investm ent Bank, M oscow fo r purposes of this report, should be reported opposite the classification "O ther Europe." Liabilities arising from balances known to be held by persons in the United States for the benefit of "foreigners" should be reported opposite the countries in w hich the "foreigners" reside. Similarly, claims on persons in the United States w ho are acting on behalf of "foreigners" should be reported opposite the countries in w hich the "foreigners" reside. R ALTERNATIVE M ETHO DS OF REPORTING In lieu of reports on the printed Treasury International Capital Forms, the required data may be reported on: (1) com puter printouts in the same format, signed by a responsible officer of the reporting institution; or (2) punch cards, magnetic tape, or other media that can be processed by data-processing equipm ent, accompanied by a printed copy of the data reported w hich m ust be signed by a responsible o fficer of the reporting institution. The proposed m ethod and form at o f reporting m ust be acceptable to the Federal Reserve Bank of the district in which the report is filed, and m ust be approved in w riting by that bank. 5 International Capital Form BL-1 DEPARTMENT OF THE TREASURY Office of the Assistant Secretary fo r International Affairs Form Approved OMB No. 1505-0019 Ex. 4/30/82 INSTRUCTIONS FOR THE PREPARATION OF MONTHLY FORM BL-1 REPORTING BANK’S OWN LIABILITIES, AND SELECTED LIABILITIES OF BROKER OR DEALER, TO “FOREIGNERS,” PAYABLE IN DOLLARS NOTE: This report should be filed not later than the fifteenth day follow ing the last day o f the month. PART I— GENERAL INSTRUCTIO NS A. INTRODUCTION The purpose o f this report is to gather tim e ly and reliable information on international capital m ovem ents. This report form is designed to obtain data on the liabilities, as defined in these instructions, o f banks, brokers and dealers in the United States fo r their ow n account payable in dollars to "foreigners." A m ounts reported on this form should be on a gross basis, w ith o u t deduction of any offsets. The General Instructions and Definitions fo r the Preparation of Reports on the Treasury International Capital Banking Forms apply to the preparation o f reports on this form , as w ell as the general.and specific instructions below. This report is required by law (12 U.S.C. 95a; 22 U.S.C. 286f; 22 U.S.C. 3103; E.O. 6560; E .0 .10033; 31 C.FR. 128). Failure to report can result in a civil penalty not exceeding $10,000 (22 U.S.C. 3105). W illful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000, or, if a natural person, im prisonm ent fo r not more than ten years, or both. Any officer, director, or agent o f any corporation w ho knowingly participates in such violation may be punished by a like fine, imprisonm ent, or both (12 U.S.C. 95a; 31 C.FR. 128.4(a)). Data reported on this form w ill be held in confidence by the Departm ent of the Treasury and the Federal Reserve Banks acting as fiscal agents of the Treasury. The data reported by individual respondents w ill not be published or otherw ise publicly disclosed. Aggregate data derived from reports on this form may be published or otherwise disclosed in a manner w hich w ill not reveal the am ounts reported by any individual respondent. Data reported by individual respondents may be made available to other Federal agencies, insofar as authorized by the Federal Reports A ct (44 U.S.C. 3501 e ts e q .) and the International Investm ent Survey A ct o f 1976 (22 U.S.C. 3101 etseq.). B. W H O M U S T REPORT All banks and banking institutions (including bank holding companies) in the United States, including the branches, agencies, subsidiaries, and other affiliates located in the United States o f foreign banks and banking institutions, w h o fo r their ow n account have liabilities payable in dollars to "foreigners," as defined in these instructions, are required to report on this form . All brokers and dealers w h o borrow from "foreigners" Federal funds, through the sale o f securities to "foreigners" under repurchase agreements, or through any other means of borrowing are required to report on this form .their liabilities to "foreigners" resulting from such borrowings. C. EXEMPTIONS A bank, banking institution, broker or dealer m ust file a report on Form BL-1 for the first month end on w hich its reportable liabilities to "foreigners" aggregate $2,000,000 or more, and m ust continue to report for the five succeeding months, after w hich the follow ing averaging provision w ill apply. A report as of any one month need not be filed by a bank, banking institution, broker or dealer if the grand total of liabilities payable in dollars to "foreigners" fo r its ow n account averaged less than $2,000,000 in the six months ending w ith and including the reporting date, com puted by averaging the m onthly closing balances Banks or banking institutions having branches in the United States may apply the $2,000,000 exem ption lim it separately to each branch. D. FILING OF REPORTS Reports on this form should be subm itted not later than 15 days follow ing the month to w hich the report applies. Reports of any bank or banking institution should include the reportable liabilities to "foreigners" o f its branches in the United States, and should be filed w ith the Federal Reserve Bank of the district in w hich th e bank or banking institution is located. Reports of any Edge Act or Agreem ent subsidiary engaged in banking should be filed separately w ith the Federal Reserve Bank of the district in w hich the Edge A ct or Agreem ent subsidiary is located Reports of any dom estic branch of any Edge Act or Agreem ent Corporation engaged in banking should be filed w ith the Federal Reserve Bank of the district in w hich trie branch is located Reports of any bank holding company should include the liabilities to "foreigners" of the holding com pany itself and of its financing and nonbanking subsidiaries, and should be filed separately w ith the Federal Reserve Bank of the district in w hich the holding company is located. Reports of any broker or dealer should include the reportable liabilities to "foreigners" o f all its offices in the United States and should be filed w ith the Federal Reserve Bank of N ew York. E. DEFINITIONS The definitions applicable to reporting on Form BL-1 are set forth in the General Instructions and Definitions for the Preparation of Reports on the Treasury International Capital Banking Forms. F EXCLUSIONS The follow ing item s should be excluded from am ounts reported on this form : 1. Capital stock, notes and debentures of the reporting bank held by "foreigners." 2. The permanent capital invested in agencies, branches, subsidiaries and other affiliates in the United States by foreign banks w ith head offices located outside the United States. 3. O ffsets against reportable gross liabilities to "foreigners." 4. Contingent liabilities. 5. Unutilized credits from "foreigners." 6. Credit com m itm ents from "foreigners." 7. Forward exchange contracts. 8. M oney balances due to "foreigners" in brokerage accounts, of brokers and dealers in the United States. o G. REPURCHASE AGREEMENTS The sale of any assets to "foreigners" under agreements to repurchase the assets should be reported as a borrowing from "foreigners" in column 3, 6, or 10, as appropriate NOTE: Foreign loans w hich are sold to "foreigners" under repurchase agreements should continue to be reported on Form BC as loans to the original borrowers Similarly, other assets representing claims on "foreigners" w hich are sold to "foreigners" under repurchase agreements should continue to be reported on Form BC. Long-term securities w hich are sold to "foreigners" under repurchase agreements are not to be reported on Form S as transactions w ith "foreigners " (See Instructions to Form S, Part I, Section F EXCLUSIONS FROM REPORTING) H. TREATMENT OF TRUST ACCOUNTS CREATED IN THE UNITED STATES Trusts created in the United States by foreign insurance companies, by other foreign companies, or by foreign governments, are considered to be "foreign" for purposes of this report. Accordingly, deposit balances held w ith you by dom estic trustees for the account of such trusts should be reported as liabilities to "foreigners." Trusts created in the United States by branches or agencies located in the United States of foreign insurance companies are considered to be dom estic fo r purposes of this report. Deposit balances of such trusts are not reportable on this form . Trusts created in the United States by individual foreigners are not w ithin the scope of this report. Deposit balances of such trusts are not reportable on this form I. TREATMENT OF OFFSETS A N D "EARMARKED FUNDS" The figures reported on this form show the gross of your ow n liabilities payable in dollars to "foreigners." Accordingly, report liabilities regardless of w he th e r or not there are offsets against these liabilities. Deposits held fo r the account of "foreigners" w hich are set aside as margin or security against debts of "foreigners" and w hich w ill be released upon payment of such indebtedness are to be included in the figures reported on this form . For purposes of this report, deposits held by you for the account of "foreigners" w hich are set aside against letters of credit; in anticipation of payment by "foreigners" of outstanding acceptances; for interest, sinking fund and bond redem ption payments; or fo r other similar purposes should also be included in your reported figures. PART II— SPECIFIC IN STR U CTIO NS RELATING TO PARTICULAR C O LUM NS ON FORM BL-1 (See References on Report Forms to Instructions (a) Through (e) Below.) (a) The follow ing are not to be regarded as "foreign countries" fo r purposes of this report: American Samoa, Guam, M idw ay Island, Puerto Rico, the Virgin Islands, and Wake Island. (b) Report demand deposit liabilities to "foreigners," w itho u t the deduction of any offsets Overdrafts the account of "foreigners" should be reported on Form BC (c) in Report under this heading tim e deposits, open account; nonnegotiable tim e certificates of deposit; and savings deposits. Exclude negotiable tim e certificates of deposit issued to "fo reig n e rs;" the aggregate amounts of such certificates issued to "foreigners" and excluded from these colum ns should be reported in the spaces provided at the bottom of this form. NOTE: Negotiable tim e certificates of deposit held in custody fo r the account of "foreigners" should be reported on Form BL-2. 3 (d) Report your ow n liabilities to "foreigners" other than deposits, including Federal funds borrowings, borrowings under repurchase agreements, deferred credits, and other liabilities to "foreigners" in your accounts. The sale to "foreigners" of participations in pools of loans, in w hich the term s o f the participation are diffe re n t from the term s of the loans, should be included. (e) U.S. Banks: Report am ounts due to your ow n foreign branches and your significant majority-owned foreign subsidiaries — i.e.. all foreign subsidiaries w hich are consolidated in your "Consolidated Report of Condition (Including Dom estic and Foreign Subsidiaries)" filed w ith the bank regulatory agencies. Agencies, branches and majority-owned subsidiaries of foreign banks: Report am ounts due to your "directly related" foreign institutions — i.e., (1) your head office or parent(s); (2) a foreign institution of w hich your head office or parent is a wholly-owned subsidiary; and (3) foreign branches, agencies and wholly-owned subsidiaries o f institutions included in (1) and/or (2) above and/or of the reporting institution itself. 4 International Capital Form BL-2 DEPARTMENT OF THE TREASURY Office of the Assistant Secretary fo r International Affairs Form Approved OMB No. 1505-0018 Ex 4/30/82 INSTRUCTIONS FOR THE PREPARATION OF MONTHLY FORM BL-2 CUSTODY LIABILITIES OF REPORTING BANKS, BROKERS AND DEALERS TO “FOREIGNERS,” PAYABLE IN DOLLARS NOTE: This report should be filed not later than the fifteenth day follow ing the last day o f the month. PART I— GENERAL INSTRUCTIO NS INTRODUCTION The purpose of this report is to gather tim e ly and reliable information on international capital m ovem ents. This report form is designed to obtain data on custody liabilities, as defined in these instructions, payable in dollars to "foreigners" w hich represent claims, acquired either here or abroad, on persons in the United States, including the United States Governm ent and State and municipal governm ents, insofar as data on these liabilities may be obtained from the records of reporting banks and banking institutions (including bank holding companies) and brokers and dealers. A m ounts reported on this form should be on a gross basis, w ith o u t deductions of any offsets. The General Instructions and Definitions fo r the Preparation of Reports on the Treasury International Capital Banking Forms apply to the preparation of reports on this form , as w ell as the general and specific instructions below. This report is required by law (12 U.S.C. 95a; 22 U.S.C. 286f; 22 U.S.C. 3103; E.O. 6560; E.O. 10033; 31 C.FR. 128). Failure to report can result in a civil penalty not exceeding $10,000 (22 U.S.C. 3105). W illful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000, or, if a natural person, im prisonm ent fo r not more than ten years, or both. A ny officer, director, or agent o f any corporation w ho knowingly participates in such violation may be punished by a like fine, imprisonm ent, or both (12 U.S.C. 95a; 31 C.F.R. 128.4(a)). Data reported on this form w ill be held in confidence by the D epartm ent of the Treasury and the Federal Reserve Banks acting as fiscal agents o f the Treasury. The data reported by individual respondents w ill not be published or otherw ise publicly disclosed. Aggregate data derived from reports on this form may be published or otherwise disclosed in a manner w hich w ill not reveal the am ounts reported by any individual respondent. Data reported by individual respondents may be made avilable to other Federal agencies insofar as authorized by the Federal Reports Act (44 U.S.C. 3501 e t seq.) and the International Investment Act of 1976 (22 U.S.C. 3101 e t seq.). B. W HO M U S T REPORT All banks and banking institutions (including bank holding companies) in the United States, including the branches, agencies, subsidiaries, and other affiliates located in the United States of foreign banks and banking institutions, and all brokers and dealers in the United States, w ho for their account or fo r the account o f others have "custody" liabilities payable in dollars to "foreigners" as defined in these instructions, are required to report on this form. Reporting institutions are required to report all financial claims on persons in the United States, other than "long te rm " securities, w hich they hold fo r "foreigners" either in direct custody or in their ow n name w ith a custodian bank or other institution. If the reporting institution is used by "foreigners" as their U.S. address in connection w ith their financial transactions w ith persons in the United States, the reporting institution m ust report claims on persons in the United States w hich result from such transactions as if such claims w ere in the reporter's custody, or m ust inform the U.S. persons against w hom the claims are held that they are ow ned by "foreigners," identifying the countries and the amounts relevant to each. C. EXEMPTIONS A bank, banking institution, broker or dealer m ust file a report on Form BL-2 fo r the first month end on w hich its reportable "custody" liabilities to "foreigners" aggregate $2,000,000 or more, and m ust continue to report for the five succeeding months, after w hich the follow ing averaging provision w ill apply. A report as of any one month need not be filed by a bank, banking institution, broker or dealer if the grand total of "custody" liabilities payable in dollars to "foreigners" averaged less than $2,000,000 in the six m onths ending w ith and including the reporting date, com puted by averaging the m onthly closing balances. Banks or banking institutions having branches in the United States may apply the $2,000,000 exem ption lim it separately to each branch. D. FILING OF REPORTS A report on this form should be subm itted not later than 15 days follow ing the m onth to w hich the report applies. Reports of any bank or banking institution should include the reportable "cu sto d y" liabilities to "foreigners" o f its branches in the United States, and should be filed w ith the Federal Reserve Bank o f the district in w hich the bank or banking institution is located. Reports o f any Edge A ct or Agreem ent subsidiary engaged in banking should be filed separately w ith th e Federal Reserve Bank of the district in w hich the Edge A ct or A greem ent subsidiary is located. Reports of any dom estic branch of any Edge A ct or A greem ent Corporation engaged in banking should be filed separately w ith the Federal Reserve Bank o f the district in w hich the branch is located. Reports of any bank holding company should include the "custody" liabilities to "foreigners" of the holding company itself and o f its financing and nonbanking subsidiaries, and should be filed separately w ith the Federal Reserve Bank of the district in w hich the holding company is located. Reports of any broker or dealer should include the reportable "custody" liabilities to "foreigners" o f all its offices in the United States and should be filed w ith the Federal Reserve Bank o f N ew York. E. DEFINITIONS The definitions applicable to reporting on Form BL-2 are set forth in the General Instructions and D efinitions fo r the Preparation o f Reports on the Treasury International Capital Banking Forms. NOTE: For purposes of reporting on this form , however, "foreign banks" includes "o w n foreign offices." F EXCLUSIONS The follow ing should be excluded from am ounts reported on this form : 1. "Long-term " securities of public and private issuers in the United States. 2. "S hort-" or "long-term " securities or other assets held in custody fo r "foreigners" w hich have been sold and w ill be reacquired under repurchase agreem ents undertaken by you or by other banks, banking institutions, brokers or dealers in the United States. (Borrowing under such agreem ents is reportable as a liability on Form BL-1.) 3. Gold, silver and currency w hich you hold in your vaults for foreign account. 2 G. TREATMENT OF TRUST ACCOUNTS CREATED IN THE UNITED STATES Trusts created in the United States by foreign insurance companies, by other foreign companies, or by foreign governments, are considered to be "foreign" for purposes of this report Accordingly, assets held w ith you by dom estic trustees for the account of such trusts should be reported as "custody" liabilities to "foreigners." Trusts created in the United States by branches or agencies located in the United States of foreign insurance companies are considered to be dom estic for purposes of this report. Assets held for such trusts are not reportable on this form Trusts created in the United States by individual "foreigners" are not w ithin the scope of this report Assets held for such trusts are not reportable on this form H. TREATMENT OF OFFSETS A ND "EARMARKED FUNDS" The figures reported on this form should show the gross of your "custody" liabilities payable in dollars to "foreigners." Accordingly, report "custody" liabilities regardless of w he th e r or not there are offsets against these liabilities. Assets held for the account of "foreigners" w hich are set aside as margin or security against debts of "foreigners" and w hich w ill be released upon payment of such indebtedness are to be included in the figures reported on this form For purposes of this report, assets held by you for the account of "foreigners" which are set aside against letters of credit; in anticipation of payment by "foreigners" of outstanding acceptances; or for other similar purposes should also be included in your reported figures. P A R T II— S P E C IF IC IN S T R U C T IO N S R E L A T IN G T O P A R T IC U L A R C O L U M N S O N F O R M BL-2 (SEE REFERENCES ON REPORT FORMS TO INSTRUCTIONS (a) THROUGH (e) BELOW.) (a) The follow ing are not to be regarded as "foreign countries" for purposes of this report: American Samoa, Guam, M idw ay Island, Puerto Rico, the Virgin Islands and Wake Island (b) Report holdings of "sh o rt-te rm " United States Treasury obligations for the account of "foreigners," at face value. Do not include such obligations held for foreign account under repurchase agreements. (c) Report the am ount of negotiable and readily transferable instrum ents held for the account of "foreigners" w hich represent claims, acquired either here or abroad, on persons in the United States, except for "long-term " (original m aturity o f more than one year) securities— /. e.. stocks and "long-term " notes, bonds and debentures o f public and private issuers in the United States. Include negotiable certificates of deposit w he th e r issued by you or by other banks in the United States; bankers' acceptances w he th e r created by you or by other banks in the United States; comm ercial paper issued by financial and nonfinancial business concerns in the United States; and "sh o rt-te rm " (original m aturity of one year or less) obligations of U S Government corporations and Federally-sponsored agencies and of States and local governments. Do not include bills drawn by "foreigners" and accepted by you, unless you are holding them fo r the account of "foreigners." Do not include "sh o rt-te rm " securities held for foreign account under repurchase agreements. (d) Report all other item s held for the account of "foreigners" w hich represent claims on persons in the United States, except for "long-term " securities (see preceding paragraph). Include, fo r example, participations granted to "foreigners" in loans to dom estic custom ers, and bills held for collection for foreign custom ers. (e) Report as a m em orandum item the am ount of negotiable certificates of deposit held in custody for "foreigners" w h e th e r issued by you or by other banks in the United States, including U S offices of foreign banks 3 International Capital Form BC DEPARTMENT OF THE TREASURY Office of the Assistant Secretary for International Affairs Form Approved OMB No. 1505-0017 Ex 4/30/82 INSTRUCTIONS FOR THE PREPARATION OF MONTHLY FORM BC REPORTING BANK’S OWN CLAIMS, AND SELECTED CLAIMS OF BROKER OR DEALER, ON “FOREIGNERS,” PAYABLE IN DOLLARS NOTE: This report should be filed not later than the fifteenth day follow ing the last day o f the m onth PART I— GENERAL INSTRUCTIO NS A. INTRODUCTION The purpose of this report is to gather tim ely and reliable information on international capital m ovem ents. This report form is designed to obtain data on those assets owned by reporting banks, banking institutions (including bank holding companies), brokers and dealers w hich represent claims, as defined in these instructions, on "foreigners" payable in dollars, acquired or held either here or abroad. A m ounts reported on this form should be on a gross basis, w itho u t deduction of any offsets. It should be noted that the reports do not constitute a registry o f claims against "foreigners " The General Instructions and Definitions for the Preparation of Reports on the Treasury International Capital Banking Forms apply to the preparation of reports on this form , as w ell as the general and specific instructions below. This report is required by law (12 U S C. 95a; 22 U.S.C 286f; 22 U S C 3103; E.O. 6560; E.O. 10033; 31 C.FR. 128). Failure to report can result in a civil penalty not exceeding 810,000 (22 U.S.C. 3105). W illful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000, or, if a natural person, im prisonm ent for not more than ten years, or both Any officer, director, or agent of any corporation w ho knowingly participates in such violation may be punished by a like fine, im prisonm ent, or both (12 U.S.C. 95a; 31 C.F.R. 128.4(a)) Data reported on this form w ill be held in confidence by the Departm ent of the Treasury and the Federal Reserve Banks acting as fiscal agents of the Treasury. The data reported by individual respondents w ill not be published or otherwise publicly disclosed Aggregate data derived from reports on this form may be published or otherwise disclosed in a manner w hich w ill not reveal the am ounts reported by any individual respondent. Data reported by individual respondents may be made available to other Federal agencies, insofar as authorized by the Federal Reports Act (44 U S C 3501 et s e q ) and the International Investm ent Survey Act of 1976 (22 U.S.C. 3101 e ts e q ). B. W HO M U S T REPORT All banks and banking institutions (including bank holding companies) in the United States, including the branches, agencies, subsidiaries, and other affiliates located in the United States of foreign banks and banking institutions and all brokers and dealers in the United States w ho for their ow n account have claims on "foreigners" payable in dollars, as defined in these instructions, are required to report on this form. c . EXEMPTIONS A bank, banking institution, broker or dealer m ust file a report on Form BC for the first month-end on w hich its reportable claims on "foreigners" aggregate $2,000,000 or more, and m ust continue to report for the five succeeding months, after w hich the follow ing averaging provision w ill apply. A report as of any one month need not be filed by a bank, banking institution, broker or dealer if t'r e giand total of its claims on "foreigners" payable in dollars averaged less than $2,000,000 in the six m onths ending w ith and including the reporting date, com puted by averaging the m onthly closing balances. Banks or banking institutions having branches in the United States may apply the $2,000,000 exem ption lim it separately to each branch. D. FILING OF REPORTS Reports on this form should be subm itted not later than 15 days follow ing the month to w hich the report applies. Reports of any bank or banking institution should include the reportable claims on "foreigners" of its branches in the United States, and should be filed w ith the Federal Reserve Bank of the district in w hich the bank or banking institution is located. Reports of any Edge Act or Agreem ent subsidiary engaged in banking should be filed separately w ith the Federal Reserve Bank of the district in w hich the Edge A ct or Agreem ent subsidiary is located. Reports of any dom estic branch of any Edge Act or A greem ent Corporation engaged in banking should be filed separately w ith the Federal Reserve Bank of the district in w hich the branch is located. Reports of any bank holding company should include the claims on "foreigners" of the holding company itself and of its financing and nonbanking subsidiaries, and should be filed separately w ith the Federal Reserve Bank of the district in w hich the holding company is located. Reports of any broker or dealer should include the reportable claims on "foreigners" of all its offices in the United States and should be filed w ith the Federal Reserve Bank of N ew York. E. DEFINITIONS The definitions applicable to reporting on Form BC are set forth in the General Instructions and Definitions for the Preparation of Reports on the Treasury International Capital Banking Forms. F . EXCLUSIONS The follow ing should be excluded from amounts reported on this form : 1. "Long-term " securities of foreign issuers. 2. The permanent capital invested in agencies, branches, subsidiaries and other affiliates outside the United States by banks w ith head offices located in the United States 3 O ffsets against reportable gross claims on "foreigners." 4. Contingent claims. 5. Unutilized credits to "foreigners." 6. Credit com m itm ents to "foreigners " 7 Gold, silver or currency in transit to or from the United States or held abroad fo r your account. 8. Forward exchange contracts 9. Money balances due from "foreigners" in brokerage accounts of brokers and dealers in the United States. G. RESALE AGREEMENTS The purchase of any assets from "foreigners" under agreements to resell the assets should be reported as claims on "foreigners" in column 1, 3 or 5, as appropriate NOTE: “ Long-term " securities which are purchased from "foreigners" under resale agreements are not to be reported as transactions w ith "foreigners" on Form S (See Instruction to Form S, Part I, Section F , EXCLUSIONS FROM REPORTING ) 2 H. PARTICIPATION IN POOLS OF LOANS In cases in w hich the instrum ent of participation bears term s (e.g., maturity, interest rate, etc.) that differ from the term s of the loans, the individual loans remain on the books of the issuing bank and should continue to be reported on Form BC if they are loans to "foreigners." The purchase of such participations in pools of loans from "foreigners" is reportable on Form BC as a loan to the issuing foreign bank. Proceeds from the sale of such participations to “ foreigners" are considered to be borrowings and should be reported on Form BL-1 by the issuing bank. In cases in w hich the participation is a pro-rata share of the pooled loans, a sale of the participation is considered to be the sale o f the pooled loans them selves. If the loans sold are loans w hich have been made to "foreigners" the sale reduces the amount of loans reportable on Form BC. Conversely, if you purchase such participation in loans to "foreigners" the participation should be reported on Form BC. I. TREATMENT OF "EARMARKED FUNDS" Deposits and other assets held by "foreign" banks for your account w hich are set aside as margin or security against debts to "foreigners" and w hich w ill be released upon payment o f such indebtedness are to be included in the figures reported on this form . For purposes of this report, deposits and other assets deposited abroad w hich are set aside against letters of credit; fo r interest payments on "foreign-held" American securities, sinking fund and bond redemption payments (whether held in trust or otherwise); or fo r other similar purposes should also be included in your reported figures. J. OFFSETS, RESERVES A N D WRITE-OFFS The figures reported on this form should show the gross of the indebtedness of "foreigners" to you. Accordingly, report claims regardless of w he th e r or not there are offsets against these claims. Do not deduct any reserves w hich you may have established against slow or doubtful items. W hen an asset has been w ritte n off, partially or entirely, as w orthless, the amount that has been w ritte n off should no longer be included on this form . A m ounts so excluded from this report because of a w rite -o ff should be summarized by country and column in a statem ent attached to the report fo r the period in w hich the w rite -o ff w as made. PART II— SPECIFIC INSTRUCTIO NS RELATING TO PARTICULAR C O LU M N S O N FORM BC (See References on Report Form to Instructions (a) Through (d) Below.) (a) The follow ing are not to be regarded as "foreign countries" for purposes of this report: American Samoa, Guam, M idw ay Island, Puerto Rico, the Virgin Islands, and Wake Island. (b) Report w ith respect to "Foreign public borrowers" (column 1), "Unaffiliated foreign banks" (column 3), and "All other foreigners" (column 5), the gross outstanding am ount of dollar loans, advances and overdrafts w hich you have actually granted to "foreigners"; the outstanding am ounts o f participations you have purchased in loans o f the Export-lm port Bank of W ashington and o f international and regional lending institutions, w ith or w ith o u t the guaranty of the leading institutions; the liability of "foreigners" to you on acceptances made fo r their benefit— i.e., on drafts accepted by you payable by such "foreigners"; item s in process of collection for your account; and all other dollar assets ow ned by you w hich represent claims on "foreigners." Include advances to "foreigners" under resale agreem ents (but do not include securities w hich you have acquired under such agreem ents w hich you w ill sell back to "foreigners"). Include am ounts represented by advices of intent to honor drafts drawn by foreign banks under deferred paym ent letters o f credit (other than those in favor of the C om m odity Credit Corporation or other governm ent agency). Include refinance acceptances drawn and presented by any agency or branch o f a foreign bank acting as agent fo r its foreign head office or foreign branches o f its head office. 3 Include acceptances created by or on behalf of your foreign branches for the benefit o f "foreigners" if such acceptances are endorsed or guaranteed by the U.S. parent bank or a dom estic subsidiary of the parent bank Include the gross am ount of overdrafts actually outstanding on the last business day o f the month, according to type of debtor. Do not reduce the amount of overdrafts outstanding by the am ount of Federal funds received by your bank on the first business day of the follow ing month, even if such receipts are back valued in your accounts. Do not include unutilized credits, even if such credits represent firm com m itm ents; or the liability of "foreigners" on acceptances made for their account by other banks in the United States even if such acceptances are held by you. (c) Report the gross am ount o f demand and tim e balances on deposit w ith banks located outside the United States, other than your ow n foreign offices. Include balances w ith foreign branches of other U.S. banks and certificates of deposit held in your ow n name fo r your accounts by banks abroad. Include negotiable receipts issued and purchased in the United States, but representing funds on deposit in foreign banks, including the foreign branches of U.S. banks. Exclude certificates o f deposit held abroad through other banks in the United States. (Overdrafts in your demand balances w ith foreign banks should be reported in column 6 of Form BL-1 as a liability to "foreigners.") (d) U.S. Banks: Report am ounts due from your ow n foreign branches and your significant m ajority-owned foreign subsidiaries — i.e., all foreign subsidiaries w hich are consolidated in your "Consolidated Report of Condition (Including D om estic and Foreign Subsidiaries)" filed w ith the bank regulatory agencies. Agencies, branches and m ajority-owned subsidiaries o f foreign banks: Report am ounts due from your "directly related" foreign institutions— i.e., (1) your head office or parent(s); (2) a foreign institution of w hich your head office or parent(s) is a wholly-owned subsidiary; and (3) foreign branches, agencies and w holly-ow ned subsidiaries of institutions included in (1) and/or (2) above and/or of the reporting institution itself. 4 International Capital Form BQ-1 DEPARTMENT OF THE TREASURY O ffice of the Assistant Secretary for International Affairs Form Approved OMB No 1505-0016 Ex 4/30/82 INSTRUCTIONS FOR THE PREPARATION OF QUARTERLY FORM BQ-1 PART 1.— REPORTING BANK’S OWN CLAIMS, AND SELECTED CLAIMS OF BROKER OR DEALER, ON “FOREIGNERS”; PART 2.— DOMESTIC CUSTOMERS’ CLAIMS ON “FOREIGNERS” HELD BY REPORTING BANK, BROKER OR DEALER, PAYABLE IN DOLLARS NOTE: This report should be filed not later than the tw entieth day follow ing the last day o f the quarter. PART I—GENERAL INSTRUCTIONS A. INTRODUCTION The purpose of this report is to gather tim ely and reliable information on international capital movem ents. This report form is designed to obtain data on those assets owned by reporting banks, banking institutions (including bank holding companies), brokers and dealers and their dom estic custom ers w hich represent claims, as defined in these instructions, on "foreigners" payable in dollars, acquired or held either here or abroad, insofar as data on these claims may be obtained from the records of reporting banks, banking institutions, brokers and dealers A m ounts reported on this form should be on a gross basis, w ith o u t deductions of any offsets. It should be noted that the reports do not constitute a registry of claims against "foreigners." The General Instructions and Definitions fo r the Preparation of Reports on the Treasury International Capital Banking Forms apply to the preparation of reports on this form, as w ell as the general and specific instructions below. This report is required by law (12 U S.C 95a; 22 U S C 286f; 22 U S C 3103; E.O. 6560; E.O. 10033; 31 C.F.R. 128) Failure to report can result in a civil penalty not exceeding $10,000 (22 U.S.C. 3105) W illful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000. or, if a natural person, im prisonm ent for not more than ten years, or both Any officer, director, or agent of any corporation w ho knowingly participates in such violation may be punished by a like fine, imprisonm ent, or both (12 U.S.C. 95a; 31 C FR 128.4(a)). Data reported on this form w ill be held in confidence by the Department of the Treasury and the Federal Reserve Banks acting as fiscal agents of the Treasury. The data reported by individual respondents w ill not be published or otherw ise publicly disclosed. Aggregate data derived from reports on this form may be published or otherwise disclosed in a manner w hich w ill not reveal the amounts reported by any individual respondent. Data reported by individual respondents may be made available to other Federal agencies, insofar as authorized by the Federal Reports Act (44 U S C 3501 e ts e q i and the International Investm ent Survey Act of 1976 (22 U S C 3101 et s e q ) B. W HO M U S T REPORT All banks and banking institutions (including bank holding companies) in the United States, including the branches, agencies, subsidiaries and other affiliates located in the United States of foreign banks and banking institutions w ho, for their ow n account or for the account of their dom estic custom ers, have claims on "foreigners" payable in dollars as defined in these instructions are required to report on this form. All brokers and dealers in the United States, w ho for their ow n account or for the account of their dom estic customers, have claims on "foreigners" payable in dollars (e.g., certificates of deposit or negotiable and readily marketable instruments) as defined in these instructions are required to report on this form. C. EXEMPTIONS 1 A report on Part 1 of this form w ith respect to own claims on "foreigners” payable in dollars need not be filed as of any quarter-end by a bank, banking institution, broker or dealer w ho was not required to report on Form BC as of the same quarter-end month. 2 A report on Part 2 of this form m ust be filed by a bank, banking institution, broker or dealer for the first quarterend on w hich its claims on "foreigners" payable in dollars held for dom estic custom ers aggregate $2,000,000 or more, and for the succeeding quarter-end, after w hich the follow ing averaging provisions w ill apply: A report on Part 2 of this form need not be filed as of any quarter-end by any bank, banking institution, broker or dealer otherwise required to report, if the grand total of its claims on "foreigners" payable in dollars on behalf of dom estic custom ers averaged less than $2,000,000 as of the report date and the preceding quarter-end, computed by averaging the reportable claims outstanding as of the ends of the tw o quarters. Reports are required only for that part of the form for w hich the reportable item s exceed the exem ption level. For example, a reporter w ho has claims for its ow n account exceeding the exem ption level but has claims held for dom estic custom ers below the exem ption level is required to report only its ow n claims (Part 1). Similarly, a reporter w ith claims held for dom estic custom ers exceeding the exem ption level, but w hose ow n claims are below the exem ption level, is required to report only claims held for dom estic custom ers (Part 2). D. FILING OF REPORTS Reports on this form should be subm itted not later than 20 days follow ing the quarter end to w hich the report applies. Reports of any bank or banking institution should include the reportable claims on "foreigners" o f its branches in the United States, and should be filed w ith the Federal Reserve Bank of the district in w hich the bank or banking institution is located. Reports of any Edge Act or Agreem ent subsidiary engaged in banking should be filed separately w ith the Federal Reserve Bank o f the district in w hich the Edge A ct or Agreem ent subsidiary is located. Reports of any dom estic branch o f any Edge Act or A greem ent Corporation engaged in banking should be filed separately w ith the Federal Reserve Bank o f the district in w hich the branch is located. Reports of any bank holding company should include the claims on "foreigners" o f the holding com pany itself and o f its financing and nonbanking subsidiaries, and should be filed separately w ith the Federal Reserve Bank of the district in w hich the holding company is located. Reports o f any broker or dealer should include the reportable claims on "foreigners" o f all its offices in the United States and should be filed w ith the Federal Reserve Bank of N ew York. E. DEFINITIONS The definitions applicable to reporting on Form BQ-1 are set forth in the General Instructions and Definitions fo r the Preparation of Reports on the Treasury International Capital Banking Forms. F EXCLUSIONS The follow ing should be excluded from am ounts reported on this form : 1. "Long-term " securities of foreign issuers. 2. The permanent capital invested in agencies, branches, subsidiaries and other affiliates outside the United States by banks w ith head offices located in the United States. 3. O ffsets against reportable gross claims on "foreigners." 2 4. Contingent claims. 5. Unutilized credits to "foreigners." 6. Credit com m itm ents to "foreigners." 7. Gold, silver, or currency in transit to or from the United States or held abroad fo r your account or fo r the account of your dom estic custom ers 8. Forward exchange contracts. 9. Money balances due from "foreigners" in brokerage accounts of brokers and dealers in the United States. G. FUNDS PLACED ABROAD FOR ACCOUNT OF DOMESTIC CUSTOMERS A N D CORRESPONDENTS Include in Part 2 of your report funds held abroad in your name w hich belong to your dom estic custom ers and correspondents; exclude funds held in the dom estic custom er's name, since in accordance w ith the instructions to bank and nonbank reporters, the dom estic entity should report funds held in its ow n name by a foreign bank or banking institution, including the foreign branch of a United States bank. For example, if a United States broker sells to a United States entity a negotiable certificate of deposit issued by a foreign bank and instructs the foreign custodian to hold the certificate of deposit in the broker's name, the am ount should be entered on this report opposite the country of location o f the foreign bank issuing the cerrtificate of deposit. If the foreign custodian holds the certificate of deposit in the name o f the U.S. entity, however, the claim should be excluded from this report. Include also negotiable receipts issued in the United States covering funds on deposit w ith foreign banks, including the foreign branches of U.S. banks, that you hold in custody fo r dom estic custom ers. W ith respect to syndicated credits each participant should report his ow n share. H. TREATMENT OF "EARMARKED FUN DS" Deposits and other assets held by "foreign" banks for your account or fo r the account of your dom estic custom ers w hich are set aside as margin or security against debts to "foreigners" and w hich w ill be released upon payment of such indebtedness are to be included in the figures reported on this form . For purposes of this report, deposits and other assets deposited abroad w hich are set aside against letters of credit; fo r interest payments, sinking fund and bond redem ption payments on "foreign-held" securities issued in the United States (whether held in trust or otherwise); or fo r other similar purposes should also be included in your reported figures. I. OFFSETS. RESERVES A N D WRITE-OFFS The figures reported on this form should reflect the gross indebtedness of "foreigners" to you and to your dom estic custom ers. Accordingly, report claims regardless of w he th e r or not there are offsets against those claims. Do not deduct any reserves w hich you may have established against slow or doubtful items. W hen an asset has been w ritte n off, partially or entirely, as w orthless, the am ount that has been w ritte n off should no longer be included on this form . A m ounts so excluded from this report because of a w rite -o ff should be summarized by country and colum n in a statem ent attached to the report fo r the period in w hich the w rite -o ff was made. PART II—SPECIFIC INSTRUCTIONS RELATING TO PARTICULAR COLUMNS ON FORM BQ-1 (SEE REFERENCES O N REPORT FORM TO INSTRUCTIO NS (a) THROUGH (f) BELOW.) (a) The follow ing are not to be regarded as "foreign countries" fo r the purposes of this report American Samoa, Guam, M idw ay Island, Puerto Rico, the Virgin Islands, and W ake Island. (b) Report in these colum ns the breakdown by tim e remaining to m aturity of the claims on unaffiliated "foreigners" reported on Form BC. Revolving credits should be classified by the m aturity date w hich is available to the borrow er at his option. The m aturity distribution should be reported on a cash flo w basis if feasible, otherw ise according to final maturity. (c) Report in this mem orandum colum n the liability of "foreigners" to you on acceptances made by you for their benefit— i.e., on drafts accepted by you payable by such "foreigners"— other than those you have acquired through purchase or discount. Do not report the liability o f "foreigners" on acceptances made for their account by other banks in the United States, even if such acceptances are held by you. 3 (d) Report the amount o f dollar deposits and certificates of deposit which you hold for the account of your dom estic custom ers. (e) Report the am ount of negotiable and readily marketable instrum ents payable in dollars representing claims on "foreigners" w hich you hold for the account of your dom estic custom ers, including negotiable certificates of deposit, bankers' acceptances, commercial paper issued by foreign financial and nonfinancial business concerns, and obligations of foreign governments. (f) Report the am ount o f collections outstanding held fo r the account of your dom estic custom ers and all other dollar assets held here or abroad fo r the account of your dom estic custom ers. 4 International Capital Form BQ-2 DEPARTMENT OF THE TREASURY Office o f the Assistant Secretary fo r International Affairs Form Approved OMB No. 1505-0020 Ex 4/30/82 INSTRUCTIONS FOR THE PREPARATION OF QUARTERLY FORM BQ-2 PART 1.— LIABILITIES TO, AND CLAIMS ON, “FOREIGNERS” OF REPORTING BANK, BROKER OR DEALER; PART 2.— DOMESTIC CUSTOMERS’ CLAIMS ON “ FOREIGNERS” HELD BY REPORTING BANK, BROKER OR DEALER, PAYABLE IN FOREIGN CURRENCIES NOTE: This report should be filed not later than the tw entieth day following the last day o f the quarter. PART I— GENERAL INSTRUCTIO NS A. INTRODUCTION The purpose of this report is to gather tim ely and reliable information on international capital m ovem ents. This report form is designed to obtain data on the liabilities of reporting banks, banking institutions (including bank holding companies), brokers and dealers to "foreigners" payable in foreign currencies, and on assets owned by reporting banks, banking institutions (including bank holding companies), brokers and dealers and their dom estic custom ers w hich represent claims on "foreigners" payable in foreign currencies, acquired or held either here or abroad, insofar as data on these claims may be obtained from the records of reporting banks, banking institutions, brokers and dealers. A m ounts reported on this form should be on a gross basis, w ith o u t deductions of any offsets. It should be noted that the reports do not constitute a registry of claims against "foreigners." The General Instructions and Definitions for the Preparation of Reports on the Treasury International Capital Banking Forms apply to the preparation of reports on this form, as w ell as the general and specific instructions below. This report is required by law (12 U.S.C. 95a; 22 U.S.C 286f; 22 U.S.C. 3103; E.O. 6560; E.O. 10033; 31 C.FR. 128). Failure to report can result in a civil penalty not exceeding $10,000 (22 U.S.C. 3105). W illful failure to report can result in criminal prosecution and upon conviction a fine of not more than $10,000, or, if a natural person, im prisonm ent for not more than ten years, or both. Any officer, director or agent of any corporation w ho knowingly participates in such violation may be punished by a like fine, im prisonm ent, or both (12 U.S.C. 95a; 31 C.F.R. 128.4(a)). Data reported on this form w ill be held in confidence by the Departm ent of the Treasury and the Federal Reserve Banks acting as fiscal agents o f the Treasury. The data reported by individual respondents w ill not bepublished or otherw ise publicly disclosed. Aggregate data derived from reports on this form may be published or otherwise disclosed in a manner w hich w ill not reveal the amounts reported by any individual respondent. Data reported by individual respondents may be made available to other Federal agencies, insofar as authorized by the Federal Reports Act (44 U.S.C. 3501 e t seq.) and the International Investm ent Survey A ct o f 1976 (22 U.S.C. 3101 e t seq.). B. W HO M U S T REPORT All banks and banking institutions (including bank holding companies) in the United States, including the branches, agencies, subsidiaries, and other affiliates located in the United States of foreign banks and banking institutions and all brokers and dealers in the United States w ho, for their ow n account have liabilities to, or claims on, "foreigners" payable in foreign currencies, as defined in these instructions, or w ho fo r the account of their dom estic custom ers have claims on "foreigners" payable in foreign currencies, at the end of any calendar quarter, are required to report on this form . C. EXEMPTIONS A bank, banking institution, broker or dealer m ust file a report on Form BQ-2 for the first quarter-end on w hich its reportable liabilities to, or claims on, "foreigners" fo r its ow n account, payable in foreign currencies or its reportable claims on "foreigners" on behalf o f dom estic custom ers, payable in foreign currencies, aggregate $2,000,000 or more and fo r the succeeding quarter-end, after w hich the follow ing averaging provisions w ill apply: 1. A report on Part 1 of this form w ith respect to liabilities to, or claims on, "foreigners" payable in foreign currencies fo r its ow n account need not be filed as of the end of any calendar quarter by any bank, banking institution, broker or dealer otherw ise required to report, if the grand total of its liabilities to, or claims on, "foreigners" fo r its ow n account payable in foreign currencies averaged less than $2,000,000 as o f the report date and the preceding quarter-end, com puted by averaging the closing balances as o f the ends o f the tw o quarters. 2. A report on Part 2 of this form w ith respect to claims on "foreigners" payable in foreign currencies on behalf of dom estic custom ers need not be filed as of the end of any calendar quarter by any bank, banking institution, broker or dealer otherw ise required to report, if the grand total of its claim on "foreigners" payable in foreign currencies on behalf of dom estic custom ers averaged less than $2,000,000 as of the report date and the preceding quarter-end, com puted by averaging the closing balances as o f the ends o f the tw o quarters. Reports are required only fo r that part of the form fo r w hich reportable item s exceed the exem ption level. For example, a bank, banking institution, broker or dealer w h o has claims on "foreigners" payable in foreign currencies on behalf o f dom estic custom ers that exceed the exem ption level but w ho has liabilities to, or claims on, "foreigners" payable in foreign currencies fo r its ow n account below the exem ption level, is required to report only the claims held on behalf of dom estic custom ers (Part 2). D. FILING OF REPORTS Reports on this form should be subm itted not later than 20 days follow ing the quarter end to w hich the report applies. Reports of any bank or banking institution should include the reportable liabilities to, and claims on, "foreigners” of its branches in the United States, and should be filed w ith the Federal Reserve Bank of the district in w hich the bank or banking institution is located. Reports of any Edge Act or Agreem ent subsidiary engaged in banking should be filed separately w ith the Federal Reserve Bank o f the district in w hich the,Edge A ct or A greem ent subsidiary is located. Reports of any dom estic branch of any Edge Act or A greem ent Corporation engaged in banking should be filed separately w ith the Federal Reserve Bank of the district in w hich the branch is located. Reports of any bank holding company should include the liabilities to, and claims on, "foreigners" of the holding company itself and o f its financing and nonbanking subsidiaries, and should be filed separately w ith the Federal Reserve Bank o f the district in w hich the holding company is located. Reports of any broker or dealer should include the reportable item s of all its offices in the United States and should be filed w ith the Federal Reserve Bank of N ew York. E. DEFINITIONS The definitions applicable to reporting on Form BQ-2 are set forth in the General Instructions and D efinitions for the Preparation of Reports on the Treasury International Capital Banking Forms. 2 ' * ~ *F ' EXCLUSIONS The follow ing should be excluded from amounts reported on this form : 1. "Long-term " securities of foreign issuers. 2. The permanent capital invested in agencies, branches, subsidiaries and other affiliates outside the United States by banks w ith head offices located in the United States. 3. The permanent capital invested in agencies, branches, subsidiaries and other affiliates in the United States by foreign banks w ith head offices located outside the United States. 4. Offsets against reportable gross liabilities to, or claims on, "foreigners." 5. Contingent liabilities and claims. 6. Unutilized credits from or to "foreigners." 7 Credit com m itm ents from or to "foreigners." 8. Gold, silver, or currency in transit to or from the United States or held abroad for your account or for the account of your dom estic customers. 9. Forward exchange contracts 10. M oney balances due to or from "foreigners" in brokerage accounts of brokers and dealers in the United States. G. CONVERSION OF FOREIGN CURRENCY LIABILITIES AND CLAIM S INTO DOLLARS For purposes of this report, liabilities and claims payable in foreign currencies should be converted into dollars at the exchange rates prevailing on the report date. Claims expressed in term s of a currency w hich has been invalidated by a foreign governm ent should not be included in this report. The dollar value of such claims as shown on your books prior to the invalidation should be summarized by country and column in a statem ent attached to the report fo r the period in w hich the invalidation occurred, unless the claims have been w ritte n o ff the books. (See section "J " below.) H. FUNDS PLACED ABROAD FOR ACCOUNT OF DOMESTIC CUSTOMERS AND CORRESPONDENTS Include in Part 2 of your report funds held abroad in your name w hich belong to your dom estic custom ers and correspondents; exclude funds held in the dom estic custom er’s name, since in accordance w ith the instructions to bank and nonbank reporters, the dom estic entity should report funds held in its ow n name by a foreign bank or banking institution, including the foreign branch of a United States bank. For example, if a United States broker sells to a United States entity a negotiable certificate of deposit issued by a foreign bank and instructs the foreign custodian to hold the certificate of deposit in the broker's name, the am ount should be entered only on this report opposite the country of location of the foreign bank issuing the certificate of deposit If the foreign custodian holds the certificate of deposit in the name of the U.S. entity itself, however, the claim should be excluded from this report W ith respect to syndicated credits each participant should report his ow n share. I. TREATMENT OF "EARMARKED FUNDS" Deposits and other assets held by foreign banks for your account or fo r the account of your dom estic custom ers w hich are set aside as margin or security against debts to "foreigners" and w hich w ill be released upon payment of such indebtedness are to be included in the figures reported on this form . For purposes of this report, deposits and other assets deposited abroad w hich are set aside against letters of credit; for interest payments, sinking fund and bond redemption payments on "foreign-held" securities issued in the United States (w hether held in trust or otherwise); or for other similar purposes should also be included in your reported figures J. OFFSETS, RESERVES AND WRITE-OFFS The claims figures reported on this form should reflect the gross indebtedness of "foreigners" to you and to your dom estic custom ers Accordingly, report claims regardless of w h e th e r or not there are o ffse ts against those claims. Do not deduct any reserves w hich you may have established against slow or doubtful items. W hen an asset has been w ritte n off, partially or entirely, as worthless, the am ount that has been w ritte n o ff should no longer be included on this form . A m ounts so excluded from this report because of a w rite -o ff should be summarized by country and column in a statem ent attached to the report fo r the period in w hich the w rite -o ff was made. 3 PART II— SPECIFIC INSTRUCTIO NS RELATING TO PARTICULAR C O LU M N S O N FORM BQ-2 (SEE REFERENCES ON REPORT FORM TO INSTRUCTIONS (a) THROUGH (d) BELOW.) (a) The follow ing are hot to be regarded as "foreign countries" fo r the purposes of this report: American Samoa, Guam, M idw ay Island, Puerto Rico, the Virgin Islands, and W ake Island. (b) Report in this column your ow n liabilities to "foreigners" payable in foreign currencies, including loans, advances, and overdrafts w hich have actually been granted to you by foreign banks; the liability on acceptances made by foreign correspondents fo r your ow n account or fo r the account of your dom estic custom ers w ith your guarantee; and other liabilities to "foreigners" payable in foreign currencies. (c) Report assets held here or abroad fo r your ow n account w hich represent claims on "foreigners" payable in foreign currencies. Include deposits, certificates o f deposit, obligations o f foreign governm ents, comm ercial paper, finance paper, loans and collection item s outstanding. Include foreign exchange bought w hich is in transit and deduct foreign exchange sold w hich is in transit. Purchases and sales o f forward exchange should be ignored. W ith respect to syndicated credits, each participant should report his ow n share. Do no t include unutilized credits, even if such credits represent firm com m itm ents. (d) Report assets held here or abroad fo r the account of your custom ers and correspondents resident in the United States, w hich represent claims on "foreigners" payable in foreign currencies. (See instruction (c) above fo r details o f item s to be reported.) 4
