- Federal Register Notice of proposed revision was dated November 1, 2022. Comments are invited from the public by January 3, 2023. The additional sentence clarifies that balances are expected to be reported according to GAAP.
- (new) The Instructions for all B-Forms (effective for reports as-of March 2023 and thereafter). The proposal adds one sentence on page 18 of the Instructions, at the beginning of section I.D.1. "Accounting Issues--General".
- (NEW, 12-20-2022, ONE Country Name CHANGE IN EACH FORM) Only one change is made in each of the Forms: the name “Swaziland” is changed to “Eswatini”. The TIC country code is not changed because this is just a name change. This revision applies to all TIC reporting forms. This revision is effective for monthly reports beginning with reports as-of November 2022, OR as-of December 2022 if your report for November is already prepared. This revision is effective for quarterly reports as-of December 2022 and afterwards. [FYI: Previously, “Swaziland” was before Tanzania in the country list for Africa; now “Eswatini” is before Ethiopia in the county list for Africa.]
- Federal Register Notice of proposed revisions was dated August 7, 2019. The proposals included changes to Forms BQ-1 and BC, and revisions to the Instructions.
- Form BC (effective for reports as-of November 2022 and thereafter) -- Own U.S. Dollar Claims. (The only change from previous version is name change from Swaziland to Eswatini in country list for Africa.)
- Form BL-1 (effective for reports as-of November 2022 and thereafter) -- Own U.S. Dollar Liabilities. (The only change from previous version is name change from Swaziland to Eswatini in country list for Africa.)
- Form BL-2 (effective for reports as-of November 2022 and thereafter) -- Customers' U.S. Dollar Liabilities. (The only change from previous version is name change from Swaziland to Eswatini in country list for Africa.)
- Form BQ-1 (effective for reports as-of November 2022 and thereafter) -- Customers' U.S. Dollar Claims. (The only change from previous version is name change from Swaziland to Eswatini in country list for Africa.)
- Form BQ-2 (effective for reports as-of November 2022 and thereafter) -- Own and Customers' Foreign Currency Claims and Liabilities. (The only change from previous version is name change from Swaziland to Eswatini in country list for Africa.)
- Form BQ-3 (effective for reports as-of December 2013 and thereafter) -- Maturities of own Liabilities and Claims.
- The Instructions for all B-Forms (effective for reports as-of December 2019 through February 2023, except the change for form BQ-1 becomes effective for reports as-of June 2020 and thereafter).
-- Appendix B: Geographical Classification (for reports as-of November 2022 and afterwards) with codes for foreign countries, areas, and organizations.
-- Appendix C: Selected foreign official institutions (for reports as-of November 2022 and afterwards).
-- Appendix D: TIC Glossary, the March 2018 version. The glossaries for all Treasury International Capital (“TIC”) reports are consolidated into a single document which will provide more consistency across the TIC system. As a result, the TIC B reporting instructions do not include a glossary but point to this separate consolidated Glossary document on the TIC website.
- Form BC (effective for reports as-of December 2019 through October 2022) -- Own U.S. Dollar Claims. (The only change from previous version is addition of a clarification in the title of last row on last page of form.)
- Form BL-1 (effective for reports as-of December 2013 through October 2022) -- Own U.S. Dollar Liabilities.
- Form BL-2 (effective for reports as-of December 2013 through October 2022) -- Customers' U.S. Dollar Liabilities.
- (new) Form BQ-1 (effective for reports as-of June 2020 through October 2022) -- Customers' U.S. Dollar Claims. (The only change is addition of new last row on last page of form)
- Form BQ-2 (effective for reports as-of December 2013 through October 2022) -- Own and Customers' Foreign Currency Claims and Liabilities.
- Form BQ-1 (was effective for reports as-of December 2013 through May 2020) -- Customers' U.S. Dollar Claims.
- Federal Register Notice of February 2018. There were no changes to any of the B-forms. There were several revisions in the instructions, including making electronic filing mandatory for all TIC B reports.
- Final Form BC (was effective for reports as-of December 2013 through November 2019) -- Own U.S. Dollar Claims.
- The Instructions for all B-Forms (effective for reports as of June 2018 through November 2019.) Each revision is marked with a vertical bar on the right-side of the affected paragraph. These instructions made electronic filing mandatory for all TIC B reports.
- The Instructions for all B-Forms (effective for reports as-of July 29, 2016 through May 2018).
- The forms in effect (as-of December 2013) during this period are the same as those shown above in the section "Current Forms and Instructions".
- Federal Register Notice May 2016. There were no changes in the forms. The instructions clarify the effective date for Intermediate Holding Companies (IHCs) compliance with monthly TIC B reporting requirements to ensure consistency with the July 1, 2016 Regulation YY deadline -- IHCs should file the monthly BC, BL-1 and BL-2 reports as of July 29 and afterwards.
- The Instructions for all B-Forms (effective for reports as-of December 2013 through July 28, 2016).
- The forms in effect (as-of December 2013) during this period are the same as those shown above in the section "Current Forms and Instructions".
- The Federal Register Notice of January 2013 announced revisions to each form. A major revision was the move of a significant part of the reporting panel for the C forms to the panel for the B forms -- with the result that all financial institutions report on the B forms.
- Final Form BC (effective for reports as-of June 2006 through November 2013) -- Own U.S. Dollar Claims.
- Final Form BL-1 (effective for reports as-of June 2006 through November 2013) -- Own U.S. Dollar Liabilities.
- Final Form BL-2 (effective for reports as-of June 2006 through November 2013) -- Customers' U.S. Dollar Liabilities.
- Final Form BQ-1 (effective for reports as-of June 2006 through November 2013) -- Customers' U.S. Dollar Claims.
- Final Form BQ-2 (effective for reports as-of June 2006 through November 2013) -- Own and Customers' Foreign Currency Claims and Liabilities.
- Final Form BQ-3 (effective for reports as-of June 2006 through November 2013; no change from previous form) -- Maturities of own Liabilities.
- Final Instructions for all B-Forms (effective for reports as-of June 2006 through November 2013).
-- Appendix B: Geographical Classification (Jan. 2006) with codes for foreign countries, areas, and organizations. (Effective for reports as-of June 2006 through November 2013.)
-- Appendix C: Selected foreign official institutions (revised June 2008) (Effective for reports as-of June 2008 through November 2013.)
Additional Information:
- Q & As for B-Forms (03/12/2010). Effective beginning with the reports as-of February 28, 2003 and thereafter.
- Legitimate Differences between B Reports and FFIEC 002 (09/07/04). Effective beginning with the reports as-of February 28, 2003 and thereafter.
- Comparison of short-term securities data (05/24/05) on TIC B forms versus annual/benchmark TIC SHL and SHC forms.
- Federal Register Notices: public notices of proposed revisions to each form, July 2005
Seminar Information:
The Federal Reserve Bank of New York held a seminar on September 20, 2006 ( agenda ), that provided: an overview of reporting requirements for the S-Form and the various B-Forms; lists of common reporting errors for the B and S reports; and discussions of how TIC B and S data are edited by FRS staff.
The Federal Reserve Bank of New York held a seminar on September 20, 2006 ( agenda ), that provided: an overview of reporting requirements for the S-Form and the various B-Forms; lists of common reporting errors for the B and S reports; and discussions of how TIC B and S data are edited by FRS staff.
Description:
The TIC B-forms are part of the Treasury International Capital (TIC) data reporting system, which is required by law (22 U.S.C. 286f; 22 U.S.C. 3103; E.O. 10033; 31 C.F.R. 128). They are designed to collect timely and reliable information on the international portfolio capital claims and liabilities with foreigners of U.S. banks, securities brokers and dealers, and, after reports as of November 2013, all other financial firms. This information is necessary for compiling the U.S. balance of payments accounts and the U.S. international investment position, and for formulating U.S. international financial and monetary policies.
Who Reports on the B-forms:
The main reporters are Depository institutions (see Part I.D of the instructions for list of organizations included); bank holding companies and financial holding companies (BHCs/FHCs); and securities brokers and dealers, regardless of their affiliations with other entities. Effective with the data release on February 18, 2014, the reporting panel was redefined to include all financial firms. At the same time, the reporting panel for the C-forms was redefined to include only nonfinancial firms, effective with the March 18, 2014 release. As a result, beginning with the data as of December 2013, a number of data reporters that are nonbank financial firms were shifted from the nonbank statistics reported on the C-forms, now called the nonfinancial statistics, to the monthly banking statistics reported on the B-forms, now called the monthly financial-firm reported statistics.
Historical Forms and Instructions:
- Expired B-Forms that were effective for reports as-of February 2003 through May 2006.
- form BC (effective for reports as-of February 2003 through May 2006).
- form BL-1 (effective for reports as-of February 2003 through May 2006).
- form BL-2 (effective for reports as-of February 2003 through May 2006).
- form BQ-1 (effective for reports as-of February 2003 through May 2006).
- form BQ-2 (effective for reports as-of February 2003 through May 2006).
- form BQ-3 (effective for reports as-of February 2003 through May 2006).
- instructions (effective for reports as-of February 2003 through May 2006). [This link was restored in Feb. 2013 after being lost in the 2010 redesign of the Treasury website.]
- The semiannual forms BC(SA), BL-1(SA), and BL-2(SA) were eliminated after the reports as-of December 31, 2005.
- Expired B-Forms that were effective for reports as-of January 31, 2001 through January 31, 2003. [These links were restored in Feb. 2014 after being lost in the 2010 redesign of the Treasury website.]
- Federal Register Notices (06/15/00) Summary of the revisions in each of the forms.
- Form BC (11/29/00) Effective only for reports as of January 31, 2001 through January 31, 2003.
- Form BC(SA) (02/27/01) Effective only for reports as of June 29, 2001 through December 31, 2002.
- Form BL-1 (11/29/00) Effective only for reports as of January 31, 2001 through January 31, 2003.
- Form BL-1(SA) (02/27/01) Effective only for reports as of June 29, 2001 through December 31, 2002.
- Form BL-2 (11/29/00) Effective only for reports as of January 31, 2001 through January 31, 2003.
- Form BL-2(SA) (02/27/01) Effective only for reports as of June 29, 2001 through December 31, 2002.
- Form BL-3 is not available in an electronic file.
- Form BQ-1 (11/29/00) Effective only for reports as of March 30, 2001 through December 31, 2002.
- Form BQ-2 (11/29/00) Effective only for reports as of March 30, 2001 through December 31, 2002, except for memorandum rows 8500-1 through 8500-4 where reporting began with the report as of June 29, 2001
- Instructions for all B-Forms (12/18/00; 3.2 Mb) Effective only for the reports as of January 31, 2001 through reports as of January 31, 2003.
- Q & As for B-Forms (01/23/01) Effective only for reports as of January 31, 2001 through January 31, 2003.
- Geographical Classification (08/24/01) with country codes; effective only for reports as of January 31, 2001 through January 31, 2003.
- Selected foreign official institutions (08/20/01) with codes; effective only for reports as of January 31, 2001 through January 31, 2003.