The Statistics Function of the Federal Reserve Bank of New York will conduct a half-day seminar on the new TIC "Report of Holdings of, and Transactions in, Financial Derivatives Contracts with Foreign Residents." All institutions with $100 billion or more in notional amounts of derivatives are required to submit this report starting in 2005.
The seminar will be a practical guide for completing this new report. The seminar will cover concepts, definitions and specific instructions for completing this report which will collect data for the official U.S. balance of payments accounts.
Officers and Staff responsible for supervising and preparing TIC report forms at institutions with large holdings of derivatives.
9:00 a.m. - 1:00 p.m.
Federal Reserve Bank of New York
33 Liberty Street
12th Floor Conference Center
New York City