Appendix A to Part 128 - Determination Made by National Advisory Council Pursuant to Section 2 (a) and (b) of E.O. 10033
31:1.2.1.1.9.3.16.4.35 : Appendix A
Appendix A to Part 128 - Determination Made by National Advisory
Council Pursuant to Section 2 (a) and (b) of E.O. 10033 I.
Determination of the National Advisory Council pursuant to E.O.
10033
In an action dated September 7, 1965, the National Advisory
Council on International Monetary and Financial Problems made the
following determination pursuant to section 2(a) of E.O. 10033 of
February 8, 1949.
Action 65 (E.O.)-49. The National Advisory Council,
having consulted with the Director of the Bureau of the Budget,
determines the current information with respect to international
capital movements, derived from data on U.S. liabilities to and
claims on foreigners and transactions in securities with
foreigners, and current information with respect to U.S. gold
holdings, foreign-currency holdings, and dollar liabilities to
foreigners, are essential in order that the United States may
comply with official requests of the International Monetary Fund
for information with respect to the U.S. balance of payments and
monetary reserves.
Action No. 320, March 17, 1949 is superseded by this
determination and is hereby revoked.
II. Designation of the Treasury Department by the Director of
the Bureau of the Budget pursuant to section 2(b) of E.O.
10033.
On December 1, 1965, the Treasury Department was designated,
pursuant to section 2(b) of E.O. 10033 of February 8, 1949, to
collect information for the International Monetary Fund under the
National Advisory Council determination of September 7, 1965. The
letter containing the designation reads as follows:
December 1, 1965. Hon. Henry H. Fowler,
Secretary of the
Treasury, Washington, DC 20220.
Dear Mr. Secretary: On September 7, 1965, the National Advisory
Council after consultation with this Bureau in accordance with
section 2(a) of Executive Order 10033, made the following
determination (Action 65 (E.O.)-49:
“The National Advisory Council, having consulted with the
Director of the Bureau of the Budget, determines that current
information with respect to international capital movements,
derived from data on U.S. liabilities to claims on foreigners and
transactions in securities with foreigners, and current information
with respect to U.S. gold holdings, foreign-currency holdings, and
dollar liabilities to foreigners, are essential in order that the
United States may comply with official requests of the
International Monetary Fund for information with respect to the
U.S. balance of payments and monetary reserves.”
It is hereby determined pursuant to section 2(b) of Executive
Order 10033, that the Treasury Department shall collect information
pertaining to capital movements between the United States and
foreign countries and pertaining to the monetary reserves of the
United States, except information pertaining to direct-investment
transactions, U.S. Government foreign lending operations, and
claims and liabilities of U.S. Government agencies (other than
public debt obligations), which is collected by the Department of
Commerce.
This letter supersedes the earlier determination as to the
responsibilities of the Treasury Department in this area, dated
April 21, 1949, as amended May 4, 1950.
Sincerely yours, Raymond T. Bowman,
Assistant Director for
Statistical Standards.