Effective September 30, 2011, the new Treasury International
Capital (TIC) Form SLT is required to be filed by certain
custodians, investment managers and investors. The first filing
deadline will be October 24, 2011 for any reporting entity,
including an investment adviser that has $1 billion or more of
reportable securities as of the last business day of the reporting
month. You should note that only aggregate data derived from Form
SLT will be published and only in a manner that will not reveal
individual responses.
Why is the Form SLT required?
The purpose of Form SLT is to collect information on
cross-border ownership by U.S. and foreign residents of long-term
securities for portfolio investment purposes. The instructions for
the Form SLT state that information is needed for preparation of
the U.S. Balance of Payments accounts and the U.S. international
investment position, and in the formulation of U.S. international
financial and monetary policies.
