Foreign securities holdings by U.S. investors to be reported to Treasury Form SHC
28 February 2012Private Equity Alert
As many are aware, the Treasury International Capital (TIC) Form SHC is due this Friday, March 2 for all U.S. residents with holdings of more than US$100 million in foreign securities. This report is part of the TIC series of reports Treasury collects through the Federal Reserve Bank of New York. Treasury views this SHC report, collected only once every five years, as its baseline report, and thus is the most widely required form in the TIC series of data collections. Unlike other TIC reports, end investors must still file a report even if all of the foreign securities are held in custody by a U.S. custodian. Holders of large portfolios of foreign securities may be required to file additional reports more frequently.