Sec. 102. Specific data standards and characteristics
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Section 153 of the Financial Stability Act of 2010 ( 12 U.S.C. 5343 ) is amended by adding at the end the following: The data standards promulgated under subsection
(c)shall include— common identifiers for information reported to member agencies or collected on behalf of the Council, including a common legal entity identifier for all entities required to report to member agencies; and common data formats for information reported to member agencies or collected on behalf of the Council. The data standards promulgated under subsection
(c)shall, to the extent practicable— render information fully searchable and machine-readable; be nonproprietary; incorporate standards developed and maintained by voluntary consensus standards bodies; and be consistent with and implement applicable accounting and reporting principles. In promulgating data standards under subsection (c), the Office shall consult with other Federal departments and agencies and multi-agency initiatives responsible for Federal data standards. In promulgating data standards under subsection (c), the Office shall seek to promote interoperability of financial regulatory data across members of the Council. .
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Sec. 102
Specific data standards and characteristics
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