Sec. 301. Data standards requirements for the Federal Deposit Insurance Corporation
159 words·~1 min read·
/bill/114/hr/2477/ih/section-301·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Federal Deposit Insurance Act ( 12 U.S.C. 1811 et seq. ) is amended by adding at the end the following: The Corporation shall, by rule, adopt data standards for all information that the Corporation receives from any depository institution or financial company under this Act or under title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The data standards required by subsection
(a)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 adopting data standards by rule under this section, the Corporation shall incorporate all applicable data standards promulgated by the Office of Financial Research. For purposes of this section, the term financial company has the meaning given that term under section 201(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5381(a) ). .
Connectionstraces to 2
Traces to 2 documents
Citation graph
cites case law
Sec. 301
Data standards requirements for the Federal Deposit Insurance Corporation
Cites 2Cited by 0 across 0 sources