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Code · BILL · 115th Congress · H.R. 1530 (Introduced in House) — To amend securities, commodities, and banking laws to make the information reported to financial regulatory agencies... · Sec. 401

Sec. 401. Data standards and open data publication requirements for the Office of the Comptroller of the Currency

200 words·~1 min read·/bill/115/hr/1530/ih/section-401

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The Revised Statutes of the United States is amended by inserting after section 332 ( 12 U.S.C. 14 ) the following: The Comptroller of the Currency shall, by rule, adopt data standards for all information that is regularly filed with or submitted to the Comptroller of the Currency by any entity with respect to which the Office of the Comptroller of the Currency is the appropriate Federal banking agency (as defined under section 3 of the Federal Deposit Insurance Act). The data standards required by paragraph
(1)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 subsection, the Comptroller of the Currency shall incorporate all applicable data standards promulgated by the Secretary of the Treasury. All public information published by the Comptroller of the Currency under title LXII or the Dodd-Frank Wall Street Reform and Consumer Protection Act shall be published as open data, freely available for download in bulk, accessible via application programming interface where appropriate, and offered without any registration requirement or reuse restriction. .
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Sec. 401
Data standards and open data publication requirements for the Office of the Comptroller of the Currency
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