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12 U.S.C. § 5498 — Data standards

submitted 4 years ago by Pub. L. 111-203 to r/title-12-BANKS-AND-BANKING · 82 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Bureau must adopt data standards for information regularly submitted to it. Those standards must be compatible, as feasible, with applicable standards under section 5334.

(a) Requirement The Bureau shall, by rule, adopt data standards for all collections of information that are regularly filed with or submitted to the Bureau.

(b) Consistency The data standards required under subsection (a) shall incorporate, and ensure compatibility with (to the extent feasible), all applicable data standards established in the rules promulgated under section 5334 of this title, including, to the extent practicable, by having the characteristics described in clauses (i) through (vi) of subsection (c)(1)(B) of such section 5334.

the actual law source: uscode.house.gov ↗public domain
(a) Requirement

The Bureau shall, by rule, adopt data standards for all collections of information that are regularly filed with or submitted to the Bureau.

(b) Consistency

The data standards required under subsection (a) shall incorporate, and ensure compatibility with (to the extent feasible), all applicable data standards established in the rules promulgated under section 5334 of this title, including, to the extent practicable, by having the characteristics described in clauses (i) through (vi) of subsection (c)(1)(B) of such section 5334.

Source credit: (Pub. L. 111–203, title X, § 1018, as added Pub. L. 117–263, div. E, title LVIII, § 5851(a)(2), Dec. 23, 2022, 136 Stat. 3433.)

history & why it existsrecord from the source credit
  • 2022Enacted · Pub. L. 111-203 · 136 Stat. 3433

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-203 on 2022-12-23.

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