Title 12 — Banks and BankingRelease 119-73
§1772e Data standards
Title 12 › Chapter CHAPTER 14— - FEDERAL CREDIT UNIONS › Subchapter SUBCHAPTER I— - GENERAL PROVISIONS › § 1772e
Summary
The Board must write rules that set the data formats for all information and reports regularly sent to the Administration under this chapter. Those rules must include and, when possible, match the data standards made under section 5334 and, where practical, include the specific features listed in subsection (c)(1)(B)(i)–(vi) of section 5334.
Full Legal Text
Title 12, §1772e
Banks and Banking — Source: USLM XML via OLRC
(a)The Board shall, by rule, adopt data standards for all collections of information and reports regularly filed with or submitted to the Administration under this chapter.
(b)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.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Rulemaking Pub. L. 117–263, div. E, title LVIII, § 5873, Dec. 23, 2022, 136 Stat. 3436, provided that: “(a) In General.—The National Credit Union Administration Board shall issue rules to carry out the
Amendments
made by this subtitle [subtitle G (§§ 5871–5874) of title LVIII of div. E of Pub. L. 117–263, enacting this section and section 1772f of this title], which shall take effect not later than 2 years after the date on which final rules are promulgated under section 124(b)(2) of the Financial Stability Act of 2010 [12 U.S.C. 5334(b)(2)], as added by section 5811(a) of this title. “(b) Scaling of Regulatory Requirements; Minimizing Disruption.—In issuing the rules required under subsection (a), the National Credit Union Administration Board—“(1) may scale data reporting requirements in order to reduce any unjustified burden on smaller regulated entities; and “(2) shall seek to minimize disruptive changes to the persons affected by those
Regulations
.” Rule of
Construction
Regarding No New Disclosure Requirements Pub. L. 117–263, div. E, title LVIII, § 5874, Dec. 23, 2022, 136 Stat. 3437, provided that: “Nothing in this subtitle [subtitle G (§§ 5871–5874) of title LVIII of div. E of Pub. L. 117–263, enacting this section, section 1772f of this title, and provisions set out as a note under this section], or the
Amendments
made by this subtitle, shall be construed to require the National Credit Union Administration Board to collect or make publicly available additional information under the Federal Credit Union Act (12 U.S.C. 1751 et seq.), beyond information that was collected or made publicly available under that Act, as of the day before the date of enactment of this Act [Dec. 23, 2022].”
Reference
Citations & Metadata
Citation
12 U.S.C. § 1772e
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73