§ 3906. — Collection and disclosure of international lending data.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC3906]
TITLE 12--BANKS AND BANKING
CHAPTER 40--INTERNATIONAL LENDING SUPERVISION
Sec. 3906. Collection and disclosure of international lending
data
(a) Submission of information to Federal banking agencies
Each appropriate Federal banking agency shall require, by
regulation, each banking institution with foreign country exposure to
submit, no fewer than four times each calendar year, information
regarding such exposure in a format prescribed by such regulations.
(b) Disclosure of information to the public
Each appropriate Federal banking agency shall require, by
regulation, banking institutions to disclose to the public information
regarding material foreign country exposure in relation to assets and to
capital.
(c) Regulations and orders of Federal banking agencies
The appropriate Federal banking agencies shall promulgate
regulations or orders necessary to implement this section within one
hundred and twenty days after November 30, 1983.
(Pub. L. 98-181, title IX, Sec. 907, Nov. 30, 1983, 97 Stat. 1280.)
