Laws: Cases and Codes : U.S. Code : Title 12 : Section 1828b


   
U.S. Code as of: 01/19/04
Section 1828b. Interagency data sharing

    (a) In general
      To the extent not prohibited by other law, the Comptroller of the
    Currency, the Director of the Office of Thrift Supervision, the
    Federal Deposit Insurance Corporation, and the Board of Governors
    of the Federal Reserve System shall make available to the Attorney
    General and the Federal Trade Commission any data in the possession
    of any such banking agency that the antitrust agency deems
    necessary for antitrust review of any transaction requiring notice
    to any such antitrust agency or the approval of such agency under
    section 1842 or 1843 of this title, section 1828(c) of this title,
    the National Bank Consolidation and Merger Act [12 U.S.C. 215 et
    seq.], section 1467a of this title, or the antitrust laws.
    (b) Confidentiality requirements
      (1) In general
        Any information or material obtained by any agency pursuant to
      subsection (a) of this section shall be treated as confidential.
      (2) Procedures for disclosure
        If any information or material obtained by any agency pursuant
      to subsection (a) of this section is proposed to be disclosed to
      a third party, written notice of such disclosure shall first be
      provided to the agency from which such information or material
      was obtained and an opportunity shall be given to such agency to
      oppose or limit the proposed disclosure.
      (3) Other privileges not waived by disclosure under this section
        The provision by any Federal agency of any information or
      material pursuant to subsection (a) of this section to another
      agency shall not constitute a waiver, or otherwise affect, any
      privilege any agency or person may claim with respect to such
      information under Federal or State law.
      (4) Exception
        No provision of this section shall be construed as preventing
      or limiting access to any information by any duly authorized
      committee of the Congress or the Comptroller General of the
      United States.
    (c) Banking agency information sharing
      The provisions of subsection (b) of this section shall apply to -
    
        (1) any information or material obtained by any Federal banking
      agency (as defined in section 1813(z) of this title) from any
      other Federal banking agency; and
        (2) any report of examination or other confidential supervisory
      information obtained by any State agency or authority, or any
      other person, from a Federal banking agency.



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