Laws: Cases and Codes : U.S. Code : Title 12 : Section 3906


   
U.S. Code as of: 01/19/04
Section 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.



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