,,ib ,union ,cal5d> ,no4 #ded #aai? ,,congress #b;d ,session ,h4 ,r4 #feej ,report ,no4 #aai-ebi ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,decemb] #aj1 #bjbe,mr4 ,l\d]milk 7= himself1 ,mr4 ,b>r1 & ,mr4 ,flood7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,f9ancial ,s]vices ,febru>y #be1 #bjbf;,additional sponsors3 ,mr4 ,rose1 ,mr4 ,sessions1 ,mr4 ,davidson1 & ,mr4 ,moore ( ,nor? ,c>ol9a ,febru>y #be1 #bjbf,report$ ) an am5dm5t1 committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union1 & ord]$ to be printed,strike out all aft] ! enact+ clause & ins]t ! "p pr9t$ 9 italic,for text ( introduc$ bill1 see copy ( bill z introduc$ on ,decemb] #aj1 #bjbe ,a ,,bill ,to require annual report+ on int]actions betwe5 ,f$]al bank+ sup]visory ag5cies & global f9ancial regulatory or sup]visory =ums1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,am]ican ,f9ancial ,in/itution ,regulatory ,sov]eignty & ,transp>5cy ,act ( #bjbe or ! ,am]ican ,,fir/ ,act ( #bjbe4 #b4 ,annual report+ on int]actions betwe5 ,f$]al bank+ sup]visory ag5cies & global f9ancial regulatory or sup]visory =ums 7a7 ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em ,! sev5? undesignat$ p>agraph ( section #aj ( ! ,f$]al ,res]ve ,act 7#ab ,u4,s4,c4 #bdg7 is am5d$-- 7#a7 by /rik+ ,! ,bo>d & ins]t+ ! foll[+3 7#g7 ,annual report 7,a7 ,9 g5]al ,! ,bo>d 2 7#b7 by /rik+ ! second s5t5ce2 & 7#c7 by add+ at ! end ! foll[+3 7,b7 ,int]actions ) global f9ancial regulatory or sup]visory =ums ,! report requir$ "u subp>agraph 7,a7 %all include a description ( ! ,bo>d's int]actions ) global f9ancial regulatory or sup]visory =ums1 includ+-- 7i7 a li/ ( ! global f9ancial regulatory or sup]visory =ums 9 :i* ! ,bo>d ma9ta9$ memb]%ip dur+ ! p]iod cov]$ by ! report2 & 7ii7 = ea* su* global f9ancial regulatory or sup]visory =um 9 ! li/ provid$ pursuant to clause 7i7-- 7,i7 a description ( ! g5]al purposes ( ! global f9ancial regulatory or sup]visory =um1 includ+ a li/ ( ! curr5t memb]s & obs]v]s ( ! global f9ancial regulatory or sup]visory =um2 7,,ii7 a discussion ( h[ ! g5]al purposes ( ! global f9ancial regulatory or sup]visory =um align ) ! purposes ( ?is ,act & ! o!r ,acts t ! ,bo>d implem5ts2 7,,iii7 an id5tification ( ! s\rces t provid$ a mat]ial am\nt ( fund+ = ! op]ations ( ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report2 7,,iv7 a description ( ! organization ! ,bo>d ma9ta9$ dur+ ! p]iod cov]$ by ! report to conduct int]actions ) ! global f9ancial regulatory or sup]visory =um1 includ+ an organizational *>t & an id5tification ( ! (ficial /aff ( ! ,bo>d ) ov]sight responsibility = int]actions ) ! global f9ancial regulatory or sup]visory =um2 7,v7 a discussion ( ! f9ancial regulatory or sup]visory /&>d-sett+ issues "u discussion at ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report2 7,,vi7 a description ( ! positions tak5 by repres5tatives ( ! ,bo>d at ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report1 includ+ ! rationale1 objectives1 & pot5tial impacts ( su* positions2 7,,vii7 a summ>y ( ! meet+s att5d$ by repres5tatives ( ! ,bo>d at ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report1 includ+ a discussion ( ! key outcomes f su* meet+s2 7,,viii7 ! text ( any f9al policies1 /&>ds1 or recomm5dations adopt$ by ! global f9ancial sup]visory or regulatory =um dur+ ! p]iod cov]$ by ! report1 includ+ any implem5t+ mat]ial1 annex1 app5dix1 side lett]1 or simil> docum5t ent]$ into contemporane\sly or 9 conjunction ) ! und]ly+ policy1 /&>d1 or recomm5dation1 or an id5tification ( a publicly available s\rce = ! text ( su* policy1 /&>d1 recomm5dation1 or implem5t+ mat]ial2 7,,ix7 a description ( any am5dm5ts to ,f$]al /atutes1 regulations ( ! ,bo>d1 guidance ( ! ,bo>d1 or *anges to ! ,bo>d's sup]visory practices ! ,bo>d anticipates w be necess>y to implem5t any f9al policies1 /&>ds1 or recomm5dations adopt$ by ! global f9ancial sup]visory or regulatory =um dur+ ! p]iod cov]$ by ! report2 7,x7 a discussion ( rules propos$1 rules "u consid]ation1 f9al rules adopt$1 guidance propos$1 guidance "u consid]ation1 f9al guidance adopt$1 or any o!r simil> actions tak5 by ! ,bo>d dur+ ! p]iod cov]$ by ! report to implem5t agreem5ts ( ! global f9ancial regulatory or sup]visory =um1 includ+ an economic impact analysis & a ju/ification = :y ! expect$ co/s ( implem5t+ actions are at lea/ (fset by ! expect$ b5efits relat$ to economic1 national security1 f9ancial /ability1 or o!r national int]e/s2 & 7,,xi7 su* o!r in=mation relat+ to int]actions ) ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report sep>ately reque/$ 9 writ+ by ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate or ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives4 7,c7 ,global f9ancial regulatory or sup]visory =um def9$ 7i7 ,9 g5]al ,9 ?is p>agraph1 ! t]m global f9ancial regulatory or sup]visory =um means any association or union ( nations ?r\gh or by :i* two or m =eign au?orities engage 9 "s aspect ( _! conduct ( int]national affairs reg>d+ f9ancial sup]vision & regulation1 includ+-- 7,i7 ! ,bank = ,int]national ,settlem5ts2 7,,ii7 ! ,basel ,committee on ,bank+ ,sup]vision2 7,,iii7 ! ,f9ancial ,/ability ,bo>d2 7,,iv7 ! ,int]national ,association ( ,insurance ,sup]visors2 & 7,v7 ! ,network ( ,c5tral ,banks & ,sup]visors = ,gre5+ ! ,f9ancial ,sy/em4 7ii7 ,exception ,! t]m global f9ancial regulatory or sup]visory =um does n include-- 7,i7 int]national f9ancial in/itutions1 z def9$ 9 section #agja7;c77#b7 ( ! ,int]national ,f9ancial ,in/itutions ,act 7#bb ,u4,s4,c4 #bfbr7c77#b772 or 7,,ii7 any int]national organization ) respect to :i* ! ,bo>d p>ticipates pursuant to a treaty to :i* ! ,unit$ ,/ates is a p>ty4 4 7b7 ,(fice ( ! ,comptroll] ( ! ,curr5cy 7#a7 ,9 g5]al ,! second section #ccc ( ! ,revis$ ,/atutes ( ! ,unit$ ,/ates 7#ab ,u4,s4,c4 #ad2 relat+ to an annual report7 is am5d$ to read z foll[s3 #ccc4 ,report ( ,comptroll] 7a7 ,9 g5]al ,! ,comptroll] ( ! ,curr5cy %all make an annual report to ,congress4 7b7 ,int]actions ) global f9ancial regulatory or sup]visory =ums ,! report requir$ "u subsection 7a7 %all include a description ( ! ,comptroll]'s int]actions ) global f9ancial regulatory or sup]visory =ums1 includ+-- 7#a7 a li/ ( ! global f9ancial regulatory or sup]visory =ums 9 :i* ! ,comptroll] ma9ta9$ memb]%ip dur+ ! p]iod cov]$ by ! report2 & 7#b7 = ea* su* global f9ancial regulatory or sup]visory =um 9 ! li/ provid$ pursuant to p>agraph 7#a7-- 7,a7 a description ( ! g5]al purposes ( ! global f9ancial regulatory or sup]visory =um1 includ+ a li/ ( ! curr5t memb]s & obs]v]s ( ! global f9ancial regulatory or sup]visory =um2 7,b7 a discussion ( h[ ! g5]al purposes ( ! global f9ancial regulatory or sup]visory =um align ) ! purposes ( ?is *apt]1 title ,,lxii1 & ! o!r ,acts t ! ,comptroll] implem5ts2 7,c7 an id5tification ( ! s\rces t provid$ a mat]ial am\nt ( fund+ = ! op]ations ( ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report2 7,d7 a description ( ! organization ! ,comptroll] ma9ta9$ dur+ ! p]iod cov]$ by ! report to conduct int]actions ) ! global f9ancial regulatory or sup]visory =um1 includ+ an organizational *>t & an id5tification ( ! (ficial /aff ( ! ,(fice ( ! ,comptroll] ( ! ,curr5cy ) ov]sight responsibility = int]actions ) ! global f9ancial regulatory or sup]visory =um2 7,e7 a discussion ( ! f9ancial regulatory or sup]visory /&>d-sett+ issues "u discussion at ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report2 7,f7 a description ( ! positions tak5 by repres5tatives ( ! ,comptroll] at ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report1 includ+ ! rationale1 objectives1 & pot5tial impacts ( su* positions2 7,g7 a summ>y ( ! meet+s att5d$ by repres5tatives ( ! ,comptroll] at ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report1 includ+ a discussion ( ! key outcomes f su* meet+s2 7,h7 ! text ( any f9al policies1 /&>ds1 or recomm5dations adopt$ by ! global f9ancial sup]visory or regulatory =um dur+ ! p]iod cov]$ by ! report1 includ+ any implem5t+ mat]ial1 annex1 app5dix1 side lett]1 or simil> docum5t ent]$ into contemporane\sly or 9 conjunction ) ! und]ly+ policy1 /&>d1 or recomm5dation1 or an id5tification ( a publicly available s\rce = ! text ( su* policy1 /&>d1 recomm5dation1 or implem5t+ mat]ial2 7,i7 a description ( any am5dm5ts to ,f$]al /atutes1 regulations ( ! ,comptroll]1 guidance ( ! ,comptroll]1 or *anges to ! ,comptroll]'s sup]visory practices ! ,comptroll] anticipates w be necess>y to implem5t any f9al policies1 /&>ds1 or recomm5dations adopt$ by ! global f9ancial sup]visory or regulatory =um dur+ ! p]iod cov]$ by ! report2 7,j7 a discussion ( rules propos$1 rules "u consid]ation1 f9al rules adopt$1 guidance propos$1 guidance "u consid]ation1 f9al guidance adopt$1 or any o!r simil> actions tak5 by ! ,comptroll] dur+ ! p]iod cov]$ by ! report to implem5t agreem5ts ( ! global f9ancial regulatory or sup]visory =um1 includ+ an economic impact analysis & a ju/ification = :y ! expect$ co/s ( implem5t+ actions are at lea/ (fset by ! expect$ b5efits relat$ to economic1 national security1 f9ancial /ability1 or o!r national int]e/s2 & 7,k7 su* o!r in=mation relat+ to int]actions ) ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report sep>ately reque/$ 9 writ+ by ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate or ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives4 7c7 ,global f9ancial regulatory or sup]visory =um def9$ 7#a7 ,9 g5]al ,9 ?is section1 ! t]m global f9ancial regulatory or sup]visory =um means any association or union ( nations ?r\gh or by :i* two or m =eign au?orities engage 9 "s aspect ( _! conduct ( int]national affairs reg>d+ f9ancial sup]vision & regulation1 includ+-- 7,a7 ! ,bank = ,int]national ,settlem5ts2 7,b7 ! ,basel ,committee on ,bank+ ,sup]vision2 7,c7 ! ,f9ancial ,/ability ,bo>d2 7,d7 ! ,int]national ,association ( ,insurance ,sup]visors2 & 7,e7 ! ,network ( ,c5tral ,banks & ,sup]visors = ,gre5+ ! ,f9ancial ,sy/em4 7#b7 ,exception ,! t]m global f9ancial regulatory or sup]visory =um does n include-- 7,a7 int]national f9ancial in/itutions1 z def9$ 9 section #agja7;c77#b7 ( ! ,int]national ,f9ancial ,in/itutions ,act 7#bb ,u4,s4,c4 #bfbr7c77#b772 or 7,b7 any int]national organization ) respect to :i* ! ,comptroll] p>ticipates pursuant to a treaty to :i* ! ,unit$ ,/ates is a p>ty4 4 7#b7 ,te*nical correction ,*apt] n9e ( title ,,vii ( ! ,revis$ ,/atutes ( ! ,unit$ ,/ates is am5d$-- 7,a7 by r$esignat+ ! fir/ section #ccc 7#ab ,u4,s4,c4 #ad;a2 relat+ to data /&>ds7 z section #ccb2 7,b7 by mov+ su* section s z to appe> aft] section #cca2 & 7,c7 9 ! table ( cont5ts ( su* *apt]1 by am5d+ ! item relat+ to section #ccb to read z foll[s3 #ccb4 ,data /&>ds2 op5 data publication4 4 7c7 ,f$]al ,deposit ,insurance ,corporation ,section #ag7;a7 ( ! ,f$]al ,deposit ,insurance ,act 7#ab ,u4,s4,c4 #ahbg7;a77 is am5d$ by /rik+ p>agraph 7#c7 & ins]t+ ! foll[+3 7#c7 ,int]actions ) global f9ancial regulatory or sup]visory =ums ,! report requir$ "u p>agraph 7#a7 %all include a description ( ! ,corporation's int]actions ) global f9ancial regulatory or sup]visory =ums1 includ+-- 7,a7 a li/ ( ! global f9ancial regulatory or sup]visory =ums 9 :i* ! ,corporation ma9ta9$ memb]%ip dur+ ! p]iod cov]$ by ! report2 & 7,b7 = ea* su* global f9ancial regulatory or sup]visory =um 9 ! li/ provid$ pursuant to subp>agraph 7,a7-- 7i7 a description ( ! g5]al purposes ( ! global f9ancial regulatory or sup]visory =um1 includ+ a li/ ( ! curr5t memb]s & obs]v]s ( ! global f9ancial regulatory or sup]visory =um2 7ii7 a discussion ( h[ ! g5]al purposes ( ! global f9ancial regulatory or sup]visory =um align ) ! purposes ( ?is ,act & ! o!r ,acts t ! ,corporation implem5ts2 7iii7 an id5tification ( ! s\rces t provid$ a mat]ial am\nt ( fund+ = ! op]ations ( ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report2 7iv7 a description ( ! organization ! ,corporation ma9ta9$ dur+ ! p]iod cov]$ by ! report to conduct int]actions ) ! global f9ancial regulatory or sup]visory =um1 includ+ an organizational *>t & an id5tification ( ! (ficial /aff ( ! ,corporation ) ov]sight responsibility = int]actions ) ! global f9ancial regulatory or sup]visory =um2 7v7 a discussion ( ! f9ancial regulatory or sup]visory /&>d-sett+ issues "u discussion at ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report2 7vi7 a description ( ! positions tak5 by repres5tatives ( ! ,corporation at ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report1 includ+ ! rationale1 objectives1 & pot5tial impacts ( su* positions2 7vii7 a summ>y ( ! meet+s att5d$ by repres5tatives ( ! ,corporation at ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report1 includ+ a discussion ( ! key outcomes f su* meet+s2 7viii7 ! text ( any f9al policies1 /&>ds1 or recomm5dations adopt$ by ! global f9ancial sup]visory or regulatory =um dur+ ! p]iod cov]$ by ! report1 includ+ any implem5t+ mat]ial1 annex1 app5dix1 side lett]1 or simil> docum5t ent]$ into contemporane\sly or 9 conjunction ) ! und]ly+ policy1 /&>d1 or recomm5dation1 or an id5tification ( a publicly available s\rce = ! text ( su* policy1 /&>d1 recomm5dation1 or implem5t+ mat]ial2 7ix7 a description ( any am5dm5ts to ,f$]al /atutes1 regulations ( ! ,corporation1 guidance ( ! ,corporation1 or *anges to ! ,corporation's sup]visory practices ! ,corporation anticipates w be necess>y to implem5t any f9al policies1 /&>ds1 or recomm5dations adopt$ by ! global f9ancial sup]visory or regulatory =um dur+ ! p]iod cov]$ by ! report2 7x7 a discussion ( rules propos$1 rules "u consid]ation1 f9al rules adopt$1 guidance propos$1 guidance "u consid]ation1 f9al guidance adopt$1 or any o!r simil> actions tak5 by ! ,corporation dur+ ! p]iod cov]$ by ! report to implem5t agreem5ts ( ! global f9ancial regulatory or sup]visory =um1 includ+ an economic impact analysis & a ju/ification = :y ! expect$ co/s ( implem5t+ actions are at lea/ (fset by ! expect$ b5efits relat$ to economic1 national security1 f9ancial /ability1 or o!r national int]e/s2 & 7xi7 su* o!r in=mation relat+ to int]actions ) ! global f9ancial regulatory or sup]visory =um dur+ ! p]iod cov]$ by ! report sep>ately reque/$ 9 writ+ by ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate or ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives4 7#d7 ,global f9ancial regulatory or sup]visory =um def9$ 7,a7 ,9 g5]al ,9 ?is subsection1 ! t]m global f9ancial regulatory or sup]visory =um means any association or union ( nations ?r\gh or by :i* two or m =eign au?orities engage 9 "s aspect ( _! conduct ( int]national affairs reg>d+ f9ancial sup]vision & regulation1 includ+-- 7i7 ! ,bank = ,int]national ,settlem5ts2 7ii7 ! ,basel ,committee on ,bank+ ,sup]vision2 7iii7 ! ,f9ancial ,/ability ,bo>d2 7iv7 ! ,int]national ,association ( ,insurance ,sup]visors2 & 7v7 ! ,network ( ,c5tral ,banks & ,sup]visors = ,gre5+ ! ,f9ancial ,sy/em4 7,b7 ,exception ,! t]m global f9ancial regulatory or sup]visory =um does n include-- 7i7 int]national f9ancial in/itutions1 z def9$ 9 section #agja7;c77#b7 ( ! ,int]national ,f9ancial ,in/itutions ,act 7#bb ,u4,s4,c4 #bfbr7c77#b772 or 7ii7 any int]national organization ) respect to :i* ! ,corporation p>ticipates pursuant to a treaty to :i* ! ,unit$ ,/ates is a p>ty4 4 #c4 ,biannual congressional te/imony on int]actions ) global f9ancial regulatory or sup]visory =ums ,p>agraph 7#ab7 ( section #aj ( ! ,f$]al ,res]ve ,act 7#ab ,u4,s4,c4 #bdg;b7 is am5d$ by ins]t+ be=e ! p]iod at ! end ! foll[+3 & ) respect to ! conduct ( int]actions at global f9ancial regulatory or sup]visory =ums 7z def9$ 9 p>agraph 7#g77;,c774 ,febru>y #be1 #bjbf,report$ ) an am5dm5t1 committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union1 & ord]$ to be pr9t$