usc 12 § 5498
Data standards (BANKS AND BANKING (12 U.S.C.))
Operative Text
The Bureau shall, by rule, adopt data standards for all collections of information that are regularly filed with or submitted to the Bureau. 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 , including, to the extent practicable, by having the characteristics described in clauses (i) through (vi) of subsection (c)(1)(B) of such section 5334.
Under 12 U.S.C. § 5498, the Consumer Financial Protection Bureau is required to establish standardized formats and structures for data that entities regularly submit to it. These standards must also be designed to align and remain compatible, as much as feasible, with broader federal data standards set under related rules, including specific technical characteristics outlined in 12 U.S.C. § 5334. The provision aims to promote consistency and interoperability across financial regulatory data reporting.
Plain English — not legal advice.
While 12 U.S.C. § 5498 is primarily a directive to the CFPB rather than to property owners, landlords who submit information to the Bureau as part of any regulated reporting obligation should be aware that such submissions are governed by formally adopted data standards. Compliant operators generally monitor CFPB rulemaking to ensure their data submission systems and formats align with any standards the Bureau adopts under this provision. Staying current with CFPB guidance on data formatting helps ensure that required filings are accepted and processed without technical issues.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
12 U.S.C. § 5498 governs how the CFPB structures and standardizes the data it collects from regulated entities, which can affect the quality and consistency of information the Bureau uses when overseeing consumer financial markets. Tenants and consumers benefit indirectly when standardized data allows the CFPB to more effectively identify patterns of potential violations or noncompliance. Those with concerns about how financial or housing-related data is being reported to the CFPB may find it useful to consult a tenant-rights organization or review publicly available CFPB rulemaking documents related to this provision.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated September 13, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
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