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12 U.S.C. § 5499 — Annual audits
Federal law — U.S. Code and appendices · legal_authorities
**(a) Annual independent audit** The Bureau shall order an annual independent audit of the operations and budget of the Bureau.
**(b) Annual GAO audit** The Comptroller General of the United States shall conduct an annual audit of the Bureau’s financial statements in accordance with generally accepted government accounting standards.
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Source location: Title 12, Chapter 53, § 5499; chapter-053-wall-street-reform-and-consumer-protection.md
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**(a) Annual independent audit** The Bureau shall order an annual independent audit of the operations and budget of the Bureau.
**(b) Annual GAO audit** The Comptroller General of the United States shall conduct an annual audit of the Bureau’s financial statements in accordance with generally accepted government accounting standards.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Requirement** The Bureau shall, by rule, adopt data standards for all collections of information that are regularly filed with or submitted to the Bureau.
**(b) Consistency** 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 [section 5334 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section5334&num=0&edition=prelim), including, to the extent practicable, by having the characteristics described in clauses (i) through (vi) of subsection (c)(1)(B) of such section 5334.
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Federal law — U.S. Code and appendices · legal_authorities
Page 1955
TITLE 12—BANKS AND BANKING
§ 5512
tion], or the amendments made by this subtitle, shall
be construed to require the Bureau of Consumer Finan-
cial Protection to collect or make publicly available
additional information under the Consumer Financial
Protection Act of 2010 (12 U.S.C. 5481 et seq.), beyond in-
formation that was collected or made publicly avail-
able under that Act, as of the day before the date of en-
actment of this Act [Dec. 23, 2022].’’
§ 5499. Open data publication
All public data assets published by the Bureau
shall be—
(1) made available as an open Government
data asset (as defined in section 3502 of title
44);
(2) freely available for download;
(3) rendered in a human-readable format;
and
(4) accessible via application programming
interface where appropriate.
(Pub. L. 111–203, title X, § 1019, as added Pub. L.
117–263, div. E, title LVIII, § 5851(a)(2), Dec. 23,
2022, 136 Stat. 3433.)
Statutory Notes and Related Subsidiaries
RULE OF CONSTRUCTION REGARDING NO NEW
DISCLOSURE REQUIREMENTS
Enactment of section not to be construed to require
certain additional information to be collected or dis-
closed, see section 5853 of Pub. L. 117–263, set out as a
note under section 5498 of this title.
PART B—GENERAL POWERS OF THE BUREAU
§ 5511. Purpose, objectives, and functions
(a) Purpose
The Bureau shall seek to implement and,
where applicable, enforce Federal consumer fi-
nancial law consistently for the purpose of en-
suring that all consumers have access to mar-
kets for consumer financial products and serv-
ices and that markets for consumer financial
products and services are fair, transparent, and
competitive.
(b) Objectives
The Bureau is authorized to exercise its au-
thorities under Federal consumer financial law
fo
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