(a) Publication of small business
lending application registers and associated financial institution
information. The Bureau shall make available to the public generally
the data reported to it by financial institutions pursuant to section
1002.109, subject to deletions or modifications made by the Bureau
if the Bureau determines that the deletion or modification of the
data would advance a privacy interest. The Bureau shall make such
data available on an annual basis.
(b) Publication of aggregate data. The Bureau may compile and aggregate
data submitted by financial institutions pursuant to section 1002.109,
and make any compilations or aggregations of such data publicly available
as the Bureau deems appropriate.
(c) Statement of financial institution’s small business lending
data available on the Bureau’s website. A covered financial
institution shall make available to the public on its website, or
otherwise upon request, a statement that the covered financial institution’s
small business lending application register, as modified by the Bureau
pursuant to section 1002.110(a), is or will be available from the
Bureau. A financial institution shall use language provided by the
Bureau, or substantially similar language, to satisfy the requirement
to provide a statement pursuant to this paragraph (c).
(d) Availability of statements. A covered financial
institution shall make the notice required by paragraph (c) of this
section available to the public on its website when it submits a small
business lending application register to the Bureau pursuant to section
1002.109(a)(1), and shall maintain the notice for as long as it has
an obligation to retain its small business lending application registers
pursuant to section 1002.111(a).
(e) Further disclosure prohibited.
(1) Disclosure by a financial institution. A
financial institution shall not disclose or provide to a third party
the information it collects pursuant to section 1002.107(a)(18) and
(19) except to further compliance with the Act or this part or as
required by law.
(2) Disclosure by a third party. A third party
that obtains information collected pursuant to section 1002.107(a)(18)
and (19) for the purpose of furthering compliance with the Act or
this part is prohibited from any further disclosure of such information
except to further compliance with the Act or this part or as required
by law.
