(a) Reporting to the Bureau.
(1) Annual reporting.
(i) On or before June 1 following the
calendar year for which data are compiled and maintained as required
by section 1002.107, a covered financial institution shall submit
its small business lending application register in the format prescribed
by the Bureau.
(ii)
An authorized representative of the covered financial institution
with knowledge of the data shall certify to the accuracy and completeness
of the data reported pursuant to this paragraph (a).
(iii) When the last day for submission
of data prescribed under paragraph (a)(1) of this section falls on
a Saturday or Sunday, a submission shall be considered timely if it
is submitted on the next succeeding Monday.
(2) Reporting by subsidiaries. A covered financial institution that
is a subsidiary of another covered financial institution shall complete
a separate small business lending application register. The subsidiary
shall submit its small business lending application register, directly
or through its parent, to the Bureau.
(3) Reporting
obligations where multiple financial institutions are involved in
a covered credit transaction. Where it is necessary for more
than one financial institution to make a credit decision in order
to approve a single covered credit transaction, only the last covered
financial institution with authority to set the material terms of
the covered credit transaction is required to report the application.
Financial institutions report the actions of their agents.
(b) Financial institution
identifying information. A financial institution shall provide
each of the following with its submission:
(1) Its name.
(2) Its headquarters address.
(3) The name and business
contact information of a person that the Bureau or other regulators
may contact about the financial institution’s submission.
(4) Its federal prudential
regulator, if applicable.
(5) Its Federal Taxpayer Identification Number (TIN).
(6) Its Legal Entity Identifier (LEI).
(7) Its Research, Statistics,
Supervision, and Discount identification (RSSD ID) number, if applicable.
(8) Parent entity information,
if applicable, including:
(i) The name of the immediate parent
entity;
(ii) The LEI
of the immediate parent entity, if available;
(iii) The RSSD ID number of the immediate
parent entity, if available;
(iv) The name of the top-holding parent
entity;
(v) The LEI
of the top-holding parent entity, if available; and
(vi) The RSSD ID number of the top-holding
parent entity, if available.
(9) The type of financial institution that
it is, indicated by selecting the appropriate type or types of institution
from the list provided.
(10) Whether the financial institution is voluntarily reporting covered
applications from small businesses.
(c)
Procedures for the submission of data to the
Bureau. The Bureau shall make available a filing instructions
guide, containing technical instructions for the submission of data
to the Bureau pursuant to this section, as well as any related materials,
at
https://www.consumerfinance.gov/data-research/small-business-lending/filing-instructions-guide/.
