Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act requires supervisory agencies to assess their technological.
Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act mandates that specific supervisory agencies assess their technological capabilities. These agencies must evaluate how existing technologies pose challenges to conducting real-time supervisory assessments. The bill also requires these agencies to assess procurement practices, identify opportunities to streamline procurement rules, and describe processes for obtaining information from supervised entities.
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- Legal Framework
- Critical Issues
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