Master account and services database

In this section: The term “access request” means a request to a Federal reserve bank for access to a reserve bank master account and services, including any written documentation or formal indication that an entity intends to seek access to a reserve bank master account and services. The term “official accountholder” means— The term “reserve bank master account and services” means an account in which a Federal reserve bank— The Board shall create and maintain a public, online, and searchable database that contains— a list of every entity that submits an access request for a reserve bank master account and services after enactment of this section (or that has submitted an access request that is pending on December 23, 2022), including whether, and the dates on which, a request— for each list described in subparagraph (A) or (B), the type of entity that holds or submitted an access request for a reserve bank master account and services, including whether such entity is— Not less frequently than once every quarter, the Board shall update the database to add any new information required under paragraph (1). Not later than 180 days after December 23, 2022, the Board shall publish the database with the information required under paragraph (1).