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It is the OCC's policy to ensure and maximize the quality, objectivity, utility, and integrity of the information that it disseminates to the public. The OCC will take appropriate steps to incorporate information quality criteria into the OCC's information dissemination practices, and will ensure the quality of information the agency disseminates in accordance with the standards set forth in these guidelines.
The OCC is committed to integrating the principle of information quality into every step of the OCC's development of information, including creation, collection, maintenance, and dissemination. The OCC will comply with all legal and policy rules, regulations, directives, and guidance at every step of the process. High quality information must be a performance goal for all OCC information that is disseminated.
In assessing the usefulness of information disseminated to the public, consider the uses of the information from the perspective of the public. When transparency of information is relevant for assessing information's usefulness from the public's perspective, address transparency when developing and reviewing the information. (Transparent refers to the clear, obvious, and precise nature of the information.)
Objectivity involves two distinct elements, presentation and substance:
At the OCC, influential data/information is that which has a genuinely clear and substantial impact at the national level and on major public and private policy decisions as they relate to federal financial issues. The accuracy of this information is significant due to the critical nature of these decisions. An example of influential data within the OCC would be the Semiannual Risk Perspective report. Semiannual Risk Perspective reports focus on issues that pose threats to those financial institutions regulated by the OCC and are intended as a resource to the industry, examiners, and the public. For the purposes of this guidance, the OCC will develop function/program appropriate definitions for "influential" as the OCC develops processes for disseminating quality information.
Protect information from unauthorized access or revision, to prevent corruption or falsification of information. Comply with government-wide, Treasury-wide, and OCC security requirements and OMB Circulars A-123, A-127, and A-130 when disseminating information. In addition, comply with other regulation, depending on the nature of the information.