non-custodial wallet providers, or software or hardware development. (4) Tangible net worth and permissible investment requirements. (5) Disclosures, reporting, and recordkeeping. (6) Common examination and examiner training standards, including common customer identification, anti-money laundering, and sanctions best practices developed in consultation with the Financial Crimes Enforcement Network and the Office of Foreign Assets Control. (b) Regulations If the Director of the Bureau of Consumer Financial Protection determines that a State does not have the requirements of subsection (a) in effect by law (including regulations) that are substantively consistent with the requirements of the several States on the date that is 2 years after the date of enactment of this section, the Director shall adopt rules applicable to that State that achieve the purposes of subsection (a) and that are consistent with the standards adopted in the States that have the requirements of subsection (a) in effect. The Director may extend the deadline under this section for not more than 1 year if a State has shown a good faith effort towards implementation. The Director may promulgate regulations to monitor State compliance with this subsection. 903. Information sharing among Federal and State financial regulators Subtitle C of title VII of the Gramm-Leach-Bliley Act ( Public Law 106–102