; and (ii) any requirement that the Commission may impose by rule or regulation pursuant to section 8a(5). (B) Reasonable discretion of repository Unless otherwise determined by the Commission by rule or regulation, a swap data repository or a digital asset repository of transactions described in subparagraph (A) shall have reasonable discretion in establishing the manner in which the swap data repository or the digital asset repository of transactions complies with the core principles described in this section. (b) Standard setting (1) Data identification (A) In general In accordance with subparagraph (B), the Commission shall prescribe standards that specify the data elements for each swap or digital asset that shall be collected and maintained by each registered swap data repository or digital asset repository of transactions, respectively. (B) Requirement In carrying out subparagraph (A), the Commission shall prescribe consistent data element standards applicable to registered entities and reporting counterparties. (2) Data collection and maintenance The Commission shall prescribe data collection and data maintenance standards for swap data repositories and digital asset trade repositories. (3) Comparability The standards prescribed by the Commission under this subsection shall be comparable to the data standards imposed by the Commission on derivatives clearing organizations in connection with the clearing of swaps or digital assets, as appropriate. (c) Duties A swap data repository or a digital asset repository of transactions shall— (1) accept data prescribed by the Commission for each swap or digital asset transaction under subsection (b), respectively; (2) confirm with both counterparties to the swap or the digital asset transaction the accuracy of the data that was submitted; (3) maintain the data described in paragraph (1) in such form, in such manner, and for such period as may be required by the Commission