; and (B) the first and late date on which such individual held each position described in subparagraph (A). (2) Limitation Paragraph (1) shall not apply to an individual who, during the 5-year period immediately proceeding an appointment or the date of a contract described in such paragraph, was not a financial executive officer. 5. Training requirement for employees of covered agencies (a) In general Not later than 1 year after the date of the enactment of this Act, and annually thereafter, each covered agency shall provide a training described in subsection (b) to each senior agency employee. (b) Training requirements The training required under subsection (a) shall include information regarding— (1) avoiding conflicts of interest with respect to insured depository institutions and insured credit unions; (2) ethical standards required by the agency providing such training; (3) any obligations of senior agency employees under section 2635.502 of title 5, Code of Federal Regulations (or any successor regulations); (4) any legal protections for a whistleblower who reports a violation of the provisions of this Act, including— (A) protections against retaliation; and (B) any incentive available to a whistleblower for reporting such violation; and (5) such other matters, as determined by the head of the agency providing such training. 6. Review of insured depository institution and insured credit union compliance and policies Not later than 1 year after the date of the enactment of this Act and every 2 years thereafter, each head of a covered agency shall conduct a review of each insured depository institution and insured credit union to— (1) determine if such institution or credit union is in compliance with the requirements of this Act