The Federal Reserve Board proposes rule to set data standards for financial regulators, seeking public comment within 60 days.
The Federal Reserve Board seeks public comment on a proposed rule to set data standards for info collections submitted to financial regulators. Supported by other agencies, this initiative aims to enhance interoperability and is part of the 2022 Financial Data Transparency Act. Comments must be submitted within 60 days of the proposal's publication in the Federal Register. The final standards, once established, will be adopted by the Board for specific information collected by it.
August 02, 2024
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