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Federal ReserveGeneralJune 25, 2026

Multi-Agency Final Rule Sets Common Data Standards for Financial Regulators

Nine federal financial regulators — including OCC, FDIC, CFTC, SEC, and Treasury — finalized a joint rule establishing interoperable data standards for regulatory reporting under the Financial Data Transparency Act of 2022. No reporting requirements change immediately; future rulemakings will incorporate these standards into specific collections. Compliance teams should track follow-on rulemakings, as this framework will eventually affect how regulated entities submit data to multiple agencies.

What to do

  • Log this rule as a foundational framework item and assign someone to monitor each agency's follow-on rulemakings that will embed these standards into actual reporting obligations.

Who this affects

Bank / Credit UnionBroker-Dealer / RIACrypto ExchangeCrypto CustodianTrust CompanyPayments Company

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Source

Read the official publication

This radar entry is educational and does not constitute legal advice. Summaries are AI-assisted and grounded in the linked official source; always verify against the primary source and consult qualified legal counsel for jurisdiction-specific guidance.

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