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CFPB RIN: 3170-AB25 Publication ID: Spring 2024 
Title: ●Personal Financial Data Rights Supplemental Rulemaking 
Abstract:

Section 1033 of the Consumer Financial Protection Act (CFPA) provides that, subject to rules prescribed by the CFPB, a covered entity (for example, a bank) must make available to consumers, upon request, transaction data and other information concerning a consumer financial product or service that the consumer obtains from the covered entity. Section 1033 also states that the CFPB must prescribe by rule standards to promote the development and use of standardized formats for information made available to consumers. The CFPB released a Notice of Proposed Rulemaking (NPRM) to implement section 1033 in October 2023. In that NPRM, the CFPB proposed to prioritize Regulation E accounts, Regulation Z credit cards, and payment facilitation products and services for coverage in the rule. The CFPB continues to review comments on its NPRM and is considering how it will implement CFPA section 1033 with respect to other consumer financial products and services through supplemental rulemaking.

 
Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Long-Term Actions 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 10 CFR 1033   
Legal Authority: 12 USC 5533   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Not Yet Determined  07/00/2025 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: Undetermined 
Federalism: Undetermined 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Thomas L. Devlin
Office of Regulations
Consumer Financial Protection Bureau
Washington, DC 20552
Phone:202 435-7700