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| CFPB | RIN: 3170-AB25 | Publication ID: Spring 2025 |
| Title: Personal Financial Data Rights Supplemental Rulemaking | |
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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 final rule to implement section 1033 in October 2023. In that final rule, the CFPB prioritized Regulation E accounts, Regulation Z credit cards, and payment facilitation products and services for coverage in the rule. The CFPB continues to consider how it will implement CFPA section 1033 with respect to other consumer financial products and services through other rulemaking and is withdrawing this entry. |
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| Agency: Consumer Financial Protection Bureau(CFPB) | Priority: Substantive, Nonsignificant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Completed Actions |
| Major: Undetermined | Unfunded Mandates: No |
| EO 14192 Designation: Other | |
| CFR Citation: 12 CFR 1033 | |
| Legal Authority: 12 USC 5533 | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: Undetermined |
| Small Entities Affected: Businesses | Federalism: No |
| Included in the Regulatory Plan: No | |
| RIN Data Printed in the FR: No | |
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Agency Contact: Thomas L. Devlin Office of Regulations Consumer Financial Protection Bureau Washington, DC 20552 Phone:202 435-7700 |
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