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TREAS/OCC RIN: 1557-AF22 Publication ID: Fall 2023 
Title: ●Financial Data Transparency Act 

The Department of the Treasury, Federal Reserve Board, OCC, CFPB, SEC, FDIC, FHFA, and the NCUA are coordinating efforts on a proposed rule establishing data standards for the collections of information reported to each agency by financial entities under their jurisdiction, and the data collected from the agencies on behalf of the Financial Stability Oversight Council (FSOC). The proposed rule would implement the requirements of section 124 to the Financial Stability Act of 2010 (12 U.S.C. 5321 et seq.), which was added by the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023 (NDAA). The NDAA requires the agencies to jointly issue proposed rules within 18 months of the NDAA’s enactment, and final rules within two years of enactment.

Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
CFR Citation: Not Yet Determined     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 12 U.S.C. 5334    12 U.S.C. 1752 et seq.   
Legal Deadline:
Action Source Description Date
Final  Statutory  Joint Final Rule  12/23/2024 
NPRM  Statutory  Joint NPRM  06/23/2024 

Overall Description of Deadline: 12 U.S.C. 5334 requires the covered agencies to jointly issue proposed rules within 18 months of enactment and final rules within two years of enactment.

Action Date FR Cite
NPRM  06/00/2024 
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:
Allison Hester-Haddad
Special Counsel
Department of the Treasury
Comptroller of the Currency
Chief Counsel's Office, 400 7th Street SW.,
Washington, DC 20219
Phone:202 649-7810