Opportunity
Federal Register #2026-12787
Joint Rule Establishing Financial Data Standards for Federal Regulatory Agencies
Buyer
Federal Agencies
Posted
June 25, 2026
Identifier
2026-12787
This opportunity involves a final joint rulemaking by major federal financial regulatory agencies to establish data standards for regulatory data, as mandated by the Financial Data Transparency Act of 2022. - Government buyers: - Office of the Comptroller of the Currency (OCC) - Board of Governors of the Federal Reserve System - Federal Deposit Insurance Corporation (FDIC) - National Credit Union Administration (NCUA) - Consumer Financial Protection Bureau (CFPB) - Federal Housing Finance Agency (FHFA) - Commodity Futures Trading Commission (CFTC) - Securities and Exchange Commission (SEC) - Department of the Treasury - No OEMs or vendors are named, as this is a regulatory action, not a procurement - No products or services are being requested or procured - The rule establishes a framework for future data standards, focusing on: - Interoperability and data sharing across agencies - Standards for data formats (e.g., ISO 8601 for dates) - Identifiers (e.g., FIGI, CUSIP) - Taxonomies and open, nonproprietary standards - The rule does not change any reporting requirements at this time; future changes will be addressed in subsequent rulemakings - Notable requirements: - Emphasis on open, nonproprietary data standards - Consideration of industry-standard identifiers and formats - Agencies will implement these standards in future information collections
Description
The OCC, Board, FDIC, NCUA, CFPB, FHFA, CFTC, SEC, and Treasury have published a final joint rule to establish data standards aimed at promoting interoperability of financial regulatory data across these agencies. These standards will be considered for potential incorporation into data standards for certain collections of information in separate rulemakings by the agencies. The joint rule does not change any reporting requirements at the effective date without further agency action. This rule is published as required by the Financial Data Transparency Act of 2022.