Federal Reserve Board announces final rule that establishes data standards for certain information collections

The Federal Reserve Board, in coordination with other federal financial regulatory agencies, issued a final rule establishing data standards for identifiers of legal entities and other data elements in regulatory information collections. This rule implements the Financial Data Transparency Act of 2022 and aims to promote interoperability of financial regulatory data across agencies by standardizing data formats. The final rule reflects public feedback received on the August 2024 proposal and maintains general similarity to the initial draft.

FRB published 4 documents in the last 30 days — get each new one by email the day it lands.

An official website of the United States Government Official websites use .gov A .gov website belongs to an official government organization in the United States. Secure .gov websites use HTTPS A lock ( ) or https:// means you've safely connected to the .gov website. Share sensitive information only on official, secure websites.

Sections

Search Submit Button

Press Release

June 11, 2026

Federal Reserve Board announces final rule that establishes data standards for certain information collections

For release at 11:00 a.m. EDT

The Federal Reserve Board on Thursday announced a final rule that establishes data standards for certain information collections submitted to financial regulatory agencies. In addition to the Board, the standards have been approved by several other federal financial regulatory agencies.

The standards are designed to promote interoperability of financial regulatory data across agencies by establishing data standards for identifiers of legal entities and other data elements. The final rule is generally similar to the proposal from August 2024, with changes reflecting feedback received from the public. It is part of the implementation of the Financial Data Transparency Act of 2022.

For media inquiries, please e-mail media@frb.gov or call (202) 452-2955.

Federal Register notice: Financial Data Transparency Act Joint Data Standards (PDF)

Board Memo (PDF)

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: Federal Reserve Board — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works