The Commodity Futures Trading Commission has issued a final rule establishing joint data standards under the Financial Data Transparency Act of 2022 for data submitted to certain financial regulatory agencies. The measure is intended to make regulatory data more interoperable across agencies by aligning how key information is identified and transmitted, supporting more consistent and machine-readable reporting. The standards introduce common identifiers for entities, geographic locations, dates, and certain products and currencies. They also include a principles-based joint standard for data transmission and for schema and taxonomy formats. Eight additional agencies have established or are expected to act on the joint standards: the Board of Governors of the Federal Reserve System, the Securities and Exchange Commission, the Consumer Financial Protection Bureau, the Department of the Treasury, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the National Credit Union Administration, and the Office of the Comptroller of the Currency.
Commodity Futures Trading Commission2026-06-08
Commodity Futures Trading Commission adopts joint data standards for interoperable regulatory reporting under the Financial Data Transparency Act
The Commodity Futures Trading Commission has adopted a final rule establishing joint data standards under the Financial Data Transparency Act of 2022 for data submitted to certain financial regulatory agencies. The rule introduces common identifiers for entities, locations, dates, products and currencies, and sets principles-based standards for data transmission and taxonomy formats to support interoperable, machine-readable reporting. Eight other U.S. financial regulators have established or are expected to act on the joint standards.