US Reg Roundup: 23/4/2026
Federal Reserve/ Securities and Exchange Commission (SEC)
Fed Board and SEC announces final rule that establishes data standards for certain information collections
11 June 2026
The Federal Reserve and SEC announced a final rule that establishes data standards for certain information collections submitted to financial regulatory agencies, as part of the implementation of the Financial Data Transparency Act of 2022. Effective October 1, 2026, the rule adopts several widely recognized data standards, including the Legal Entity Identifier (LEI) for identifying entities, the Unique Product Identifier (UPI) for swaps, the Classification of Financial Instruments (CFI) for classifying other financial products, and specific ISO and U.S. government standards for dates, currencies, countries, and geographic locations.