AWACSMortgage compliance intelligence from Flightline

CFPB · Final rule FR Doc. 2026-12787 · Published

Financial Data Transparency Act Joint Data Standards (final joint rule)

Nine federal agencies, including the CFPB and FHFA, establish joint data standards (LEI, UPI, CFI, ISO 8601 dates, USPS state codes, GENC country codes, ISO 4217 currency codes, and data transmission format properties). The standards apply only to the agencies and change no reporting requirements for lenders or other entities unless an agency later adopts them in separate rulemaking.

InformationalEffective Oct 1, 2026All checks passedRead the rule ↗ (opens in a new tab)

Loan impact

From the rule text · verified

Applies to: The joint standards apply only to the agencies themselves and do not change reporting obligations of lenders or other entities unless an agency later adopts them.

Exceptions
No change to existing reporting requirements of any person or entity
Effective
Oct 1, 2026
Applicability confidence
Verified: every row above is supported by the source text
Supporting quotes from the rule
  • exceptions“At the effective date, the joint rule will not change any reporting requirements without further action by the agencies.”

What changed

From the rule text · Sections 12 CFR 1077 (common rule § _.2(a)(1)), 12 CFR 1077 (common rule § _.2(a)(2)), 12 CFR 1077 (common rule § _.2(a)(3)), 12 CFR 1077 (common rule § _.2(b)), II.C.2
RequirementPreviouslyNow
Legal entity identifier joint standardNewSection 12 CFR 1077 (common rule § _.2(a)(1))New requirementISO 17442 Legal Entity Identifier (LEI) established as the joint legal entity identifier standard for the agencies
Unique product identifier for swapsNewSection 12 CFR 1077 (common rule § _.2(a)(2))New requirementISO 4914 UPI established for identification of swaps and security-based swaps
Data transmission and schema and taxonomy format standardNewSection 12 CFR 1077 (common rule § _.2(a)(3))New requirementAgencies establish a data standard that the data transmission or schema and taxonomy format used have specified properties
Agency consideration and tailoring of standardsClarifiedSection 12 CFR 1077 (common rule § _.2(b))New requirementAgencies may tailor the data standards they adopt or adopt standards not established by the rule
FIGI not established as joint standardRemovedSection II.C.2Previously: FIGI was proposed as the identifier for financial instrumentsNo common financial instrument identifier is established

What to do

AWACS interpretation · not source language

QC implications

  • No lender reporting requirements change at the effective date, so QC has no new test points from this rule alone.
  • QC may confirm that no internal reporting or delivery checks were changed because of this rule unless an agency later adopts these standards in separate rulemaking.

Source and record

Version 1 · archived

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  • Loan impact quotes verbatim
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