Windsor Drake Market Intelligence
Regulatory · Financial Data / Open Banking · 2023

CFPB proposes section 1033 rule on personal financial data rights

Consumer Financial Protection Bureau issued Proposed rule on October 19, 2023.

Primary
Consumer Financial Protection Bureau
Structure
Proposed rule
Date
October 19, 2023
Sub-sector
Financial Data / Open Banking

CFPB rule requires data providers to share consumer transaction and account data with authorized third parties, accelerating open banking adoption and giving consumers control over financial data.

Primary company
Consumer Financial Protection Bureau
Counterparty
Not disclosed
Amount
Not disclosed
Event date
October 19, 2023
Sub-sector
Financial Data / Open Banking
HQ
Not disclosed
Structure
Proposed rule
Source published
November 1, 2023
Publisher
Mondaq / Goodwin Procter LLP

Source: mondaq.com

Other regulatory events in Financial Data / Open Banking

Primary Event type Counterparty Value Sub-sector Date
Bank for International Settlements Regulatory Financial Data / Open Banking June 1, 2026
Marquis Regulatory Financial Data / Open Banking August 1, 2025
Consumer Financial Protection Bureau Regulatory JPMorgan Chase Financial Data / Open Banking October 23, 2024
Consumer Financial Protection Bureau Regulatory Bank Policy Institute Financial Data / Open Banking October 22, 2024
Consumer Financial Protection Bureau Regulatory Financial Data / Open Banking October 1, 2024
ING Bank (Australia) Limited Regulatory Australian Competition and Consumer Commission (ACCC) Financial Data / Open Banking December 16, 2022