United States of America: Opened consultation on CFPB Personal Financial Data Rights Rule
Description
Opened consultation on CFPB Personal Financial Data Rights Rule
On 19 October 2023, the Consumer Financial Protection Bureau (CFPB) opened a consultation as part of its rulemaking proposing a Personal Financial Data Rights rule. The rule would create consumer rights granting control over their personal financial…
Scope
Policy Area
Data governance
Policy Instrument
Data protection regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
consumer protection authority
Complete timeline of this policy change
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2022-10-27
in consultation
2023-01-25
processing consultation
2023-10-19
in consultation
2023-12-29
processing consultation
2024-10-22
adopted
2026-04-01
in force
2027-04-01
in force
2028-04-01
in force
2029-04-01
in force