Proposed CFPB Rule on Personal Financial Data Rights

Required Rulemaking on Personal Financial Data Rights

CFPA section 1033 provides that, subject to rules prescribed by the CFPB, a covered entity (for example, a bank) must make available to consumers, ...

CFPB Releases Final Rule on Personal Financial Data Rights

The final rule generally requires depository institutions and certain other companies to make several pieces of a consumer's personal financial data available ...

CFPB Finalizes Section 1033 Rule on Personal Financial Data Rights

With respect to the “reasonably necessary” standard, the CFPB is effectively prohibiting third parties from using covered data obtained from a ...

The CFPB's Final Rule on Personal Financial Data Rights

The CFPB has issued a final rule implementing Section 1033 of the CFPA, which addresses personal financial data rights.

CFPB Finalizes Personal Financial Data Rights Rule - Arnold & Porter

§ 5533, which requires covered financial institutions, known as “data providers” in the final rule, to provide consumers and their authorized ...

Required Rulemaking on Personal Financial Data Rights

The Consumer Financial Protection Bureau (CFPB) is proposing a rule to implement personal financial data rights under the Consumer Financial ...

CFPB Issues Final Rule on Personal Financial Data Rights

CFPB Issues Final Rule on Personal Financial Data Rights · The scope of covered data providers may extend beyond banks and financial service ...

Executive Summary of the Personal Financial Data Rights Rule

On October 19, 2023, the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking regarding personal financial ...

Required Rulemaking on Personal Financial Data Rights; Industry ...

The Consumer Financial Protection Bureau (CFPB) is finalizing in part its proposed rule on consumer data rights under section 1033 of the ...

CFPB Proposes Rule to Jumpstart Competition and Accelerate Shift ...

Under the proposed Personal Financial Data Rights rule, people would have the power to share data about their use of checking and prepaid ...

The CFPB's proposed data sharing rule: How banking insiders are ...

In October of 2023, the Consumer Financial Protection Bureau finally released its proposed rule on Personal Financial Data Rights.

CFPB Launches Process to Recognize Open Banking Standards

As part of the upcoming Personal Financial Data Rights rule, the CFPB expects to allow companies to use technical standards developed by ...

Proposed CFPB Rule on Personal Financial Data Rights

On October 19, 2023, the Consumer Financial Protection Bureau released a proposed rule that marks the CFPB's first rulemaking under section ...

CFPB Issues Proposed 'Personal Financial Data Rights' Rule | Insights

On Oct. 19, 2023, the CFPB released a proposed rule that, if finalized in its present form, would require covered financial institutions to ...

CFPB Finalizes Personal Financial Data Rights Rule 1033

Similar to the Proposed Rule, the Final 1033 Rule sets forth obligations for data providers and third parties with respect to certain consumer ...

CFPB finalizes sweeping Personal Financial Data Rights Rule

The Consumer Financial Protection Bureau has issued a Final Rule establishing “open banking” and interoperability requirements for bank and non-bank financial ...

Understanding the CFPB's Personal Financial Data Rights Rule

On October 22, 2024, the Consumer Financial Protection Bureau (CFPB) issued the final Personal Financial Data Rights Rule (the final rule) ...

CFPB Issues Final Section 1033 Open Banking Rule

Data Access and Use: The final rule provides third parties with limited ability to engage in secondary uses of consumer-permissioned data, such ...

CFPB Finalizes Rule to Boost Consumer Data Access

The CFPB's new rule will require financial institutions to give ... The CFPB's final rule, called the “Personal Financial Data Rights Rule ...

CFPB Finalizes Strong Personal Financial Data Rights Rule with ...

The new rule gives consumers more control over their own financial information, empowering individuals to access their financial information and share it with ...