FDTA

Government Financial Reporting – Data Standards and the Financial Data Transparency Act

3:00 PM ET Tuesday, January 24, 2023
XBRL US Webinar
Watch / listen now

The U.S. Congress passed legislation on December 15, 2022 that includes requirements for the Securities and Exchange Commission to adopt data standards related to municipal securities. The Financial Data Transparency Act (FDTA) aims to improve transparency in government reporting, while minimizing disruptive changes and requiring no new disclosures. The University of Michigan’s Center for Local […more]

Legislation

Financial Data Transparency Act (FDTA) On December 23, 2022, President Biden signed into law H.R. 7776, the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023 which includes TITLE LVIII, the Financial Data Transparency Act (FDTA). The FDTA calls for the use of data standards by member agencies of the U.S. Financial Stability […more]