Regtech Officials Expect Action Soon on Financial Transparency Act

April 27, 2019

Regtech officials anticipate congressional action soon on bipartisan legislation, the Financial Transparency Act, which Nick Hart, CEO of The Data Coalition, says will be a “game changer” and “really sets the stage for standardizing financial reporting across eight federal agencies.”


Hart made his comment at the Regtech Data Summit, which was held in New York on Tuesday.

The Financial Transparency Act is “not about new data collection; it’s really just about better using the data that we’re already collecting and changing the processes and strategies to make those data useful,” Hart said in his opening remarks.
















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