To require transparency from the Federal financial regulators with respect to international meetings, negotiations, and agreements, and for other purposes.
About This Bill
Committee
Latest Action · July 14, 2023
Referred to the House Committee on Financial Services.
International Regulatory Transparency and Accountability Act
This bill requires financial regulators to make certain disclosures related to international meetings, negotiations, and agreements. Specifically, financial regulators must notify Congress and the public of the details of an international negotiation prior to entering into the negotiation. Financial regulators also must (1) report to Congress the rationale, objectives, and the potential impacts of positions taken on matters before international regulatory bodies; and (2) publish summaries of meetings with international financial organizations. Finally, international agreements with an international financial organization require a public comment period.
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