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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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
International Regulatory Transparency and Accountability Act
USA118th CongressHR-4642| House
| Updated: 7/14/2023
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.