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Posts tagged as ‘LEI


 

GSA Asks How to Break DUNS Monopoly


Last Friday, the General Services Administration, which manages the government-wide database of grantees and contractors and which administers the government-wide contract with D&B, released a Request for Information on alternatives to the DUNS Number.

 

Third Annual DATA Act Summit: A critical tipping point reached, but big challenges remain to be solved in 2017


The DATA Act, the nation’s first open data law, hit two major milestones this May. Not only did it celebrate its two-year anniversary since being signed into law by President Obama on May 9th, 2014, but we are now seeing federal agencies, the White House, Congress, and the private sector embracing the law’s vision for government-wide spending transparency as a very real inevitability.

 

Replacing Financial Reports with Data Could Save Billions


Washington, D.C. - Financial expert Allan Mendelowitz today estimated that if U.S. financial regulatory agencies adopted consistent data formats for the information they collect, instead of using today’s document-based reports, a typical large investment firm could save "20 to 30 percent of operating expenses, or $200 to $300 million annually,” with similar savings across the whole financial industry.

 

Tech Industry Applauds Introduction of Financial Transparency Act of 2015


The bill directs the Treasury Department's Office of Financial Research to set data standards, including a common identification code for regulated entities, for the whole financial regulatory sector. It also directs the eight other agency members of the Financial Stability Oversight Council, including the Securities and Exchange Commission and Commodity Futures Trading Commission, to adopt data standards for the regulatory information they collect, and to follow the OFR's lead where applicable.

 

Rep. Quigley’s Newly Introduced Transparency in Government Act Represents Huge Strides for Data Transparency


Congressman Mike Quigley kicked off Sunshine Week with the introduction of H.R. 1381, the Transparency in Government Act of 2015 (TGA). The legislation contains provisions that will continue the push for the federal government to become more transparent and manage itself more effectively through the use of technology.