On August 8 the Securities and Exchange Commission (SEC) published a proposed amendment, the Modernization of Regulation S-K, which aims to revise and modernise Regulation S-K, which governs a host of non-financial disclosures by US registrants.
In a significant step forward for municipal reporting standards this week the California Assembly passed a bill that will set the state on the path to machine-readable reporting.
The Japanese Financial Services Agency (JFSA) has a bold plan to put Suptech (supervisory technology) to use in improving the sophistication and efficiency of its financial supervision.
The Danish Business Authority, one of Early Warning Europe’s 15 partners has developed a machine learning tool that uses publicly available accounting data to identify companies in financial distress.
The 10th XBRL Asia Round Table was held within a joint program with the Asian Development Bank (ADB) in Tokyo this week. Amongst many other presentations, delegations from the Japanese FSA, the Central Bank of the Russian Federation, the Reserve Bank of India, and the U.S. Federal Deposit Insurance Corporation shared their strategies for regulatory modernisation and digitisation.