India’s largest stock exchange has moved to require Earnings Releases in XBRL format. Provision of earnings data in structured, consumable and comparable form is exactly what analysts and investors need.
New RegTech legislation would oblige US regulators to use common standards, common definitions and common identifiers. Information would be made available as part of government Open Data efforts.
Japan has recognised Bitcoin as a legal method of payment. The country has also passed legislation that exempts the exchange, or purchase of Bitcoin from consumption tax.
Accelerating the modernisation of securities regulation in the Gulf region, Kuwait’s Capital Markets Authority recently announced details of its soon to be released XBRL reporting platform.