Why do developments in reporting, data and digitisation matter to investors – and why join us for the latest insights at Data Amplified?
The International Accounting Standards Board (IASB) is seeking feedback on its priorities for the next five years – marking the third time it has consulted the public to create its work plan.
With the EU’s Sustainable Finance Disclosure Regulation (SFDR) now in force since 10 March 2021, Workiva – XBRL software provider and XBRL International sustaining partner – have some valuable insights on SFDR, its implications for business, and the development of environmental, social and governance (ESG) reporting.
The Financial Stability Board (FSB) has published its final report on the impacts of too-big-to-fail (TBTF) reforms for systemically important banks (SIBs), implemented following the global financial crisis. It found that the reforms have made banks more resilient and resolvable, and have reduced systemic and moral hazard risk.
The US Financial Accounting Standards Board (FASB) has produced a new fact sheet in its ‘FASB in Focus’ series, titled ‘XBRL: What is it? Why the FASB? Who uses it?.’ It’s a great introduction to XBRL and digital reporting, particularly from the US perspective.
Do you use artificial intelligence (AI) to analyse data? Are robots your new best friends, or do you have concerns about the risks and challenges? If you’re in the US, the government wants to hear from you.
The Depository Trust & Clearing Corporation (DTCC) has outlined a new three-pronged plan for greater global data harmonisation in derivatives trade reporting requirements. It aims to bring greater transparency and better monitoring of systemic risk to the over-the-counter (OTC) derivatives market, reflecting goals envisioned by the G20.
The People’s Bank of China (PBOC) has proposed a set of global rules for central bank digital currencies (CBDCs), covering how they can be used around the world as well as monitoring and information sharing.
The XBRL Standards Board has approved the publication of an update to the XBRL Formula Functions Registry. This update includes the addition of new draft functions to support the planned adoption of xBRL-CSV by a number of regulators around the world.
The World Economic Forum (WEF) has published a letter to CEOs in support of the organisations working to achieve a globally accepted set of environmental, social and governance (ESG) reporting standards, particularly the creation of a Sustainability Standards Board (SSB) being led by the International Financial Reporting Standards (IFRS) Foundation.