Giant Leap for Global Trust: GLEIF creates LEI Digital Certificates, uses Inline XBRL Annual Report to demonstrate.
GLEIF Annual Report demonstrates conversion from Adobe Indesign, ESEF taxonomy multi-lingual capabilities.
Deutsche Bank have published an in-depth guide to the ISO 20022 migration set to bring standardisation to global payments infrastructure by 2025. The next few years will see payments infrastructure switch up as major central banks around the world modernise their systems by swapping to ISO 20022 for cross-border and inter-bank payments. This significant move […]
Labels are an essential part of an XBRL taxonomy, providing human-readable descriptions of the tags that it defines. XBRL provides a very flexible and powerful mechanism for defining labels, supporting labels of different types and in different languages. In order to help taxonomy creators define labels in a clear and consistent manner, the XBRL […]
Amid growing momentum for disclosures in alignment with the Task Force on Climate-related Disclosures (TCFD) recommendations, Japans Ministry of Economy, Trade and Industry (METI), Financial Services Agency and Ministry of Environment are launching a Japanese TCFD Consortium, which will develop an effective implementation for the TCFD recommendations in that country. The TCFD Consortium offers a platform […]
The SEC have proposed amendments to the accelerated filer and large accelerated filer definitions. The aim is to reduce the reporting burden and compliance costs for low revenue companies by better defining which companies are classified as accelerated and large accelerated filers. The proposed amendments would mean smaller companies – those with less than $100 […]
The Securities and Exchange Commission (SEC) have announced a roundtable to contribute to the ongoing discussion around short-termism in corporate decision making. An excessive focus on short term results could lead to inefficient capital markets, poor investment returns and economic instability – this much is clear, however, the cause of short-termism in corporate thinking is […]
The European Single Electronic Format or “ESEF” is the name of the upcoming reporting mandate that will initially oblige all public company (and all EU Public Interest Entities) Annual Financial Reports that are prepared in accordance with the IFRS standards to be created as an Inline XBRL document. Initially the mandate will just cover the […]
The Securities and Exchange Commission (SEC) has released a draft update of the EDGAR Filer Manual in advance of version 19.2 coming into effect (if approved by the Commission) on 10 June 2019. Amongst other changes, the latest version of EDGAR has been updated to support the 2019 IFRS Taxonomy, and will no longer support […]
Want to know more about the recently released Data Quality Committees 9thRuleset? This week XBRL US hosted a webinar discussing the changes proposed in the ruleset, which is out for public review and comment until 15 June. In addition to expanding on many existing rules, the 9th ruleset contains a new category of checks that […]