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XBRL US Launches Center for Data Quality

By Dave Nitchman on June 30, 2015

XBRL US and an alliance of five companies – Merrill Corporation, RDG Filings, RR Donnelley, Vintage, a Division of PR Newswire, and Workiva Inc. have announced the joint formation of the XBRL US Center for Data Quality to improve the utility of XBRL financial data filed with the U.S. Securities and Exchange Commission (SEC).

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Indonesian Stock Exchange Launches XBRL Filing

By Dave Nitchman on June 29, 2015

The Indonesian Stock exchange has officially launched its online XBRL reporting system for listed companies.

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XBRL Global Ledger Gets Multi-language Labels

By Dave Nitchman on June 19, 2015

The XBRL GL Working Group has released a package of multi-language labels to support the XBRL GL 2015 Framework that was released in March. The package provides full translations for Brazilian Portuguese, Chinese, Italian, Spanish, as well as partial translations for Finnish, Canadian French, and Turkish. We are seeing more entities making use of the capabilities […]

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Taxonomy - Featured

Taxonomy Packages Advanced to Candidate Recommendation with Call for Implementations

By Dave Nitchman on June 19, 2015

Taxonomy Packages make taxonomies easier to use by allowing for automated configuration of support software and additional meta-data that help users understand the way they are structured.

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Filing Guide for Regulators

By Dave Nitchman on June 12, 2015

The IFRS Foundation has published guidance for regulators around the world looking to adopt the IFRS Taxonomy for the electronic filing of International Financial Reporting Standards (IFRS) based financial statements.

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Major Indian Exchange Moves to XBRL

By Dave Nitchman on June 12, 2015

The BSE (formerly the Bombay Stock Exchange) has announced that it will utilize XBRL for filing Shareholder Pattern disclosures, which divulge how a company’s shares are split among the entities that make up its owners.

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Solvency II Bearing Down

By Dave Nitchman on June 5, 2015

Solvency II, the new European rules that harmonise insurance regulation, including the introduction of uniform capital rules across Europe was a key area of focus at the recent XBRL EU Week in Madrid.

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XBRL in Mauritius Update

By Dave Nitchman on June 5, 2015

This article highlights what lies ahead for banks in Mauritius as that country’s central bank moves forward with XBRL filing. The project entails the automation of the Bank’s entire data collection, management and processing system. Phase One, including the development of an XBRL taxonomy and a filing platform, is expected to be complete by October of […]

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Latvian success story

By Dave Nitchman on June 5, 2015

The Latvian regulator has implemented Solvency II and CRD IV reporting using a taxonomy-driven approach. *Link to presentation added*

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Banco de Espana - Featured

Implementation tips from the Banco de España

By Dave Nitchman on June 5, 2015

Maite Sainz from Banco de España recently provided an update on the XBRL implementation at that regulator. The Bank of Spain is that country’s central bank and bank regulator (national-level regulators are known as NCAs or National Competent Authorities in Europe), and has been using XBRL for data collection since 2005. The Bank has been […]

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