The Reserve Bank of India (RBI) has published the final report of its Regulations Review Authority (RRA) 2.0, established in 2021 to streamline reporting requirements and reduce regulatory burdens.
Readers may recall that in 2020 the US Securities and Exchange Commission (SEC) adopted a new rule extending digital reporting to business development companies (BDCs) and other closed-end funds (CEFs).
The US Financial Accounting Standards Board (FASB) has released its 2021 Agenda Consultation Report.
The European Insurance and Occupational Pensions Authority (EIOPA) has published a feedback statement on open insurance following a discussion paper and a public consultation, summarising stakeholder responses and EIOPA’s reactions.
The recent IFRS Foundation Conference 2022 addressed key current and emerging themes in the reporting arena.
We welcome the SEC’s proposal on climate-related disclosures, mandating Inline XBRL to create decision-useful data. Comparability with other emerging global standards is essential, to which end we offer a tentative proposal to ensure compatibility at the digital level.
The Global Legal Entity Identifier Foundation (GLEIF) marked a milestone this week with the first ever use of the verifiable Legal Entity Identifier (vLEI), in the signing of its 2021 annual report.
Is granular tagging of text more useful than large text blocks? That’s the question we consider in the final post in our series on Key Audit Matters (KAMS), analysing early digital data from Japan, the first country to require this information to be tagged using XBRL.
The XBRL International Nominations Committee is seeking exceptional candidates with a strong commitment to improving reporting around the world to join our Board of Directors.
The Swiss government is now consulting on a proposal to introduce mandatory climate disclosures. A comment letter from XBRL Switzerland seeks to clarify certain aspects of this Ordinance on Climate Reporting and to encourage a truly digital approach.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
