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A global view and policy insights on XBRL implementation

February 25, 2022

There’s a tremendous amount for readers to get their teeth into in a report out this week from CPA Australia and the University of Adelaide, titled ‘Digital corporate reporting: Global experiences from the G20 and implications for policy formulation,’ by Prof Indrit Troshani and Dr Nick Rowbottom.

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APRA proposes major boost to pensions data transparency

February 25, 2022

The Australian Prudential Regulation Authority (APRA) has launched a consultation on plans to “sharply expand the breadth and granularity of the superannuation data it publishes” – ‘superannuation’ being Australian lingo for compulsory employee pensions.

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Updating the Transformation Rules that keep Inline XBRL data comparable

February 25, 2022

The XBRL Standards Board has approved the publication of a new version of the Transformation Rules Registry. Transformation Rules support the Inline XBRL specification, defining how values such as dates and numbers that are presented using local conventions are converted into the consistent, standardised formats required for structured data.

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FERC releases latest taxonomies

February 25, 2022

Following its successful implementation of XBRL last year, the US Federal Energy Regulatory Commission (FERC) has published an updated set of taxonomies for 2022.

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EFRAG publishes further draft sustainability standards

February 25, 2022

Hot on the heels of its January release, the European Financial Reporting Advisory Group (EFRAG) has issued a further batch of three working papers on draft sustainability reporting standards.

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Further consolidation and digitisation at India’s central bank

February 25, 2022

The Regulations Review Authority of the Reserve Bank of India (RBI) has recently made significant recommendations aimed at rationalising data collection and reducing regulatory burdens.

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Deadline to prepare for new LEI data formats is here

February 25, 2022

From 1 March 2022, all Global Legal Entity Identifier Foundation (GLEIF) services will accept and display data in updated Common Data File (CDF) formats, requiring users to implement these file formats by that date for uninterrupted access to LEI data.

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100 days of the ISSB and an update on appointments

February 25, 2022

One hundred days after the establishment of the International Sustainability Standards Board (ISSB), what has been done and what is yet to come?

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South African co-operatives to file in Inline XBRL

February 25, 2022

A recent post from DataTracks provides a useful heads-up that certain co-operatives in South Africa will be expected to file their annual financial reports in Inline XBRL, or iXBRL, from 1 April 2022.

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An ECB opinion on anti-money laundering in Europe

February 25, 2022

The evolving use of data in anti-money laundering and countering the financing of terrorism (AML/CFT), and the potential synergies with prudential information and regulations, looks like an interesting area to watch – and that’s particularly true in Europe at the moment.

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