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Financial Transparency Act passes House, set to bring structured data to new US agencies

November 5, 2021

We are very pleased to report that the US House of Representatives has passed the Financial Transparency Act (FTA) by 400-19.

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PwC research highlights investor demand for ESG reporting

November 5, 2021

Environmental, social and governance (ESG) factors are increasingly driving investment strategies, and “ESG has now become a make-or-break consideration for leading investors globally,” says PwC.

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XBRL is becoming more important than ever

November 5, 2021

Should IT leaders expect to be hearing a lot more about XBRL? Business technology publication The Stack thinks so, and we are certainly happy to agree!

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High XBRL uptake in Jordan continues

November 5, 2021

The Amman Stock Exchange (ASE) announced this week that 97% out of 173 listed companies provided their reports for the third quarter as required, through ASE’s XBRL-based e-disclosure system.

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An SEC perspective on the vital importance of audit

November 5, 2021

Our many readers with a passion for audit may enjoy a recent statement from Paul Munter, Acting Chief Accountant at the Securities and Exchange Commission (SEC), and the staff of the Office of the Chief Accountant (OCA).

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Win-win for ESEF reporting: cutting loading times for high-design Inline XBRL

October 29, 2021

Inline XBRL allows report issuers to combine the advantages of digital tagging with a high level of visual design, but these design elements have also caused performance issues in early ESEF reports. Some simple initial solutions are now available.

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ESAs propose draft rules on unified sustainable finance disclosures

October 29, 2021

Europe is setting new rules on disclosures on financial products that seek to make sustainable investments, contributing to environmental objectives.

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Growth of non-financial disclosures gives CFOs a chance to shine, says Wes Bricker

October 29, 2021

“As organizations pack their reports with more information, the workload is increasing but so is the opportunity to tell a compelling story,” argues a brief but thought-provoking recent article in CFO Dive.

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Europe reviews insurance rules for investment in pandemic recovery and green deal

October 29, 2021

We missed some important news back in September, when the European Commission announced a comprehensive ‘review package’ of Solvency II rules.

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Sander Middendorp on the value of data, and sustainability as risk

October 29, 2021

The value of data in the financial sector was a key theme in a recent podcast with Sander Middendorp, CEO of SBR Nexus, reported on the Banken.nl website.

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