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SEC publishes sample letter on climate disclosures

October 1, 2021

The US Securities and Exchange Commission (SEC) has taken the interesting step of publishing a sample letter, illustrating comments that the Division of Corporation Finance might make on a company’s disclosures as they relate to climate change.

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What are the digital reporting implications of updating the management commentary?

October 1, 2021

Many of our readers may be interested in an agenda paper presented at this month’s meeting of the IFRS Foundation’s IFRS Taxonomy Consultative Group (ITCG).

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EBA launches 2021 EU-wide transparency exercise

October 1, 2021

The European Banking Authority (EBA) has launched its annual transparency exercise, as announced in March. As the EBA observes, this is based entirely on supervisory reporting data – powered by XBRL – so the additional burden on banks is minimal.

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SEC’s Gary Gensler on predictive data analytics

October 1, 2021

We found food for thought on the subject of predictive data analytics this week in remarks by Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), before the SEC’s Asset Management Advisory Committee.

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FASB proposes amendments to 2022 SEC Reporting Taxonomy

October 1, 2021

The Financial Accounting Standards Board (FASB) has issued draft technical and other conforming improvements to the 2022 SEC Reporting Taxonomy (SRT), used in the US for reporting to the Securities and Exchange Commission.

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FCA CEO on data and digital ambitions

October 1, 2021

We were interested to note a strong emphasis on data in a recent speech by Nikhil Rathi, CEO of the UK’s Financial Conduct Authority (FCA), on challenges and priorities for the organisation.

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Using xBRL-CSV for granular data: a proof of concept from XBRL Europe

September 24, 2021

Demonstrating how the xBRL-CSV format can be used to handle granular data, streamline the reporting process and help users compare and analyse information.

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Updates at FERC: XBRL submissions, guidance, and historical data

September 24, 2021

Recent days have seen a number of important updates from the US Federal Energy Regulatory Commission (FERC), as it implements its switch to XBRL-based reporting for energy utilities.

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Toppan Merrill: What is Inline XBRL?

September 24, 2021

Do you need a place to start on Inline XBRL, or iXBRL – or do you know someone who does? Toppan Merrill has put together an overview post addressing key questions on what the Inline XBRL format is all about.

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SEC committee endorses tighter oversight of SPAC disclosures

September 24, 2021

In a unanimous recent vote, the Investor Advisory Committee (IAC) of the US Securities and Exchange Commission (SEC) has recommended stricter regulation of special purpose acquisition companies (SPACs).

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