XBRL Italy reports “another small step forward” in the digitisation of corporate reporting in Italy. Credit guarantee consortia known as Confidi are an important part of the Italian financial landscape.
While new disclosure standards and requirements appear to be on the horizon, we’ve seen different perspectives this week on how environmental, social, and governance (ESG) factors are reflected in current reporting.
“Intangible assets have long been the engine for value creation in the world’s developed economies,” says the International Valuation Standards Council (IVSC). Companies’ investment in intangible assets, and investors’ ability to identify companies able to make the best return on these assets, are critical.
François Villeroy de Galhau, Governor of the Banque de France, spoke recently at the International Conference on Statistics for Sustainable Finance, emphasising the need for good data.
The International Federation of Accountants (IFAC) has issued a call to action to the G20 on ‘Four themes, two actions, one goal’.
We enjoyed some remarks this week by Gary Gensler, Chair of the US Securities and Exchange Commission – perhaps offering the ‘naked truth’ about LIBOR transition risks.
A senior official from the People’s Bank of China has spoken of the imminent release of a new fintech plan, aiming to guide the stable development of the sector and accelerate digital transformation.
XBRL Software Certification programme has been expanded.
Can digitisation significantly improve the processes of preparing, collecting, tracking and analysing data on government grants and how they are used?
The Securities and Exchange Commission (SEC) has announced the latest updates to its Interactive Data Test Suite, and is now welcoming comments. A change log is available summarising what is new in this version.
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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.
