Following growing support for global non-financial standards, the International Financial Reporting Standards (IFRS) Foundation has published a consultation paper to formally assess the demand for sustainability standards, and gauge support for the Foundation’s role in developing them.
Could municipal bond markets be due a shakeup? In an article on Forbes this week Barnet Sherman makes the case for a system-wide upgrade of muni markets, citing XBRL as the tool to take municipal disclosures into the 21st century.
The Financial Stability Board (FSB) announced that the Global Legal Entity Identifier Foundation (GLEIF), responsible for the LEI, would begin overseeing the unique identifiers used to track over-the-counter (OTC) derivatives this week from 1 October.
Ensuring that companies across the EU can get the investment they need to recover from the Covid-19 crisis means making sure investors have access to usable, comparable data.
The European Banking Authority (EBA) has released a survey designed to inform sustainable finance policy development.
We are pleased to announce a new software tool has reached XBRL Certified Software status. Report creation software xWizard by EasyX has passed the rigorous tests that ensure the interoperability of all XBRL Certified Software products.
Estonia has been quietly forging ahead with all things digital for some time now. Seeing as it boasts some of the fastest internet on the planet and the world’s first digital e-Residency scheme, it’s of no surprise that structured data is also on Estonia’s agenda.
As data digitisation and XBRL reporting continue to expand worldwide, it’s crucial that companies are reporting accurate, high-quality data. Wes Bricker, Vice Chair of XBRL International’s Board of Directors and PwC Vice Chair, US and Mexico Assurance Leader, recently wrote an article for FEI highlighting the importance of accurate XBRL tagging.
With the idea that knowledge is transformative sitting at the heart of most educational institutions, it is perhaps unsurprising that a college is currently at the vanguard of structured municipal reporting in the US.
In order for financial firms to properly take climate change risks and opportunities into account they need comparable, standardised data. Measuring carbon emissions would be a simple, effective and material place to start monitoring the climate impact of the businesses financial firms invest in.
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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.
