It’s been twenty years since XBRL first went public. Proven benefits, an active software ecosystem, significant modernisation and a growing network effect ensures that XBRL projects and implementations continue to accelerate in all corners of the globe. This year there were a number of new XBRL disclosure mandates in the Middle East, specifically in Qatar, Oman, and Jordan.
XBRL International’s various task forces have been hard at work across 2020 to bring us new guidance materials that help point users of XBRL in the right direction.
2020 saw significant momentum build for non-financial (sustainability) standards. The year kicked off with a paper from Accountancy Europe proposing that a new sustainability standards board be launched under the auspices of the IFRS Foundation, and ended with the IFRS consulting on just that.
This year was set to see the final preparations for the ESEF mandate to launch across all EU member states, and the early months of 2020 started bright with ESMA publishing the ESEF conformance suit, an active market of low-cost ESEF tools developing, and GLEIF giving us a glimpse into the future of digital trust with a sample ESEF report which […]
It goes without saying that 2020 has been a difficult year, with all sectors facing unprecedented challenges. However, in slim silver-linings news, the stay-at-home orders have accelerated an already-underway pivot to digital across the board. In fact, the need for rapid, high-quality data while tracking the effects of the pandemic has also highlighted just how crucial digital, structured, machine-readable […]
Following the recent announcement that the Sustainability Accounting Standards Board (SASB) is converting its 77 standards into an XBRL taxonomy, XBRL US and SASB held a webinar this week to dive into the practicalities of digital sustainability reporting.
This week the Global Legal Entity Identifier Foundation (GLEIF) announced the next step for the Legal Entity Identifier (LEI): a fully digital LEI service capable of enabling instant and automated identity verification across all industries worldwide.
The European Banking Authority (EBA) has issued a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting. Previously published rules which have been deactivated due to error or IT problems have been highlighted.
The US Municipal Securities Rulemaking Board (MSRB) is responsible for regulating the US municipal securities market and aims to support muni market transparency, including through its Electronic Municipal Market Access (EMMA) system. EMMA is a key source of muni bond disclosures.
The Monetary Authority of Singapore (MAS) has issued finalised Environmental Risk Management Guidelines for banks.
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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.
