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SEC ESG Committee advocates Standards

December 11, 2020

In other sustainability standards news, the US Securities and Exchange Commission’s (SEC’s) Asset Management Advisory Committee recently published its recommendations on Environmental, Social and Governance (ESG) disclosure.

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Are Central Banks Innovators? 

December 11, 2020

A recent speech by Benoît Cœuré, Head of the Bank for International Settlements Innovation Hub, at the World FinTech Festival, outlined the role central banks have to play in innovation.

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Filing Indicators Proposed

December 11, 2020

The XBRL Standards Board has approved a Proposed Recommendation release of the Filing Indicators specification.  Filing Indicators are a mechanism used by some XBRL filing systems to enable filers to explicitly record which sections (or templates) within a report they have completed.

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SEC announces Office Focused on Innovation and Financial Technology

December 11, 2020

With the centrality of technology and innovation to the financial sector only growing, the US’ SEC recently announced that the Strategic Hub for Innovation and Financial Technology, commonly referred to as FinHub, is to become a stand-alone office.

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CFTC expands LEI Requirements

December 4, 2020

Last week the US Commodity Futures Trading Commission (CFTC) adopted a proposal to expand the use of Legal Entity Identifiers (LEIs).

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ING Bank Implements XBRL and Digital Signatures in new Real Estate Reporting

December 4, 2020

ING Bank in the Netherlands recently launched a new XBRL-based project designed to increase efficiency, trust and transparency in real estate valuation. Following the introduction of XBRL for real estate valuation reports, this new initiative includes the final piece in the puzzle: qualified, digital signatures.

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FCA’s RegData Platform to streamline Reporting

December 4, 2020

The UK’s Financial Conduct Authority (FCA) is set to replace the old Gabriel reporting system with RegData, a new, more efficient data collection platform central to its data strategy.

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Bank of England to adopt XBRL for Statistical Submissions

December 4, 2020

The Bank of England (BoE) recently published a proposal to shift the submission of a range of statistical data into XBRL format.

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XBRL Certified Software approved

December 4, 2020

We’re delighted to announce that Easyx’s audit software xWizard has joined the ranks of XBRL Certified Software products.

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SEC increasingly supportive of DQC Rules

December 4, 2020

The XBRL US Data Quality Commission (DQC) publishes validation rulesets designed to improve the quality and usability of XBRL data by allowing issuers to test their data before submission. While the DQC has been around since 2015, recent events indicate that the US Securities and Exchange Commission (SEC) increasingly acknowledges the value and importance of […]

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