Indonesia Extends XBRL to Notes
The Indonesian Stock Exchange (IDX) has extended the scope of its XBRL taxonomy from primary financial statements to also cover Notes.
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Combating climate change
Can central banks combat climate change? During a recent speech at the European Banking Congress, Jens Weidman, the President of the Deutsche Bundesbank and Chairman of the Board of the Bank for International Settlements, outlined the role central banks can – and cannot – play in moving towards a greener future.
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IFRS proposes Taxonomy update
This week the IFRS Foundation published a draft taxonomy update to IAS 19, Employee Benefits.
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Digital Exchange to Launch in Chongqing
Singapore’s capital markets platform iSTOX, a graduate from the Monetary Authority of Singapore (MAS) Fintech Regulatory Sandbox, is set to establish a new digital securities exchange in Chongqing to serve the Chinese market.
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Australia – Time to Digitise?
Countries as distinct and distant as South Africa, the US, China, Korea, Japan, UK and the EU have embraced the digital era of financial reporting for public companies – but not Australia. What’s keeping Australia from going down the digital path?
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Seizing Digital Finance Opportunities
The Covid-19 crisis has flipped a digital switch, accelerating pre-existing shifts towards digitalisation and the use of new technologies in business and banking.
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ESMA’s new Powers put to use on Data Quality.
Revised regulation recently gave the European Securities and Markets Authority (ESMA) some new so-called “convergence” powers to identify and co-ordinate supervisory priorities in response to key risks across the Union.
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Changing of the Guard
In last week’s newsletter we welcomed two new members to the Board of Directors of XBRL International. At a subsequent Board meeting this week, including the new members, new office holders were selected and we bade a fond farewell to outgoing Board members Robert Tarola and Leng Bing, and marked the recent departure of Hans Buysse.
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The Future of Structured Data discussed at XBRL US Investor Forum
This week saw the XBRL US Investor Forum, packed with useful insights and enlightening talks on all things data.
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Quality Feedback Loop
At the XBRL US/CFA Institute Investor Forum held this week, newly installed XBRL International Chairman, Wes Bricker, gave a keynote address. It focussed on the use of SEC XBRL data, its strengths, weaknesses and next steps.
