Regular readers of this newsletter may remember that recently the European Commission (EC) tasked EFRAG with exploring possible EU non-financial reporting standards that could form part of a revised Non-Financial Reporting Directive (NFRD).
We’re delighted to announce that Fujitsu’s Interstage XWand Toolkit has joined the growing ranks of XBRL Certified Review & Consumption Software.
Fintech promises to revolutionise the financial sector, with efficiency, choice, and financial inclusion on the horizon. However, disruptive growth in finance needs to be supervised and regulated so risks are properly managed. That’s where regulatory sandboxes come in – they allow start-ups to trial innovations under the watchful eye of authorities.
As innovations in data analysis – many of which are enabled by structured data – grow in importance to capital markets, the US Securities and Exchange Commission (SEC) aims to stay on the ball with the launch of a new Office of Data Science and Innovation.
After the 2008 financial crisis, governments around the world took steps to make it easier to resolve failing banks. In the UK, those steps included setting up the Resolvability Assessment Framework (RAF), which launched in 2019.
The introduction of the new European Single Electronic Format (ESEF) includes a set of requirements around assurance of digital disclosures – but how will “ESEF audit” actually work?
We are delighted to welcome Atul Gupta and Rory Voller to the XBRL International Board of Directors.
Sustainability Accounting Standards Board (SASB) CEO, Janine Guillot, believes that the IFRS Foundation’s Consultation Paper on Sustainability Reporting is the most significant development in accounting standard-setting since the creation the IASB in 2001. And, with the stakes this high, she argues that it’s crucial to get it right.
The Monetary Authority of Singapore (MAS) has announced the launch of an SGD 35 million Productivity Solutions Grant (PSG) to help smaller financial institutions adopt digital solutions for more streamlined regulatory reporting.
A recent report from the IOSCO Growth and Emerging Markets Committee (GEMC) examining the challenges and opportunities facing emerging capital markets as they develop and grow.
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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.
