Smaller companies in Singapore are looking at a 90% reduction in time spent filing returns thanks to a new software partnership that aims to automate filing for companies with simple financials.
While FinTech is more frequently in the news, regulatory technology, or RegTech, shouldn’t be overlooked. RegTech has the potential to transform regulation and supervision, making supervisory reporting more efficient, useful and cost-effective.
In August the European Banking Authority (EBA) issued an erratum to the technical package for reporting framework 2.10 phase 2.
Should the federal funds being used to boost US state and local budgets after a steep Covid-19-induced decline be dependent on better transparency?
Extensible lists are a powerful XBRL feature that allow the selection of concepts from a pre-defined list.
While the data gleaned from regular, structured reporting is widely known to be a critical part of effective regulation, those requirements regularly come across one stumbling block: complaints about cost.
A couple of weeks ago we highlighted news that the Covid-19 crisis has been a boon for digital payments in India, traditionally a cash-is-king country. However, India is, of course, not alone in choosing to shun paper currency right now, with digital payments and, in some cases, fintech services, receiving a pandemic boost worldwide.
An article by Tajinder Singh, Deputy Secretary General, at the International Organisation of Securities Commissions (IOSCO), this week highlighted the work that IOSCO has done to help keep capital markets open and functioning during the pandemic.
In Montreal, a financial planner can set a trigger to distribute a financial report the moment their budget is exceeded. In New Hampshire, accountants can easily look at the number, type and relationship between a taxpayer’s bills, all in a single portal. And in LA, a self-service data analytics tool allows users to create the […]
Europe are seeking expert input as they take the next step in the all-important process of building data standards for non-financial reporting.
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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.
