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PwC underline importance of quality Data

July 24, 2020

This week PwC published a strong call for companies to take full advantage of the recent pivot to digital with high-quality XBRL data.

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XBRL US Municipal Beat Podcast on Data Standards

July 24, 2020

The Covid-19 crisis has made it clear how important it is to be able to quickly access and interpret data in a rapidly moving market. While public companies in the US report XBRL-tagged financial information to the SEC quarterly, making up-to-date data relatively easy to analyse, municipal data is much harder to find.

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Second Phase for SEC iXBRL Reporting begins

July 24, 2020

The US Securities and Exchange Commission (SEC) recently stepped up its phased approach to introducing Inline XBRL (iXBRL) tagging requirements.

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Strengthening Audit Standard-Setting

July 17, 2020

Since 2015 the international regulatory Monitoring Group has been looking into a range of aspects associated with independence and governance around international standards for auditing with a review of the audit standard setting process.

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Europe’s SFTR reporting regime begins

July 17, 2020

Following fifteen months of preparation, the European Securities and Markets Authority (ESMA) oversaw a successful first day of reporting by financial market participants of securitised financing transaction (SFT) data to EU trade repositories (TRs) this week.

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Digital Payments accelerate in India

July 17, 2020

The coronavirus pandemic has prompted an unprecedented shift to digital across the world – from the rise of remote working to teleconferencing improvements and an emphasis on digital operations – and now, in India, a long-desired switch from currency to cards.

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Is Police data up to scratch? 

July 17, 2020

With the criminal justice system and police reform in the spotlight recently, it would make sense to examine the data to make informed, effective changes. There’s one problem: the data itself.

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IFRS Taxonomy amendments proposed

July 17, 2020

This week the IASB published two proposed updates to the IFRS 2020 Taxonomy to bring it in line with recent amendments to the IFRS Standards.

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GRI and SASB collaborate for Sustainability Reporting clarity

July 17, 2020

As repeat readers of this newsletter will know, sustainability reporting has long been troubled by a confusing proliferation of competing and complementary standards and frameworks that reduce usability and comparability.

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EIOPA publishes taxonomy updates

July 17, 2020

This week the European Insurance and Occupational Pensions Authority (EIOPA) published the final versions of the 2.5.0 Solvency II and Pension Funds XBRL Taxonomies, Data Point Models and related validations.

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