Markets have always relied on trust and information to function; however, the accelerating changes in the data economy over the past decade require new approaches. In an important speech, SEC Commissioner Kara Stein outlined several issues that financial regulators, companies and markets need to react to. These are issues that “affect you, your money and your identity” as she puts it.
Government accounting is changing, but we still need smart humans in charge, argues Justin Marlowe in a column in governing.com this week.
One of the world’s fastest-growing economies, unafraid of innovation and with knowledge and technology at the top of its government agenda, Dubai is well positioned through its attitude and location to tap into a broader region rife with opportunity. There is a host of activity across the region, including within financial supervision.
A new Prudential Regulatory Authority (PRA) report examines how climate change poses financial risks to banks and how they are responding.
The IFRS Foundation is seeking candidates to join the IFRS Taxonomy Consultative Group from 1 April 2019. The IFRS Taxonomy Consultative Group contributes to the development of the IFRS Taxonomy by providing regular input on taxonomy related issues. Members are drawn from a variety of business and geographical backgrounds. The Board is keen to appoint […]
The Financial Accounting Standards Board (FASB) has issued a new release note describing taxonomy improvements for the 2019 GAAP Financial Reporting Taxonomy.
Following the publication of the final PRA110 template and reporting instructions in the PRA has received a number of questions. The responses to these have now been published in a Q&A clarifying the reporting rules.
On Thursday 4 October XBRL Sweden will hold its annual conference, this year focusing on the electronic submission of financial reports to ESMA, which will become mandatory for listed companies in the EU from the end of 2020.
The UK’s Financial Reporting Council (FRC) has amended its XBRL accounting taxonomies to reflect changes introduced in the UK GAAP triennial review and three new IFRS documents. UK IFRS reporters to HMRC and Companies House will need to use this collection to file their annual accounts. UK GAAP reporters applying the Triennial Review Amendments can […]