Having established a task force, the European Financial Reporting Advisory Group (EFRAG) is poised to proceed with the development of non-financial reporting standards, which, if implemented, would increase comparability, relevance and reliability of non-financial information.
XBRL International has expanded its XBRL Software Certification™ programme to cover end-user software products that consume XBRL reports for review, analysis or audit purposes.
The Sustainability Accounting Standards Board (SASB) is seeking feedback on recently published updates to its primary governance documents.
A recent European Commission (EC) consultation – designed to inform the new EU digital finance strategy – has been considering amendments to the EU regulatory framework in response to rapidly evolving financial-technology landscape.
In a recent speech Benoît Cœuré, Head of the Bank for International Settlements (BIS) Innovation Hub, asked the listener to imagine a world where regulators have access to big data sets of high granularity, diversity, and frequency.
Typically, when providing credit, the lender’s knowledge of the borrower will be incomplete. To counteract that information asymmetry, banks often require collateral in the form of tangible assets, like real estate. But what if Big Data could solve that information asymmetry?
The International Accounting Standards Board (IASB) has finalised its response to on-going Inter-Bank Offered Rates (IBOR) reform by issuing a package of amendments to the IFRS Standards.
Rachel Carpenter, CEO of Intrinio, recently highlighted the many benefits proper XBRL filing implementation would offer US municipalities.
XBRL International has expanded its XBRL Software Certification™ programme to cover a new category of software. The programme now covers end-user software products that consume XBRL reports for review, analysis or audit purposes.
Earlier this week the Securities and Exchange Commission (SEC) published the draft 2021 SEC Taxonomies for public review and comment.
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