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Changing of the Guard

November 20, 2020

In last week’s newsletter we welcomed two new members to the Board of Directors of XBRL International. At a subsequent Board meeting this week, including the new members, new office holders were selected and we bade a fond farewell to outgoing Board members Robert Tarola and Leng Bing, and marked the recent departure of Hans Buysse.

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The Future of Structured Data discussed at XBRL US Investor Forum

November 20, 2020

This week saw the XBRL US Investor Forum, packed with useful insights and enlightening talks on all things data.

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Quality Feedback Loop

November 20, 2020

At the XBRL US/CFA Institute Investor Forum held this week, newly installed XBRL International Chairman, Wes Bricker, gave a keynote address. It focussed on the use of SEC XBRL data, its strengths, weaknesses and next steps.

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EFRAG updates on Non-Financial Standards

November 20, 2020

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).

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New XBRL Certified Review and Consumption Software

November 20, 2020

We’re delighted to announce that Fujitsu’s Interstage XWand Toolkit has joined the growing ranks of XBRL Certified Review & Consumption Software.

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Regulatory Sandboxes boost Fintech Funding

November 20, 2020

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.

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Mike Willis to lead SEC’s New Data Office

November 20, 2020

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.

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Increasing Transparency in Bank Resolution

November 20, 2020

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.

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ESEF Audit

November 13, 2020

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?

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New Members elected to XBRL International’s Board of Directors

November 13, 2020

We are delighted to welcome Atul Gupta and Rory Voller to the XBRL International Board of Directors.

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