As part of a number of regulatory requirements established in recent months, this week the Reserve Bank of India (RBI) mandated regular XBRL reporting for urban co-operative banks (UCBs). UCBs are co-operatively owned, usually formed around communities or small groups with a common interest and used to finance small businesses within that community. They have […]
Having implemented their XBRL Data Reporting and Processing System, the Bank of Israel has issued a request for information (RFI) in their search for a new data management system. The Bank is searching for a customisable solution that allows for storage, processing and querying of XBRL data and metadata. The solution provider should also provide […]
A recent report from Accountancy Europe sets out an articulate and ambitious plan to cut through the noise of non-financial reporting initiatives with a global, interconnected reporting standard.
With the US filing season in full swing, Toppan Merrill have brought together XBRL experts including Mike Willis, Assistant Director of the SEC’s Office of Structured Disclosures, Emily Huang, CEO of idaciti and Mike Schlanger, Vice President of Solution Sales at Toppan Merrill, for a webinar outlining the best practices for achieving high-quality XBRL disclosures. […]
XBRL International is delighted to welcome David Shaw as the new Chair of the XBRL Standards Board (XSB). As Chair, David will lead the XSB as they oversee the XBRL Standards making process, set the direction of technical Working Groups, and develop and maintain individual XBRL specifications. David Shaw is XBRL Supervising Project Manager at the […]
Open banking has had an undeniably significant effect on the banking industry, with a wide range of faster, more convenient choices now competing for customer attention. Could extending the principles of open banking – the (optional) sharing of bank data with third parties – to other financial products further transform financial services? The UK’s Financial Conduct […]
The European Securities and Markets Authority (ESMA) has called on issuers to improve their disclosure of Alternative Performance Measures (APMs) in a recent report. The report assessed to what extent issuers comply with the guidelines for reporting alternative performance measures, finding significant room for improvement. Commonly used APM’s include earnings before interest and tax (EBIT), […]
We’ve heard a lot about the potential of fintech to open up access to credit by using big data and alternative data sources to assess risk – but how do these techniques actually stack up when compared to traditional credit scoring? A recent working paper from the Bank for International Settlements (BIS) looks at transaction […]
XBRL International is seeking candidates to fill open positions on the Best Practices Board (BPB). The purpose of the BPB is to actively manage the production, dissemination and continual improvement of publications. Equally, it is responsible for content that describes methods, processes and best practices for successful development, implementation, integration, maintenance and usage of XBRL […]
XBRL International is seeking candidates to fill open positions on the Nominations Committee (NomCom). NomCom develops and oversees the procedures for the eligibility, nominations, appointments, elections, sign-up and recruitment of all Committee and Board of Director positions within XII. The Committee is seeking new members with significant senior experience in corporate, government or regulatory fields […]
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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.
