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.
You may recall from the newsletter last week the announcement of the Recommended Extensible Enumerations 2.0 specification – which powers extensible lists within XBRL reports – being implemented by the Financial Accounting Standards Board (FASB) for use with SEC filings from 2021.
The XBRL Software Certification™ programme is being expanded to include a new category of software intended to cover end-user software products that consume XBRL reports for review, analysis or audit purposes. The new category is in addition to the existing categories for XBRL processors and XBRL report creation tools.
Oman is gearing up to join the many markets around the world who have embraced digital, machine-readable disclosures.
The Securities and Exchange Board of India (SEBI) is conducting a consultation into widening their environmental, social, and governance (ESG) disclosures with a new mandatory report.
Regulators today collect a wealth of information on companies to help keep capital markets safe, however, not all that data is relevant for the average investor. This summer the US Securities and Exchange Commission (SEC) has proposed an overhaul of disclosures aimed at shareholders, designed to make them more accessible and useful for retail investors.
Early in August the European Banking Authority (EBA) published its final draft technical standards on disclosure and reporting on MREL and TLAC.
Smaller companies in Singapore are looking at a 90% reduction in time spent filing returns thanks to a new software partnership that aims to automate filing for companies with simple financials.
While FinTech is more frequently in the news, regulatory technology, or RegTech, shouldn’t be overlooked. RegTech has the potential to transform regulation and supervision, making supervisory reporting more efficient, useful and cost-effective.
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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.
