This week investment powerhouse BlackRock – who manage $7 trillion of assets – set out a compelling case that climate change is a defining factor in companies’ long-term prospects – and their plan to tackle this by becoming a leader in sustainable investing. The world’s largest fund manager plans to divest from companies who get more […]
The US federal government has begun the new decade with a focus on data; issuing a set of 20 actions agencies will be required to take in 2020 on how they collect, manage, share and use data. This plan is the first building block in a decade long Data Strategy that aims to transform how […]
The US aren’t the only ones turning their attention to data this year: earlier this month the UK’s Financial Conduct Authority (FCA) and the Bank of England announced proposals for data reforms across the UK financial sector. With technology changing the nature of the markets they regulate, both authorities have issued plans designed to develop […]
We’re pleased to announce that another software product has gained XBRL Certified Software status: firesys toolsxbrl has met the stringent technical criteria that ensure the interoperability of XBRL Certified Software products. Details of all certified software can be found on our certification portal. Vendors of software holding a current certification are entitled to use the certified […]
The opportunities (and risks) presented by fintech are creating undeniable and unavoidable changes to economies worldwide – but how should regulators respond? The Expert Group on Regulatory Obstacles to Financial Innovation (ROFIEG) was set up by the European Commission in June 2018 to explore this question. Recently it published its recommendations, both identifying regulatory obstacles […]
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 […]
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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.
