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Cryptocurrencies in Central Banks

November 24, 2017

Is the adoption of cryptocurrencies by central banks possible? Or maybe the right question in this regard should be “when?”. It seems that many central banks have already conducted a variety of tests to help answer this question. As you may remember from our previous story, back in July, the Bank of England released results […]

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“SUPTECH” coined at Singapore Fintech Festival. Structured data is key

November 24, 2017

MAS announces regulatory reporting will be achieved machine-to-machine via structured data and that the regulator will work to eliminate duplication within their structured data collections.

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Beating the Currency Conversion Scam

November 24, 2017

Have you ever been abroad and been asked whether you would like to pay  in your home currency or the currency of the location you are in? That choice is not simply one of just personal preference. Whilst most tend to opt to transact in their home currency, doing so will likely lead to paying […]

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Fintech: Wealth Management Service Available to the Masses

November 24, 2017

The Royal Bank of Scotland’s NatWest unit will on Monday begin offering a digital investment service to its five million online banking customers. The leap into ‘wealthtech’ for everyday customers will come through a robo-advice service for investments of as little as £500. Users of the service will be asked about their aims as well […]

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Embed standardised reporting for maximum advantage suggests CFA Institute

November 17, 2017

Thinking about the way that using standardised structured data inside the enterprise can benefit management as well as investors and auditors is the subject of a new guest post from Mohini Singh.

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Highlights of IASB Chair’s Speech at the International Accounting Seminar in Brazil

November 17, 2017

IASB Chairman outlines plans for the IFRS “Better Communications” initiative in Brazil. Making digital consumption of financial information easier via the IFRS XBRL taxonomy is one part of this effort.

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Regulators in China & Australia Will Swap Information on Local Fintech & Regtech Advances

November 17, 2017

Australian and Chinese securities regulators ink agreement to exchange information about Fintech and Regtech developments.

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EBA updates Supervisory Reporting XBRL Taxonomy 2.7

November 17, 2017

The European Banking Authority (EBA) has published an update to the XBRL taxonomy used by banks and national regulators to provide data for supervisory reporting. The update is a corrective modification of the previously published 2.7 taxonomy, which it entirely replaces. The amendments address some technical errors in the reportable content and in the XBRL […]

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SEC Proposed 2018 Reporting Taxonomy

November 17, 2017

The SEC has now announced its preliminary 2018 reporting taxonomy following a formal public review of the proposal.

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Au Revoir Paris and See You Soon!

November 13, 2017

Last week saw regulators, accountants, business reporting professionals and technologists from around the world gather in Paris for Data Amplified, the annual conference presented by XBRL International. Here’s a brief update on the conference and developments around the world, slightly delayed by last week’s exertions. Thank you! We were delighted with the attendance, the quality of […]

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