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Fujitsu – 3rd Annual Interstage XWand Users’ Meeting

March 16, 2018

Contributed by Slawomir Skrzypek, Business Development Director – Fujitsu EMEA Center of Excellence for Interstage XWand. Fujitsu, a Sustaining Partner of XBRL International, ran its 3rd Annual Interstage XWand Users’ Meeting on March 9th in Dubrovnik last week. The meeting was attended by representatives of regulators, filers, software vendors, and software integrators from over 20 countries. Attendees had a […]

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A Roadmap for EU Fintech Regulation

March 16, 2018

The debate on regulating innovation is often laden with prejudices and undue simplifications. Chair of the EBA, Andrea Enria, recently spoke on how the European Banking Authority expects supervision and regulation of the Fintech market will work. Identifying the inherent problems of both the strict need to protect the financial system and citizens and the […]

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Tag It!

March 9, 2018

The CFA Institute’s Mohini Singh suggests to the use of digital header information in Inline XBRL format for a range of filings that are not currently tagged. She also advocates the use of the LEI within US regulatory filings.

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Banks to use XBRL for SME Credit Assessment

March 9, 2018

The German Central Bank, the Deutsche Bundesbank, has been working with German banks to help create a central platform of XBRL financial statements for credit assessment and analysis.

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XBRL growing in the Middle East

March 9, 2018

The Amman Stock Exchange is the latest MENA venue to announce that it is turning to XBRL for digital market disclosures, with the new system to be up and running later this year.

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Regulators scrutinise Cryptos

March 9, 2018

Chairman of the global Financial Stability Board and Governor of the Bank of England, Mark Carney, was just one of the leading regulators around the world to call for new measures to reign in cryptocurrencies this week. Mr Carney warned that a range of crypto assets are exhibiting the “classic hallmarks of bubbles”. In a speech […]

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New Data Point Model Tools from the EBA

March 9, 2018

The European Banking Authority (EBA) manages the COREP/FINREP taxonomies that govern the collection of banking data across Europe. To help control one of the larger financial risk reporting frameworks in the world, the EBA uses a Data Point Model data dictionary to simplify and harmonise reporting needs. The DPM, in turn, constrains and controls the […]

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IIRC Council Meeting

March 2, 2018

Integrated Reporting is gaining traction across the world, with companies within every OECD and BRICS nation amongst those that are using an integrated thinking approach to develop reports that describe their purpose and business model, addressing a range of stakeholders that goes well beyond  traditional investor reports. As the name suggests, Integrated Reports seek to provide […]

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Audit of XBRL Documents – A breakthrough for the Netherlands

March 2, 2018

The Netherlands is the first country in the world to require companies to file XBRL based annual reports with an accompanying electronically signed XBRL-formatted auditor’s opinion and those reports are now starting to be filed. The reports must be submitted to the Dutch Chamber of Commerce within the Netherlands SBR framework in XBRL. The new […]

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CIPC’s Pilot Programme

March 2, 2018

South Africa’s CIPC has mandated the use of Inline XBRL-based reporting for all qualifying South African entities from 1 July this year.  The program aims, over time, to reduce the administrative burden on businesses as they report financial information for regulatory compliance and at the same time to further improve transparency for investors. Ahead of […]

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