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Ukrainian labels for the IFRS 2017 taxonomy now available

June 2, 2017

The IFRS taxonomy team has published a set of labels in Ukrainian for the IFRS 2017 taxonomy. With several new XBRL projects under development in that country in the coming months, this is excellent news. To further assist, the updated Ukrainian labels include an IFRS illustrated taxonomy.  Need the new labels? The IFRS website has […]

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MEMBER ANNOUNCEMENT

Mandate Picker helps navigate taxonomies

June 2, 2017

CoreFiling has released Mandate Picker, a free tool on their website which allows regulated entities to determine which version and which entry point of a taxonomy is relevant. As Ben Russel from the firm points out, it isn’t always easy to work out this information from regulators’ websites. The tool initially covers a few regulatory regimes, […]

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DATA Act reporting commences

May 26, 2017

Congratulations to the Data Coalition led by Hudson Hollister and a host of Congressional, Treasury and Departmental leaders that have worked extremely hard over the last 6 years to bring the idea of open, standardised structured data to the US Government. Other countries can learn an enormous amount from their efforts.

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ESMA Thinking Through Extensions

May 26, 2017

On 6 June, the European Securities & Markets Authority will run a “Meet the Market” workshop in which its broad proposals for the rules that will govern Inline XBRL filing in Europe from 2020 will be discussed. In preparation for that event, ESMA released a range of unofficial, draft working papers for the consideration of relevant parties, including a set of proposals on Extensions.

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Updated Filing Obligations in España

May 26, 2017

The Spanish Government’s official gazette (Boletín Oficial del Estado) yesterday published updates to the reporting rules for private companies reporting to one of the Provincial Spanish Mercantile Registers. Private companies including SMEs deliver annual reports in a long form template, generally in XBRL, to their local business registry, which are then available via rmc.es. The […]

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Stocks, Bonds or Silicon Chips?

May 26, 2017

When it comes to artificial intelligence it seems that us humans have quite firm views about where we are comfortable letting machines into our lives. According to a new study conducted by banking giant HSBC, we are more likely to trust a robot to carry out open heart surgery than let a robo advisor invest […]

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Blockchain not yet ready for prime time says Bank of Canada

May 26, 2017

Project Jasper has been a year long experiment by the Canadian central bank to investigate whether blockchain, or DLT, could replace existing wholesale payments technology within that country’s financial system. The verdict? Not yet. For the moment, critical issues associated with privacy and scalability mean that the project won’t form the basis of interbank payments […]

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XBRL in the US

May 19, 2017

Just as the world is shifting to wholesale reliance on digital structured data, there remains an effort within the US Congress to exempt smaller US companies. We believe that would harm transparency, hurting investors and small companies alike.

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Change Behaviour, Change Markets

May 19, 2017

Which tools help regulators improve the ethics of market participants?

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SEC

XBRL International responds to SEC Proposals

May 19, 2017

XBRL International has responded with a range of suggestions to the SEC’s call for comments on its proposals to shift to Inline XBRL.

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