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Saudi Stock Exchange to shift to IFRS taxonomy

April 7, 2017

Last week, the Saudi Stock Exchange (Tadawul) announced an upgrade in its disclosure system to comply with IFRS standards, including the use of the IFRS taxonomy. The changes will allow the publication of XBRL formatted financial results under IFRS. Tadawul will hold a number of awareness workshops for listed companies in Riyadh, Jeddah and Khobar […]

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Thank you Kenneth Yap

April 7, 2017

Mr Kenneth Yap stepped down from the XBRL International Board of Directors at the end of March, having served on the Board since November 2014. Mr Yap’s term as CEO of ACRA, the Singapore Companies Regulator, concluded at the same time. An experienced and highly qualified government lawyer, he will shortly be taking up a new […]

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IFRS Taxonomy 2017 Webinar now available

April 7, 2017

On Tuesday 28 March, the IFRS Taxonomy team held a live webinar on the IFRS Taxonomy 2017, featuring IASB member Gary Kabureck. Play back the recorded version of the webinar and access the IFRS Taxonomy 2017 and its supporting materials here.

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“Foreign” SEC Filer? Listen in to XBRL US Webinar

April 7, 2017

With speakers from the SEC’s Division of Corporation Finance and Division of Economic and Risk Analysis, as well as from the IASB, this informative seminar from Wednesday runs through the obligations that foreign filers will face in filing to the US regulator in XBRL. It also answers a wide range of questions. You can listen […]

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Japan moves to accept and normalise cryptocurrencies

April 7, 2017

Japan has recognised Bitcoin as a legal method of payment. The country has also passed legislation that exempts the exchange, or purchase of Bitcoin from consumption tax.

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Kuwait Capital Markets Authority introduces XBRL based reporting at conference

March 31, 2017

Accelerating the modernisation of securities regulation in the Gulf region, Kuwait’s Capital Markets Authority recently announced details of its soon to be released XBRL reporting platform.

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OFR Speaks Out on Regulatory Burden

March 31, 2017

OFR Speaks Out on Regulatory Burden. The spirit of the founding US Treasurer, Alexander Hamilton, seems alive and well at that agency.  At the recent Financial Data Summit held in Washington, the Director of the Treasury’s Office of Financial Research, Dick Berner described the importance, to that agency, of reducing regulatory burden, describing the way […]

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MEMBER NEWS
MEMBER ANNOUNCEMENT

Fujitsu runs 2nd Annual Conference for Interstage XWand.

March 31, 2017

Contributed by Slawomir Skrzypek, Business Development Director for Fujitsu’s EMEA Center of Excellence for Interstage XWand. Fujitsu, a Direct Member and Sustaining Partner of XBRL International,  ran its second Annual Interstage XWand Users’ Meeting on March 24th in Malta last week. The meeting was attended by representatives of European regulators, filers, software vendors, and software integrators from 19 countries. […]

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Delaware Blockchain Initiative: Transforming the Foundations of Corporate Finance?

March 24, 2017

The bedrock for much of American and international corporate finance is corporate law in the tiny state of Delaware. Like many other agencies around the world, the state authorities are experimenting with blockchain – in their case through the Delaware Blockchain Initiative (DBI). The initiative will allow for the application of distributed ledger technology to many of […]

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Germany suggests G20 Central Banks should develop shared Blockchain

March 24, 2017

The G20 summit to be held in July 2017 is fast approaching.  The German presidency would like to encourage the accelerated use of digital technology in business and society through enhanced internationally agreed regulatory frameworks. A paper prepared for the G20 meeting by leading German think tank the Centre for International Governance Innovation contains some […]

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