If it’s not structured, is it relevant?
Companies should treat structured data disclosure as a new and welcome channel for getting their investment message across.
Companies should treat structured data disclosure as a new and welcome channel for getting their investment message across.
A couple of weeks back the New York Society of Security Analysts’ (NYSSA) Financial Reporting and Analysis Group hosted a workshop on using XBRL to expedite and ease financial reporting and analysis. That workshop is now online and we highly recommend it to: investors and analysts regulators standards setters; and XBRL professionals and vendors Presentations […]
The Bank of Israel is interested in receiving information regarding existing solutions in the market for building and managing XBRL taxonomies as well as support and consultation for the taxonomy developed at the Bank. The Bank invites suppliers with the appropriate knowledge, expertise, and experience to submit a solution to this request, as detailed in the […]
Policy makers in some countries are sufficiently concerned about the “90 day strategic horizon” that quarterly reporting might impose on management and boards of public companies that they have removed the requirement to report on a quarterly basis. The UK introduced quarterly reporting requirements (although it did not mandate specific financial disclosures), doubling the reporting […]
Last week we reported that Canada’s central bank has decided that distributed ledger technology is not ready to replace existing inter-bank payment infrastructure. Well, it’s a competitive world. Singapore’s central bank, the Monetary Authority of Singapore this week announced that it is moving forward into the second phase of it’s “Project Ubin”, after a successful initial […]
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 […]
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, […]
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.
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.
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 […]