News

News Item

Webinar about Disclosure Initiative from the IFRS Foundation

By Editor on May 5, 2017

The IFRS Foundation this week published a new webinar on its Disclosure Initiative. This is a broad-ranging project examining the purpose and effectiveness of disclosure requirements as well as the problems that currently exist in financial disclosures. The webcast covers: the background and objective of the Principles of Disclosure project; disclosure issues identified by the Board; […]

News Item

The Hartford successfully pilots Construction Surety XBRL reporting

By Editor on May 2, 2017

We are seeing more and more private sector initiatives to standardise data collection and management in order to reduce costs and improve analysis. Projects that have nothing to do with regulation.

News Item

EBA announced the availability of Supervisory Reporting Taxonomy

By Editor on April 28, 2017

As expected, the EBA announced this week the availability of its 2.7 Supervisory Reporting Taxonomy, now available from its website. This is the taxonomy that will govern reporting to EU national supervisors and the ECB from March 2018. The taxonomy is available here.

News Item

EIOPA is seeking comments

By Editor on April 28, 2017

EIOPA is seeking comments on changes to its Implementing Technical Standards that govern the Solvency II taxonomy used for reporting by insurance companies across the EU. The regulator is proposing some changes to the manner in which taxonomies are published and maintained in order to ensure that published legal requirements (contained in relevant regulations) and […]

News Item

MENA Moving Forward

By Editor on April 28, 2017

The Arab Federation of Exchanges held its annual meeting in Beirut last week, attracting senior executives from Exchanges and Securities Regulators as well as key service and data providers from across the Middle East and North Africa (MENA), together with speakers from around the world.

News Item

EBARegulatory Reporting

EBA releases report cards

By Editor on April 21, 2017

The EBA has conducted a peer review of bank supervision data collection across Europe. The report contains a range of useful best practices for regulators of all kinds.

News Item

EBA

EBA ITS Adopted for March 2018 Implementation

By Editor on April 21, 2017

Speaking, as we were, of changes in EBA requirements, and following consultation rounds last year, the EBA has published some changes to the bank reporting rules in the EU. (The only thing that is truly known about regulatory reporting requirements is that they will change! — Ed.) The ITS, the supporting XBRL taxonomy and the […]

News Item

IFRS

IFRS Consultative Group Call For Members

By Editor on April 21, 2017

The International Accounting Standards Board is currently seeking applications for membership of the IFRS Taxonomy Consultative Group to fill two open positions. The IFRS Taxonomy Consultative Group contributes to the development of the IFRS Taxonomy by providing technical advice to the Board on taxonomy related issues. Candidates are expected to have taxonomy-related expertise or skills. […]

News Item

Audit

Auditors face Innovation Dilemma?

By Editor on April 21, 2017

As frequently reported here, audit firms around the world are increasingly turning to new technologies, particularly artificial intelligence, to develop greater coverage and new insights. New machine learning techniques allow manual sampling efforts to be replaced with the automatic review of every single transaction of a particular type. Sounds like a way to provide a better, […]

News Item

Bank of EnglandfintechXBRL

Bank of England seeks XBRL Innovations

By Editor on April 14, 2017

The UK’s central bank has opened up applications for a new round of its FinTech accelerator program and one of the areas it would like to explore is big data storage of XBRL. According to the regulator, 70%-80% of its regulatory data is in XBRL format and they are interested in new ways to realise […]

Latest News

Webinar about Disclosure Initiative from the IFRS Foundation

The Hartford successfully pilots Construction Surety XBRL reporting

EBA announced the availability of Supervisory Reporting Taxonomy

EIOPA is seeking comments

MENA Moving Forward

EBA releases report cards

EBA ITS Adopted for March 2018 Implementation

IFRS Consultative Group Call For Members

Auditors face Innovation Dilemma?

Bank of England seeks XBRL Innovations

Consultations

Open Consultations

News

Latest News

Consultations

Open Consultations

Would you liketo learn more?

Would you like
to learn more?