The XBRL Best Practices Board has published the first public draft of a glossary that aims to provide clear and simplified terminology for XBRL concepts, aimed at business users rather than software developers.
Fujitsu has released an article on the issues facing both regulators and market participants with regards to Solvency II. “Solvency II – Ensure Compliance” provides a comprehensive overview of the approach taken by regulators, including EIOPA and National Competent Authorities, along with concrete examples of compliance efforts by the Financial and Capital Markets Commission of Latvia and […]
In a speech setting out priorities for his second term, IASB Chair Hans Hoogervorst outlined plans to prioritise improvements to the communications of financial statements. Of particular interest to the XBRL community will be the continuation of the Disclosure Initiative, along with a focus on digital reporting and non-financial reporting. You can read Hoogervorst’s speech here.
The Dutch central bank (DNB) has released the DNB-OTC taxonomy for the collection of data on Over-the-Counter (OTC) derivatives traded by the largest Dutch banks.
The latest version of the IASB’s Due Process Handbook includes some important changes regarding procedures for the development and maintenance of the IFRS Taxonomy. These are significant governance developments and reflect the growing importance of structured data disclosure in financial reporting worldwide. The Board itself will now have the responsibility to review and approve core IFRS […]
Amsterdam – 21 June 2016 – Triodos Bank, Dutch market leader in sustainable banking, chooses ABACUS/DaVinci to provide a sustainable solution for Regulatory-as-a-Service (RaaS), including a rapid and low-risk implementation for XBRL reporting. Management and technology consultancy BearingPoint, which ranks among the leading providers of regulatory technology (RegTech), announced that Triodos Bank, the market leader […]
XII is seeking individuals looking to contribute to the governance of XBRL International by actively working as part of the Nominations Committee (NomCom). This is the group that develops and oversees the procedures for the eligibility, nominations, appointments, elections, sign-up and recruitment of all Committee and Board of Director positions within the XBRL consortium. As a […]
The Indian state of Maharashtra has begun using XBRL to generate its annual publication of crime statistics.
Turkey has officially launched its updated Public Disclosure Platform (known by its Turkish acronym KAP) for the filing of IFRS based financial statements and other material facts by listed companies on the Borsa Istanbul stock exchange to the Capital Markets Board.
The Executive Committee of XBRL Europe has elected a new Chair and 2 vice chairs. Congratulations to new Chair Bruno Tesnière, and to Paul Snijders and Hans Buysse for their selection as Vice Chairs. Sincere thanks to outgoing Chair Marc Hemmerling from XBRL Luxembourg and outgoing Vice Chair Camille Dumm from XBRL Belgium for their time and […]
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