The UK is leading the way to open up access to its financial system, according to the UK Payments System Regulator which published its annual report yesterday. The UK has been a prime mover in the effort to ensure that new financial services providers (such as Fintech payment startups) can compete by forcing banks to […]
On 28 February the SEC announced that it will now accept financial statement filings from international companies listed in the US in XBRL or iXBRL format using the IFRS taxonomy. From December it will be obligatory.
How does structured data get used by capital market giants like Thomson Reuters? Listen in to the discussion between Workiva’s Mike Starr, Merrill Corporation’s Lou Rohman and Gladimyr Sully, a data aggregation expert from Thomson Reuters. The one hour webinar is now available and covers key aspects of ensuring digital disclosures meet the needs of […]
As expected, on Wednesday the US SEC met and approved a Proposed Rule to switch US listed company filings to Inline XBRL. We look at some of the implications.
If you have been involved in almost anything to do with digital reporting or digitisation, you’ll have heard a lot about Fintech. A raft of new technologies and new approaches to finance have the potential to drive very significant change. One area that is deeply relevant to people that want to take advantage of these […]
There is growing pressure for the development of generic, consistent and coherent standards for providing and consuming assurance over digital reporting.
On Wednesday, 1 March 2017, the US SEC will meet to consider whether it should mandate the use of human readable iXBRL.
Dutch banks ABN Amro, ING and Rabobank are leading the effort to shift corporate reporting to credit providers from paper to data.
Also at the XBRL Europe Day, Hans Buysse, a member of the XBRL International and XBRL Europe Boards, and representing financial analysts on the Boards of EFFAS and EFRAG, described some of the challenges that companies across Europe face in raising capital at present, and the technologies that are impacting financial services. He describes the […]
The Danish Business Registrar is beginning to use AI to enhance regulatory analytics on its repository of XBRL formatted financial statements.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
