
UK gets updated taxonomies from FRC and BoE
The UK Financial Reporting Council (FRC) has issued its 2023 Taxonomy Suite.
The UK Financial Reporting Council (FRC) has issued its 2023 Taxonomy Suite.
The Bank of England (BoE) has recently published some significant updates for those following its initiative, led with the Financial Conduct Authority (FCA), to transform data collection from the UK financial sector.
The Bank of England (BoE) has published version 1.2.3 of its XBRL statistics taxonomy. This latest release includes a number of additions and amendments to validation rules, intended to improved reporting quality.
The Bank of England has made a number of changes to documents included in its Statistical Reporting Guidance, as summarised in a recent notice.
Are you following the long-term initiative to transform data collection from the UK financial sector being led by the Bank of England and the Financial Conduct Authority (FCA)?
Our banking-minded readers will know that the Bank of England has successfully transitioned from XML to XBRL for its statistical data collection, publishing its final version 1.2.0 statistics taxonomy in September 2021.
The Bank of England’s Prudential Regulation Authority (PRA) has made a number of changes to its regulatory reporting requirements for the banking sector.
In news that may catch the attention of doubters when it comes to investing in regulatory reporting, the Bank of England’s Prudential Regulation Authority (PRA) recently fined Metro Bank 5.38 million pounds (just over 7 million dollars) for failures in its regulatory reporting.
The Bank of England (BoE) has issued a request for input from suppliers on designing solutions to tackle the challenges of modernising its approach to data collection.
Do you need to catch up on the Bank of England’s digital transition for statistical data collection? If so, you might find a recent post from Invoke to be a useful summary.