A major focus for this year’s Data Amplified is the use of standardisation for reporting within the Enterprise, with transactional and ledger level data being tagged in accordance with taxonomies defined by and managed by business experts. Combined with big data systems for storage and aggregation, which is in turn driven by the taxonomy, this approach […]
For all of our readers that are joining us at Data Amplified in Shanghai in just 10 days time, we have a few tips for you to prepare for your trip to China. If you want to use social media, Google or Gmail on your laptop while you’re in China you may need to use a recognised, reputable VPN. […]
It’s just over a week to go until regulators, policymakers and business professionals from around the world meet to discuss the future of business reporting at Data Amplified 2019. The conference will be packed with experts and innovators exploring everything from enterprise reporting and granular data to governance and the challenges of new technology for […]
With the volume and complexity of data gathered by regulators ever increasing, RegTech provides an opportunity to automate elements of the regulatory process, improving efficiency, speed and effectiveness. The Shanghai Stock Exchange’s (SSE’s) recently launched Company Profile System does exactly that, making full use of digital reporting’s potential to reduce the need for manual data […]
Join us this October in Shanghai, China’s technology hub, for Data Amplified 2019. As China’s world class financial and economic centre, Shanghai is an exciting place to debate and discuss the future of business reporting. Famously entrepreneurial, characterised by constant change and towering skyscrapers, and the centre of China’s technology boom, this October Shanghai will […]
We are delighted to announce that Data Amplified, our annual conference that brings together the key players involved in the future of business reporting, will this year be held 22-24 October in Shanghai, with an extra Members day on 21 October.
In a Ministry of Finance review document, the Chinese Government’s Accounting Department has highlighted the achievements and progress made in accounting management in 2018 and outlined its aims for the future. The Department intends to continue promoting the internal application of XBRL, and is working towards a national standard for standardised enterprise reporting with XBRL. […]
The latest wave of penalties from China’s bank regulator suggests the country is taking a firm approach to bad debts, according to UBS research reported in Euromoney this week. The research shows that the number of bank fines issued by the China Bank and Insurance Regulatory Commission (formed in April 2018 after a merger of […]
Standardised, machine-readable definitions have made reporting simpler for regulators of all kinds across the world – however, the power of that same technology for internal monitoring is only just being realised.
This week marks the 20th anniversary of the Chinese funds management industry, marked at an event in Beijing attended by senior political as well as industry figures. An effective legal framework that provides a range of investor protections, and a thriving industry was marked at the celebration. One of the “Top 10” events that has helped bring the industry to this point? Scalable regulatory data collections using XBRL. Read more here (In Chinese but translates well with your chosen browser tool).