Some interesting research recently published by the Bank for International Settlements (BIS) shines a light on the value of transparency efforts and of making data available.
The People’s Bank of China (PBOC) has released its Fintech Development Plan for 2022-2025, which seeks to guide the development of fintech and the digital transformation of finance.
A new XBRL US case study examines how Liberty Mutual Surety has used XBRL to automate the generation of normalised data in the format the company needs, freeing employee time for higher value work.
The European Banking Authority (EBA) has published its annual risk assessment of the European banking system for 2021.
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.
The EU has turned the page on a new chapter in corporate reporting, with the announcement of legislation to create the European Single Access Point (ESAP), providing a free single point of access to digital information on EU listed companies and investment products.
The value of data in the financial sector was a key theme in a recent podcast with Sander Middendorp, CEO of SBR Nexus, reported on the Banken.nl website.
The European Banking Authority (EBA) recently issued its annual work programme and strategic approach for 2022. It notes that it has streamlined its activities to foster synergies and efficiencies.
Just last week we posted on rounding of figures in reports, and how it can cause validation processes to flag calculation inconsistencies that – while they should be checked – should not be a cause for concern, since there is (generally) no underlying error.
The International Monetary Fund and the Financial Stability Board have published their sixth progress report on the G20 Data Gaps Initiative (DGI), counting down to its conclusion at the end of 2021.
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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.
