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Items tagged with "India"

India gears up for digital sustainability reporting

India is once again in the vanguard of digital reporting, as its principal stock exchanges enable XBRL filing of the new Business Responsibility and Sustainability Report (BRSR) via online portals.

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Get ready for connections, ideas, and a look into the future at WCOA 2022

Are you registered yet for the 21st World Congress of Accountants? It will be held during 18–21 November 2022 in Mumbai, India, and is hosted by the Institute of Chartered Accountants of India (ICAI) in partnership with the International Federation of Accountants (IFAC).

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Reporting on digitisation and rationalisation of reporting at India’s central bank

The Reserve Bank of India (RBI) has published the final report of its Regulations Review Authority (RRA) 2.0, established in 2021 to streamline reporting requirements and reduce regulatory burdens.

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India sets course for enhanced ESG disclosure and assurance

The Securities and Exchange Board of India (SEBI) has constituted a new advisory committee on environmental, social and governance (ESG) matters in the securities market.

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RBI brings non-bank sector into alignment

The Reserve Bank of India (RBI), the country’s central bank and banking regulator, has released a series of circulars introducing new regulatory and disclosure rules for non-banking financial companies (NBFCs), bringing them into closer alignment with banks.

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Indian stock exchanges adopt mandatory XBRL for investor grievance reporting

In the latest example of India’s ongoing embrace of XBRL, the BSE (formerly Bombay Stock Exchange) and the National Stock Exchange of India (NSE) have issued circulars requiring listed companies to file information on investor grievances in XBRL.

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SEBI sets out position on free data access

The Securities and Exchange Board of India (SEBI) has published a notable circular making clear its approach to securities market data access and terms of use, following a review by its Market Data Advisory Committee.

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Further consolidation and digitisation at India’s central bank

The Regulations Review Authority of the Reserve Bank of India (RBI) has recently made significant recommendations aimed at rationalising data collection and reducing regulatory burdens.

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ICAI seeks feedback on changes to Commercial & Industrial taxonomies for XBRL reporting

The Institute of Chartered Accountants of India (ICAI) is inviting comments on exposure drafts amending India’s Commercial & Industrial (C&I) taxonomies, used to underpin digital reporting.

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Beyond the usual suspects: XBRL avenues to explore in India

XBRL has been used for financial and prudential reporting in India for several years. As digitisation advances apace – hastened by the Covid-19 pandemic – how and where else could India deploy the XBRL standard to facilitate filings and collect high-quality digital data that is easy to access, analyse and compare?

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