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Items tagged with "Russia"

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Bank of RussiaRussiaTaxonomy

Bank of Russia Releases Taxonomy Version 3.1

By Editor

The Bank of Russia has released XBRL Taxonomy version 3.1, which replaces version 3.0 from 30 September 2019. The updated taxonomy contains adjusted control ratios and a number of improvements aimed mainly at the reporting of joint-stock investment funds and investment fund management companies, mutual funds and non-state pension funds. Read more here. It is mandatory for affected […]

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IFRSRussiaTax

Bank of Russia Sets Three Year Path for Financial Markets

By Dave Nitchman

The Central Bank of the Russian Federation has published its roadmap of strategies for developing more robust financial markets in that country. The document covers everything from improving the financial literacy of the general public, to improving access to capital, promoting transparency and participation in efforts to stabilise global markets.

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RussiaSecuritiesSME

Using Structured Data to Meet Strategic Objectives

By Dave Nitchman

Online media portal Russia Today is reporting that the Bank of Russia is planning on simplifying procedures for the issuance of securities by SMEs, including the introduction of XBRL. The intention is to improve the bond market by cutting costs and improving the flow of information to investors. The CBRF also plans legislation changes to improve overall handling […]

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InsuranceRussiaXII News

A Report from Finnopolis 2015

By Dave Nitchman

XII CEO John Turner spoke at the Finnopolis 2015 conference in Kazan, Russia last week and provides this short report: The conference brought together the Russian FinTech community, the financial services industry and the country’s regulators to discuss a broad range of measures that impact the accelerating digitisation of the Russian financial sector. The leadership of the […]

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RussiaXII News

Russia Approved as XBRL Jurisdiction

By Dave Nitchman

Welcome XBRL Russia as XII’s newest Jurisdiction

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MandateRussia

New Russia Mandate

By Dave Nitchman

The Central Bank of the Russian Federation’s Board of Directors has approved a plan for non-bank financial institutions (NFIs) to report in XBRL

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RegulatorRussia

Roadmap to Paperless Information Exchange in Russia

By Dave Nitchman

An Interagency Task Force meeting was held at the Central Bank of the Russian Federation to outline strategies for direct paperless information exchange, IFRS and the introduction of XBRL.

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