Turkey has officially launched its updated Public Disclosure Platform (known by its Turkish acronym KAP) for the filing of IFRS based financial statements and other material facts by listed companies on the Borsa Istanbul stock exchange to the Capital Markets Board.
Read about an update on how the IFRS Taxonomy is being used for securities regulation and where digital reporting the UK might be headed.
This week the International Organization of Securities Commissions (IOSCO) and the IFRS Foundation announced a programme to promote and facilitate transparency within capital markets through the development and consistent application of IFRS Standards. The two organisations will work closely in the areas of identifying business reporting issues, encouraging the input by capital market authorities into the […]
Our thoughts on remarks by SEC Commissionor Kara Stein on efforts to “breathe new life into the critical matchmaking process between companies and investors”.
The Kuwait News Agency has announced that the Capital Markets Authority in that country will use XBRL in its efforts to regulate and develop the capital market, protect investors and improve the financial system in Kuwait.
The SEC recently issued a “concept release” seeking public comment on business and financial disclosure requirements in Regulation S-K. This is the regulation, first instituted in 1933, that lays out reporting requirements for quarterly, annual, and other various SEC filings used by public companies in the United States.
This week XII CEO John Turner was in Amman in Jordan for the annual meeting of the Arab Federation of Exchanges (AFE). He spoke to a gathering of Chairmen, CEOs and senior executives of stock exchanges from across the region. The meeting attracted some 400 people in all, including broker/dealers, regulators and numerous international experts. A […]
Blockchain and other emerging technologies have the potential to improve a wide range of existing business processes. For them to work, however, they will need to be able to rely on a wide range of high quality structured data, including XBRL documents prepared by companies.
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 […]
The BSE (formerly the Bombay Stock Exchange) is making its taxonomies available online to promote the development of software by the private sector. BSE will continue its existing Excel-based filing tool. The taxonomies released cover disclosures related to Shareholding Pattern, Financial Results for equity and debt, Corporate Governance, the outcome of shareholder voting results and the reconciliation of Share […]