Standardisation

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SEBI Chair Madhabi Puri Buch champions standardisation to drive fintech innovation

In a great speech at the Global Fintech Fest, Chair Madhabi Puri Buch of the Securities and Exchange Board of India (SEBI) highlighted the transformative impact of standardisation (and XBRL) in the financial sector. She advocated for these measures as critical tools to lower overall costs and reduce the barriers to innovation for fintech companies.

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APRAAustraliaESGStandardisation

APRA publishes disclosure standard

By Editor

The Australian Prudential Regulation Authority (APRA) has released its final Prudential Standard APS 330 Public Disclosure for locally incorporated authorised deposit-taking institutions (ADIs). The new standard follows a public consultation, and will be effective from 1 January 2023.

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Real EstateStandard Business ReportingStandardisation

More efficient property data

By Editor

A recent interview with the Dutch Bank ING’s real estate team outlined how standardisation and data harmonisation is working to reduce risk and increase efficiencies in the real estate sector.

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CDPESGISSBStandardisationSustainability

Alignment progressing as CDP adopts ISSB Standard

By Editor

During a busy week at COP27 the International Sustainability Standards Board (ISSB) and CDP (formerly the Carbon Disclosure Project) announced that CDP will incorporate the ISSB’s Climate-related Disclosures Standard (IFRS S2) into its global environmental disclosure questionnaires.

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DigitisationSmall BusinessStandardisationXBRL USxBRL-CSV

Exploring XBRL for bond access by US small businesses

By Editor

As we recently reported, the US Small Business Administration (SBA) has introduced a modernised process allowing small businesses to use xBRL-CSV to submit Work-in-Process (WIP) information used in the SBA Surety Bond Guarantee (SBG) Program, replacing time-consuming manual data entry.

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AuditEUPIEReportingStandardisation

Level playing field needed? Diverse approaches hamper consistent reporting and audit across Europe

By Editor

Just what is a public interest entity, or PIE? In fact, the answer can vary depending on where you are: a useful new paper from Accountancy Europe summarises the significant variation in how European nations define PIEs.

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CybersecurityFSBReportingStandardisation

FSB calls for convergence in cyber-incident reporting

By Editor

We were interested to note a recent report from the Financial Stability Board (FSB) examining current approaches to cyber-incident reporting and suggesting next steps for broader convergence.

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StandardisationStandardsUSXBRL US