The G20 summit to be held in July 2017 is fast approaching. The German presidency would like to encourage the accelerated use of digital technology in business and society through enhanced internationally agreed regulatory frameworks. A paper prepared for the G20 meeting by leading German think tank the Centre for International Governance Innovation contains some […]
New RegTech legislation would oblige US regulators to use common standards, common definitions and common identifiers. Information would be made available as part of government Open Data efforts.
Hot on the heels of announcements from the European regulator, ESMA and the US regulator, the SEC, that IFRS disclosures will shortly need to be made digitally, the IASB announced yesterday that the 2017 IFRS Taxonomy is available, representing the IFRS accounting standards as they stand on 1 January 2017. The IFRS taxonomy has been […]
It’s clearly a big week for taxonomy updates, with the US SEC also announcing that its EDGAR system has been updated to accept filings that conform to the 2017 US GAAP taxonomy that was published by the FASB in December. A number of other, more minor changes were made at the same time, as well […]
The team at Threadneedle street are busy. Hot on the heels of the Capital+ taxonomy, arrives a new draft taxonomy for comment. This is a set of PRA requirements for bank Financial Statements. Once again, the Bank of England has chosen to align its reporting requirements – and taxonomy – with the EBA framework, taking […]
New rules come into force on 30 June 2017, with enhanced validation rules and revised reporting requirements to impact banks across Europe.
Following publication in the Official Gazette of the Italian Republic, updates made at the end of 2016 to the taxonomy for limited liability companies filing with the Italian InfoCamere (Chambers of Commerce) are in effect for all financial statements ending 31 December 2016 or later.
The Bank of England has published a public working draft (PWD) of its Banking XBRL Taxonomy (v0.9.1). Comment deadline is 16 January.
On 18 January, XBRL US will host a webinar to share how the solar industry is leveraging XBRL in this effort to drive down costs and reduce the burden on businesses and financial institutions in renewable energy projects.
The IFRS Foundation is seeking public comment on its most recent proposed update to the IFRS Taxonomy 2016—Common Practice.