Our banking-minded readers will know that the Bank of England has successfully transitioned from XML to XBRL for its statistical data collection, publishing its final version 1.2.0 statistics taxonomy in September 2021.
Our readers with an interest in reporting in the UK may like to note that the Financial Reporting Council has opened applications for its new Stakeholder Insight Group (SIG).
The Bank of England’s Prudential Regulation Authority (PRA) has made a number of changes to its regulatory reporting requirements for the banking sector.
In news that may catch the attention of doubters when it comes to investing in regulatory reporting, the Bank of England’s Prudential Regulation Authority (PRA) recently fined Metro Bank 5.38 million pounds (just over 7 million dollars) for failures in its regulatory reporting.
The Bank of England (BoE) has issued a request for input from suppliers on designing solutions to tackle the challenges of modernising its approach to data collection.
The Financial Conduct Authority (FCA) has recently released two key pieces of updated guidance on structured reporting for issuers in the UK using the Inline XBRL-based European Single Electronic Format (ESEF).
The UK Financial Reporting Council’s Financial Reporting Lab is celebrating its tenth anniversary in its latest newsletter.
Do you need to catch up on the Bank of England’s digital transition for statistical data collection? If so, you might find a recent post from Invoke to be a useful summary.
“Digital data is a key component of a well-functioning capital market,” say the UK’s Financial Reporting Council (FRC) and Financial Conduct Authority (FCA).
In case you missed it and of particular interest to vendors operating in the UK, in October the Financial Reporting Council (FRC) published its XBRL Tagging Guide for the UKSEF Taxonomy Version 1.0.