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Items tagged with "US"

Updated VIP taxonomy

Draft of updated 2024 VIP taxonomy now available

The US Securities and Exchange Commission (SEC) has released a draft of the updated 2024 Variable Insurance Product (VIP) Taxonomy. This update follows the SEC’s adoption of rules amending Form N-4, which is now required for issuers of Registered Index-Linked Annuities (RILAs) and Registered Market Value Adjustment (MVA) Annuities to register offerings.

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Comments on SEC draft cybersecurity disclosure taxonomy

Earlier this summer XBRL US submitted comments to The Securities and Exchange Commission (SEC)  on the recently released draft Cybersecurity Disclosure (CYD) taxonomy.

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Draft rule for the FDTA proposed

After several years of discussion and planning, the Financial Data Transparency Act (FDTA) is poised to become a reality with the release of a draft rule proposal.

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Untangling municipal securities with the LEI

Earlier this month Campbell Pryde, President and CEO of XBRL US, addressed the complexities of identifying obligors in the municipal bond market. He highlighted how leveraging the Legal Entity Identifier (LEI) within the Municipal Securities Rulemaking Board’s (MSRB) Electronic Municipal Markets Access (EMMA) system can streamline data searches.

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FASB completes conceptual framework with new chapter on measurement

Earlier this month the Financial Accounting Standards Board (FASB) issued the final chapter of its Conceptual Framework. This new chapter focuses on the measurement of items in financial statements, enhancing the toolset available to the FASB for setting standards.

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Navigating the complexities of climate disclosure compliance in the US

The evolving landscape of climate-related regulations poses significant challenges and costs for companies. This was the focus of a recent discussion led by Marc Siegel, PwC Partner, during a virtual panel hosted by CFO Dive.

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SEC releases final swaps-based securities taxonomy

The US Securities and Exchange Commission (SEC) has published the final Security-Based Swap (SBS) Taxonomy. This taxonomy will be integrated into the EDGAR 24.2 release, facilitating the digital filing of compliance and risk-management information by swap trading entities.

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The state of disclosure review: insights from the SEC

Erik Gerding, Director of the Division of Corporation Finance at the US Securities and Exchange Commission (SEC), recently shared reflections on the SEC’s Disclosure Review Program.

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SEC clarifies rules on selective disclosure of cybersecurity incidents

On 20 June 2024, Erik Gerding, Director of the Division of Corporation Finance at the US Securities and Exchange Commission (SEC), issued a statement addressing the selective disclosure of information regarding material cybersecurity incidents.

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Celebrating 90 years of the SEC: The power of mandatory disclosure

On 6 June, the US Securities and Exchange Commission (SEC) celebrated its 90th anniversary, commemorating nine decades of investor protection and market oversight.

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