The European Banking Authority (EBA) has published phase 1 of the new version 3.1 of its reporting framework, which is expected to apply from September 2021. It reflects new reporting requirements for investment firms, as well as changes to resolution planning reporting and supervisory benchmarking.
The XBRL Standards Board has approved publication of a Public Working Draft of the new version of the Assertion Severity specification, and an accompanying requirements document, adding more flexibility to the rules that detect and highlight different levels of issues in XBRL reports.
We’re pleased to note that XBRL implementation in Jordan is having success, following its introduction last year.
Our (many!) readers concerned with data quality, and the processes involved in validation, may be interested in a new blog series on validity in XBRL from CoreFiling, from Executive Chairman Philip Allen.
To us at XBRL International it’s clear that XBRL data enables better decision making and offers value to investors and users of all kinds. Supporting that assertion is a point-of-view post at XBRL US, in which Steven Huddart of the Smeal College of Business at Penn State University asks “Are XBRL data better at predicting […]
The European Commission has adopted a proposal for a Corporate Sustainability Reporting Directive (CSRD), to amend and replace the current Non-Financial Reporting Directive (NFRD).
Head over to the Taggings section of the XBRL International website for a post from our CEO John Turner, reflecting on the future of reporting as glimpsed at the 2021 Data Amplified Virtual conference. The world is changing fast – in ways that will make reporting even more important.
Those of our readers who attended Data Amplified will know that Revathy Ramanan, XBRL International’s Guidance Manager, wowed the audience with a live demonstration, building multiple analytical reports on the fly. She has revisited her conference session with a new blog post on the Taggings section of our website, ‘xBRL-JSON makes report consumption easier!’
An article published in Forbes on 15 April, titled ‘The SEC’s Technology Modernization Is Accelerating – Are You Ready?’ calls out XBRL as one of the most important aspects of modernisation efforts at the US Securities and Exchange Commission (SEC).
A post by John Turner, CEO of XBRL International. Last week we ran the first Data Amplified Virtual event, enjoying great content and some superb speakers. Thank you very much to everyone that was involved. I thought it might be helpful to set out my own reflections on some of the issues that came together […]