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Items tagged with "XBRL"

Unlocking the Potential of ESG Disclosures in India: A Must-Read Analysis

In an era in which sustainability is not just a choice but a necessity, understanding the Environmental, Social and Governance (ESG) landscape is crucial for stakeholders throughout the business data ecosystem. Our latest white paper, ‘Unearthing Insights from India’s ESG Disclosures,’ dives deep into digital Business Responsibility and Sustainability Reporting (BRSR) data for the financial […]

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Implicit XBRL mandate here to stay for Swiss climate reporting

Digital climate disclosures are coming to Switzerland. Xenia Karametaxas, Sustainable Finance Policy Advisor to the Swiss State Secretariat for International Finance, spoke to independent analyst and investor Christian Dreyer CFA on Monday 16 October at Data Amplified 2023.

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Report Packages specification progresses with Proposed Recommendation

The XBRL Standards Board has approved a further Proposed Recommendation for the XBRL Report Packages 1.0 specification, incorporating improvements fed back by the XBRL community.

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Country and currency taxonomies progress to Candidate Recommendation status with improved structure

The new taxonomies, now promoted to Candidate Recommendation status, will free regulators from manually defining and maintaining their own lists, and improve the consistency and comparability of XBRL reports.

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Nepal Rastra Bank implements XBRL for its supervisory information system

Nepal Rastra Bank (NRB) has recently announced the implementation of an electronic filing system for its Supervisory Information System (SIS). With this new system, banks and financial institutions can now submit and store their financial data in XBRL format.

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The data doesn’t lie

The past few weeks have been chaotic in global financial markets, including a run on Silicon Valley Bank, quickly followed up with a wave of panic uncertainty around Credit Suisse, with both deposit-taking institutions subject to rapid regulatory resolution over the past couple of weekends.

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Support for XBRL in UK sustainability investment disclosures and labels

Innovate Finance recently shared a useful comment response to the UK Financial Conduct Authority (FCA) consultation paper Sustainability Disclosure Requirements and investment labels.

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New Italian legislation requires XBRL filing for subsidised loans

Credit consortia in Italy are now able to grant subsidised loans to SMEs in all economic sectors – with the subsidised credit coming with an XBRL filing obligation.

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OSCA switched off as Bank of England transitions to BEEDS

Over the past two years the Bank of England has been transforming the way it gathers regulatory and statistical reporting data, transitioning statistical data collection to XBRL. On 1 December this transition was completed with the final sunsetting of the prior Online Statistical Collection Application (OSCA) system.

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Indonesia introduces XBRL for tax

Indonesia’s Directorate General of Taxes (Direktorat Jenderal Pajak or DGT) recently issued guidance on several new aspects for entities to consider while using a new XBRL-based feature for their tax returns.

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