There’s a myth doing the rounds: that in the era of AI, we no longer need structured data. That somehow, large language models can read a few PDFs and spit out perfect insights. It’s a nice idea—but it’s dangerously wrong.
The Financial Supervisory Service (FSS) of South Korea announced on 7 April a comprehensive “soft landing” plan to support small and medium-sized listed companies as they begin submitting XBRL annotated financial disclosures.
The European Securities and Markets Authority (ESMA) this week closed its consultation on critical updates set to expand the EU’s digital reporting regime.
Around 8,000 large Dutch enterprises will transition to digital financial reporting using Inline XBRL, following smaller and listed companies already mandated to report digitally.