Politics and Regulation in the US
Business Reporting is both a political and regulatory exercise, and there have been recent movements on both fronts in the US.
Business Reporting is both a political and regulatory exercise, and there have been recent movements on both fronts in the US.
The Bank of England’s FinTech Accelerator program engages with FinTech firms to develop new solutions, based on blockchain and other innovative technologies, for the BoE to use in its role as the UK’s central bank.
The Australian Taxation Office is projecting total savings in 2015-2016 from SBR to be a staggering A$1.1 billion.
We and others maintain, with ample evidence, that structured data can transform the business reporting process for regulators and firms; and can provide an environment of improved analytics and transparency for investors. This is only being enhanced by the introduction of new technologies and processes leveraging Blockchain, AI and Big Data. The CFA Institute has […]
As more and more countries adopt XBRL, the potential for more collaboration, driving new innovation, becomes a reality.
In its response to the SEC regarding the “Concept Release on Business and Financial Disclosure Required by Regulation S-K”, the Sustainability Accounting Standards Board (SASB) pushed the SEC to broaden its use of XBRL. In response to the question as to how the quality of structured disclosures can be enhanced, SASB called for the voluntary XBRL […]
The European Securities and Markets Authority (ESMA) has released a discussion paper examining the implications of Distributed Ledger Technology (DLT) when applied to securities markets, including the possible benefits, risks and challenges.
The SEC has accepted its first iXBRL filing. Follow the link to the SEC’s iXBRL viewer.
UK based XII staff, like the rest of the world, woke up to a shock last Friday. The ongoing market and currency turmoil, as well as the sheer complexity of the upcoming negotiations and political, legal and economic changes will have an ongoing impact on Europe and, umm, the formerly “United” Kingdom for some time. […]
While broad based adoption in the banking industry could take as long as a decade, exchanges and certain behind the scenes players could feel the impacts of “permissioned” blockchain uptake in as little as 12-18 months.