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.
Regulated crowdfunding on digital platforms offers enormous potential for data-driven transparency and credibility for private issuers, regulators and investors, along with increased efficiency and cost reductions. *UPDATED* Video now available.
We highly recommend that you spend a few minutes having a look at the SEC’s new iXBRL Viewer, which provides a “head up display” for the data and data definitions associated with individual disclosures. This “looks like paper, acts like structured data” presentation is easy, intuitive and extremely powerful.
Investors are concerned with sustainability and are eager for hard data to support their investment decisions.
The US SEC has announced a voluntary program allowing firms it regulates to use Inline XBRL (or “iXBRL”). This is another very welcome step forward in enhancing transparency and accountability in reporting.
Siloing among teams leaves data stranded and managed as a technical, rather than analytical exercise – holding back its use.
Fintech is creating new opportunities for collaboration between firms offering new financial services while causing headaches for institutions wed to the old ways of doing business.
Read about an update on how the IFRS Taxonomy is being used for securities regulation and where digital reporting the UK might be headed.
After last year’s successful approval of XBRL as an official Swedish standard, XBRL Sweden has been working on the groundwork for SBR reporting in that country.
An in-depth look at Reporting 3.0 in Estonia from a presentation by Margus Tammeraja, Chairman of the Board at the Association of Estonian Accountants at the Real Time Economy Conference in Finland.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
