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EY survey offers insights into future of reporting

EY has published the results of its ‘2020 EY Global Financial Accounting and Advisory Services (FAAS) corporate reporting survey,’ with a number of interesting insights into how the reporting landscape is changing. It is based on responses from more than 1,000 CFOs, financial controllers and other senior finance leaders.

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GLEIF reveals issuance and infrastructure models for vLEI

The Global Legal Entity Identifier Foundation (GLEIF) has unveiled the issuance and technical infrastructure models that it will deploy in its new verifiable LEI (vLEI) system.

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Busted! Have you fallen for any of these ESG myths?

Our resident mythbuster, Mohini Singh – ACA, Director of Financial Reporting Policy at CFA Institute and Treasurer of the XBRL International Board of Directors – is back. This time she’s turned her attention to environmental, social and governance (ESG) ideas, in a new guest post in the Taggings section of the XBRL international website.

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Digital Exchange to Launch in Chongqing

Singapore’s capital markets platform iSTOX, a graduate from the Monetary Authority of Singapore (MAS) Fintech Regulatory Sandbox, is set to establish a new digital securities exchange in Chongqing to serve the Chinese market.

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Are we at risk of Data Fragmentation?

What would a world where data was restricted by borders look like? This week the Bank of England’s blog, Bank Underground, explored the threat that fragmentation in the global data supply chain could pose to financial services.

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Post

Missing: A Single Electronic Access Point for the European Single Electronic Format

This is a guest post by Ms Mohini Singh, ACA, Director Financial Reporting Policy at CFA Institute. Technology to Improve Democratization of Information: Our Historical Efforts CFA Institute has long-supported technology to improve the accessibility of information for investors. Before the implementation of the US SEC EDGAR (Electronic Data Gathering, Analysis, and Retrieval) system in […]

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Collaboration, Iteration: Keys to the Shift From Paper to Data

At a conference organised by the European Commission (EC) and Deloitte this week, experts discussed the next steps for digital reporting for EU companies.

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LEI News: July Update

A Global Legal Entity Identifier Foundation (GLEIF) blogpost this summer provided an overview of the latest news relevant to Legal Entity Identifier (LEI) adoption, highlighting the growing recognition of the LEI’s contribution to the development of a global, digital economy. In May we reported on the Global Legal Entity Identifier Foundation (GLEIF) taking the first small step in […]

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Updates on XBRL Implementations in Asia

At the 10th XBRL Asia Round Table in Tokyo delegations from the Indonesia Stock Exchange, Taiwan Stock Exchange, XBRL Korea and Companies Commission of Malaysia (SSM) shared updates on their current XBRL implementations and future roadmaps. Each of their projects is working towards enhancing the scope of reporting in XBRL, and trying to improve the efficiency of […]

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SEC Releases Digital Assets Framework

The Securities and Exchange Commission (SEC) have released a framework to help clear up the confusionsurrounding buying and selling digital assets eg. initial coin offerings (ICOs) and cryptocurrencies. Yes, the market for crypto assets has crashed, but there is still a trickle of activity! Perhaps anticipating increased interest in the future, numerous regulators have published, […]

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