An article published in Forbes on 15 April, titled ‘The SEC’s Technology Modernization Is Accelerating – Are You Ready?’ calls out XBRL as one of the most important aspects of modernisation efforts at the US Securities and Exchange Commission (SEC).
A post by John Turner, CEO of XBRL International. Last week we ran the first Data Amplified Virtual event, enjoying great content and some superb speakers. Thank you very much to everyone that was involved. I thought it might be helpful to set out my own reflections on some of the issues that came together […]
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The Bank of England has unveiled its plans for renewing the way that it collects data. In ‘Transforming Data Collection from the UK Financial Sector: A Plan for 2021 and beyond,’ it sets out a decade-long effort to transform its ability to gather and make available high-quality, timely data.
If you have views on the proposed European Single Access Point, now is the time to make them known! The European Commission consultation was originally closing next week, but has now been extended by a week through 12 March 2021.
While updates have been trickling in in recent weeks, there’s now official news on the European Single Electronic Format (ESEF) mandate. The European Commission (EC) has published a list of countries that have opted for a one-year ESEF postponement due to Covid-19, pushing its start to January 2022.
XBRL Finland has carried out a very useful investigation into how the Finnish market is responding to ESEF, the Inline XBRL-powered European common standard for financial reporting.
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.
It goes without saying that 2020 has been a difficult year, with all sectors facing unprecedented challenges. However, in slim silver-linings news, the stay-at-home orders have accelerated an already-underway pivot to digital across the board. In fact, the need for rapid, high-quality data while tracking the effects of the pandemic has also highlighted just how crucial digital, structured, machine-readable […]
This week the Global Legal Entity Identifier Foundation (GLEIF) announced the next step for the Legal Entity Identifier (LEI): a fully digital LEI service capable of enabling instant and automated identity verification across all industries worldwide.
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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.
