Implementation

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XBRL spearheads trust and transparency in Korean financial landscape

In a recent interview with Mr Lee Byungrhae (이 병 래 ), Secretary General of XBRL Korea and Vice Chairman of the Korean Institute of Certified Public Accountants, he highlighted the pivotal role of XBRL expansion in fortifying global trust, addressing the “Korea discount,” (international valuation gap) and enhancing corporate transparency.

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FERCImplementationUSxBRL-CSV

FERC’s Modernisation Plan: Shifting to xBRL-CSV for Electric Quarterly Reports

By Editor

On 19 October the US Federal Energy Regulatory Commission (FERC) unveiled a Notice of Proposed Rulemaking aiming to revamp the Electric Quarterly Report (EQR) filing process and data collection.

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DigitisationImplementationInline XBRLISAIsrael

Israel consults on digital mandate

By Editor

The Israel Securities Authority (ISA) proposes introducing mandatory digital reporting in Inline XBRL, also known as iXBRL, from 2024.

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CMADataImplementationOman

Oman launches Bayanat data portal

By Editor

The Capital Market Authority of the Sultanate of Oman (CMA) has launched an analytical portal (Bayanat), an interactive platform for exchange of business information drawing on its XBRL data collections. The portal contains significant historical data on the financial results of most companies.

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FSSImplementationSouth Korea

XBRL in Korea set to expand

By Editor

South Korean authorities are set to tackle the country’s valuation gap with a comprehensive set of reforms that aim to enhance the visibility and attractiveness of Korea’s public markets.

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ImplementationSECUS

SEC introduces XBRL for private and public securities in modernisation of Share Repurchase Disclosures

By Editor

Share buybacks are a significant chunk of US market demand for stocks, amounting to more than $1.25 trillion in 2022. Issuers use buybacks to return capital to shareholders, in some ways turning public markets upside down: traditionally companies come to stock exchanges to raise capital, not return it.

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FSSImplementationSouth Korea

South Korea’s XBRL implementation finalised

By Editor

A few weeks ago we reported that the Financial Supervisory Service (FSS) in Korea was looking to increase the scope of XBRL in financial disclosure to align with global standards and improve market transparency. On 30 March, these plans were finalised.

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ImplementationNepalNRBXBRL

Nepal Rastra Bank implements XBRL for its supervisory information system

By Editor

Nepal Rastra Bank (NRB) has recently announced the implementation of an electronic filing system for its Supervisory Information System (SIS). With this new system, banks and financial institutions can now submit and store their financial data in XBRL format.

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FSSImplementationSouth Korea

South Korea expanding XBRL scope in financial statements

By Editor

South Korea’s financial regulator, the Financial Supervisory Service (FSS), has announced that it is considering phasing in mandatory XBRL disclosure and expanding the scope of XBRL to also tagging financial statement annotations and notes.

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ImplementationISAIsrael

Israel transitions to XBRL

By Editor

Israel takes another step towards full XBRL-based digital reporting this week, as the Israel Securities Authority (ISA) dropped requirements to publish financial reports in PDF format.

Implementation

Items tagged with "Implementation"

XBRL spearheads trust and transparency in Korean financial landscape

FERC’s Modernisation Plan: Shifting to xBRL-CSV for Electric Quarterly Reports

Israel consults on digital mandate

Oman launches Bayanat data portal

XBRL in Korea set to expand

SEC introduces XBRL for private and public securities in modernisation of Share Repurchase Disclosures

South Korea’s XBRL implementation finalised

Nepal Rastra Bank implements XBRL for its supervisory information system

South Korea expanding XBRL scope in financial statements

Israel transitions to XBRL

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Implementation

Items tagged with "Implementation"

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