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Items tagged with "Taxonomy"

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Taxonomy Architects: Updated Guidance on Dimensions Now Available

The Taxonomy Architecture Guidance Task Force has now updated its guidance on the use of XBRL Dimensions. The guidance promotes consistency and simplicity in taxonomy designs and XBRL implementations. This “technical FAQ” is more technical than most of our guidance materials, but by providing clear, unambiguous solutions to common technical questions, implementers are left free […]

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CBRF’s XBRL Project Continues to Progress

This week a RegTech conference entitled “Blockchain and Open Platforms: APIs, XBRL and  Ecosystems”  was held in Moscow to examine a range of topics impacting the financial sector. There is hot debate in Russia about the pros and cons of different blockchain protocols and the purpose and eventual impact on the banking sector of Open […]

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Canada to run Webinar for FPIs

With around 300 SEC issuers in Canada (companies that have raised money on US markets) it is significantly impacted by the new IFRS FPI rules published by the SEC. XBRL Canada will hold a webinar on 24 May to help local firms understand the requirements to prepare XBRL or iXBRL versions of their accounts from […]

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IFRS Taxonomy 2017 Webinar now available

On Tuesday 28 March, the IFRS Taxonomy team held a live webinar on the IFRS Taxonomy 2017, featuring IASB member Gary Kabureck. Play back the recorded version of the webinar and access the IFRS Taxonomy 2017 and its supporting materials here.

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Kuwait Capital Markets Authority introduces XBRL based reporting at conference

Accelerating the modernisation of securities regulation in the Gulf region, Kuwait’s Capital Markets Authority recently announced details of its soon to be released XBRL reporting platform.

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Germany suggests G20 Central Banks should develop shared Blockchain

The G20 summit to be held in July 2017 is fast approaching.  The German presidency would like to encourage the accelerated use of digital technology in business and society through enhanced internationally agreed regulatory frameworks. A paper prepared for the G20 meeting by leading German think tank the Centre for International Governance Innovation contains some […]

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Financial Transparency Act Reintroduced in the US

New RegTech legislation would oblige US regulators to use common standards, common definitions and common identifiers. Information would be made available as part of government Open Data efforts.

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IFRS Releases 2017 Taxonomy

Hot on the heels of announcements from the European regulator, ESMA and the US regulator, the SEC, that IFRS disclosures will shortly need to be made digitally, the IASB announced yesterday that the 2017 IFRS Taxonomy is available, representing the IFRS accounting standards as they stand on 1 January 2017. The IFRS taxonomy has been […]

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SEC adopts new taxonomies

It’s clearly a big week for taxonomy updates, with the US SEC also announcing that its EDGAR system has been updated to accept filings that conform to the 2017 US GAAP taxonomy that was published by the FASB in December. A number of other, more minor changes were made at the same time, as well […]

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Banking Taxonomy for Review

The team at Threadneedle street are busy. Hot on the heels of the Capital+ taxonomy, arrives a new draft taxonomy for comment. This is a set of PRA requirements for bank Financial Statements. Once again, the Bank of England has chosen to align its reporting requirements – and taxonomy –  with the EBA framework, taking […]

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