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Items tagged with "UK"

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UK FRC Publishes Updated Taxonomy and Guidance

Revised taxonomies that meet the needs of changed regulations under EU-adopted IFRS and the new FRS 101 and FRS 102 standards are “an important step in making corporate reports more transparent and accessible to investors” according to Melanie McLaren, Executive Director Codes and Standards at the UK Financial Reporting Council (FRC). HM Revenue & Customs (HMRC) and Companies […]

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Companies House: Business “Plumbing” now at Light Speed

Listen to an interview with Companies House CEO Tim Moss, on how the UK’s companies registry is using XBRL to help UK commerce become more competitive.

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UK Plans Stringent Prudential Rules

The UK is planning to adopt a stringent version of European Union (EU) rules on capital adequacy for its own underwriters, despite realizing that it will face criticism from EU members. Britain’s Prudential Regulation Authority (PRA) chief executive Andrew Bailey was quoted by Reuters as saying that the proposed rule, known as Solvency II (S-II), […]

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