The Companies House and HMRC XBRL programmes are extremely successful, having been done in a way that is both very cost effective for filers and beneficial to those interested in utilising structured corporate data for analysis. Read two white papers by XBRL UK examining this success.
XBRL Sweden is hosting a single day event open to discuss the benefits on standard business reporting and how to further develop the use of XBRL for business reporting in the Nordic countries.
The Bank of England’s Prudential Regulatory Authority recently held a seminar of insurance industry members on Solvency II, providing information on what firms need to do to prepare for transposition on 31 March 2015 and implementation on 1 January 2016. Topics included a full policy and implementation overview, modelling, technical information and more.
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 […]
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.
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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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.
