In news that may catch the attention of doubters when it comes to investing in regulatory reporting, the Bank of England’s Prudential Regulation Authority (PRA) recently fined Metro Bank 5.38 million pounds (just over 7 million dollars) for failures in its regulatory reporting.
The Bank of England (BoE) has issued a request for input from suppliers on designing solutions to tackle the challenges of modernising its approach to data collection.
The Financial Conduct Authority (FCA) has recently released two key pieces of updated guidance on structured reporting for issuers in the UK using the Inline XBRL-based European Single Electronic Format (ESEF).
The UK Financial Reporting Council’s Financial Reporting Lab is celebrating its tenth anniversary in its latest newsletter.
Do you need to catch up on the Bank of England’s digital transition for statistical data collection? If so, you might find a recent post from Invoke to be a useful summary.
“Digital data is a key component of a well-functioning capital market,” say the UK’s Financial Reporting Council (FRC) and Financial Conduct Authority (FCA).
In case you missed it and of particular interest to vendors operating in the UK, in October the Financial Reporting Council (FRC) published its XBRL Tagging Guide for the UKSEF Taxonomy Version 1.0.
We enjoyed a recent item in Financial Director, reporting on concerns from the Financial Reporting Council (FRC). It has found that climate and other environmental, social and governance (ESG) commitments outlined in narrative and financial reporting do not always match.
With COP26 upon us, it is no surprise that climate and sustainability have been at the forefront of our minds around the world in recent days and weeks. In the UK, a number of announcements are set to have important impacts for reporting into the future.
The UK Financial Reporting Council’s Financial Reporting Lab is celebrating its tenth birthday, and ICAEW has marked the occasion with an interview with its Director, Phil Fitz-Gerald.
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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.
