Bank of England publishes final statistical taxonomy
The Bank of England is shifting from XML to XBRL for the collection of significant amounts of statistical data.
Items tagged with "UK"
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UK FCA seeks to expand accepted taxonomies
Tucked into Chapter 8 of the Financial Conduct Authority (FCA) Quarterly Consultation are proposals to allow UK issuers to use a wider range of XBRL taxonomies.
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FRC seeks comments on draft 2022 taxonomies suite
For those interested in reporting in the UK, the Financial Reporting Council (FRC) has issued its draft XBRL taxonomies suite for 2022 on the Yeti taxonomy viewer.
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IFAC urges UK to holistic pursuit of audit quality
The International Federation of Accountants (IFAC) has submitted a thought-provoking response to the UK in its response to the UK Department for Business, Energy & Industrial Strategy (BEIS) consultation on wide-ranging reforms aiming to restore trust in the country’s corporate reporting, audit and governance regime.
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UK FCA plans to extend climate-related disclosures, including investors
The UK’s Financial Conduct Authority (FCA) is consulting on expanded climate-related disclosures, with comments due by 10 September.
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Some thoughts on UKSEF from PwC
What is UKSEF, how does it relate to European standards, and should companies use it? The UK has its own Inline XBRL format and taxonomy, the UK Single Electronic Format (UKSEF), an analogue to the European Single Electronic Format (ESEF).
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Feedback wanted on UK readiness for ESEF
Is the UK ready to implement the Inline XBRL-based European Single Electronic Format (ESEF)? What has the experience of filers been like so far, and what further support is needed? If you have thoughts, the UK Financial Reporting Council (FRC) wants to hear them!
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Bank of England invites input as XBRL adoption advances
The Bank of England is seeking a second round of feedback on its new statistics taxonomy, with the publication on 24 May of version 1.2.0 Public Working Draft 2 (PWD2). The updated taxonomy will support the Bank’s transition from XML to XBRL for its collection of statistical data.
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FCA announces ‘regulatory nursery’ for new companies
The UK’s Financial Conduct Authority (FCA) has unveiled plans to establish a ‘regulatory nursery’ for newly-authorised financial services companies, creating a period of greater oversight and guidance as they develop.
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UK seeks views on mandatory climate disclosures
The UK’s Department for Business, Energy & Industrial Strategy (BEIS) has published a consultation on mandatory disclosures in line with the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD).
