The New Zealand External Reporting Board (XRB) recently published a position paper, outlining the many benefits of digital financial reporting and highlighting its widespread adoption among New Zealand’s trading partners.
For a quick refresh on the transformative power of XBRL and the need for open data, it’s worth taking a look at a recent video from Rachel Carpenter, CEO of Intrinio. Carpenter highlights the staggering potential cost savings of structured financial data with XBRL.
In an era in which sustainability is not just a choice but a necessity, understanding the Environmental, Social and Governance (ESG) landscape is crucial for stakeholders throughout the business data ecosystem. Our latest white paper, ‘Unearthing Insights from India’s ESG Disclosures,’ dives deep into digital Business Responsibility and Sustainability Reporting (BRSR) data for the financial […]
Digital climate disclosures are coming to Switzerland. Xenia Karametaxas, Sustainable Finance Policy Advisor to the Swiss State Secretariat for International Finance, spoke to independent analyst and investor Christian Dreyer CFA on Monday 16 October at Data Amplified 2023.
The XBRL Standards Board has approved a further Proposed Recommendation for the XBRL Report Packages 1.0 specification, incorporating improvements fed back by the XBRL community.
The new taxonomies, now promoted to Candidate Recommendation status, will free regulators from manually defining and maintaining their own lists, and improve the consistency and comparability of XBRL reports.
Nepal Rastra Bank (NRB) has recently announced the implementation of an electronic filing system for its Supervisory Information System (SIS). With this new system, banks and financial institutions can now submit and store their financial data in XBRL format.
The past few weeks have been chaotic in global financial markets, including a run on Silicon Valley Bank, quickly followed up with a wave of panic uncertainty around Credit Suisse, with both deposit-taking institutions subject to rapid regulatory resolution over the past couple of weekends.
Innovate Finance recently shared a useful comment response to the UK Financial Conduct Authority (FCA) consultation paper Sustainability Disclosure Requirements and investment labels.
Credit consortia in Italy are now able to grant subsidised loans to SMEs in all economic sectors – with the subsidised credit coming with an XBRL filing obligation.
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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.
