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ECB supports LEI and enhanced reporting A recent European Commission (EC) consultation on LEI & enhanced reporting – designed to inform the new EU digital finance strategy – has been considering amendments to the EU regulatory framework in response to
LEI embedded in ESEF boosts Trust When public companies across Europe begin filing annual financial reports in the digital, machine-readable ESEF format at the start of 2020, alongside introducing iXBRL tagging, they will also begin to embed their Legal Entity
EU to move forward with Single Access Point Ensuring that companies across the EU can get the investment they need to recover from the Covid-19 crisis means making sure investors have access to usable, comparable data. This week the European Commission
GLEIF Oversight Committee to govern Derivatives Identifiers The Financial Stability Board (FSB) announced that the Global Legal Entity Identifier Foundation (GLEIF), responsible for the LEI, would begin overseeing the unique identifiers used to track over-the-counter (OTC) derivatives this week from
Following growing support for global non-financial standards, the International Financial Reporting Standards (IFRS) Foundation has published a consultation paper to formally assess the demand for sustainability standards, and gauge support for the Foundation’s role in developing them. An increasing number
European single electronic format for financial statements mandated The European Commission has issued rules requiring all listed companies across EU member states who report under IFRS to submit their annual financial statements digitally as iXBRL documents from 1 January 2020.
CIPC to Implement iXBRL Project’s Second Stage South Africa’s Companies and Intellectual Property Commission (CIPC) became the first regulator in Africa to roll out full scale implementation of Inline XBRL a year ago, in July 2018. After successful completion of
Defining Taxonomy Labels? Guidance now available Labels are an essential part of an XBRL taxonomy, providing human-readable descriptions of the tags that it defines. XBRL provides a very flexible and powerful mechanism for defining labels, supporting labels of different types
Defining XBRL Filing Rules? Refer to This Checklist Filing rules are specific technical requirements, including descriptions of limitations of filing system. They are needed to ensure that XBRL and iXBRL reports are accepted by data collection systems used by regulators,
New Open Source Inline XBRL Viewer Released The Inline XBRL viewer developed by Workiva, first previewed at Data Amplified 2018, has now been released as open source software. The viewer makes Inline XBRL tagged content dynamic and immediately usable, unlocking