Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 SEC approves new rules that expand electronic filing requirements On June 2, 2022, the U.S. Securities and Exchange Commission adopted rule and form amendments (the “Amendments”) that mandate the electronic filing…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Revisions to Calculations 1.1 ensure global utility The XBRL Standards Board has approved a second Candidate Recommendation of the Calculations 1.1 specification, with improvements to ensure full international applicability. The Calculations specification…
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Accountancy Europe on assurance of EU ESG disclosures Accountancy Europe has released an interesting discussion paper on sustainability assurance under the proposed Corporate Sustainability Reporting Directive (CSRD). The CSRD introduces an EU-wide requirement for limited assurance on sustainability information, with the end goal to move to reasonable assurance in the longer term. Assurance is one…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Disclosure management market business overview The global disclosure management market is anticipated to grow at a significant CAGR of 16.1% during the forecast period (2022-2028). By automating the process of creating…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 China signals importance and likely future adoption of ISSB standards Fang Xinghai, vice chairman of the China Securities Regulatory Commission (CSRC) addressed the draft sustainability reporting standards issued by the International Sustainability Standards…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Software vendors needed as Israel adopts inline XBRL As the Israel Securities Authority (ISA) transitions to Inline XBRL (also known as iXBRL) for financial reporting, it is now seeking software companies interested in…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Turkey provides XBRL-driven data analytics In 2020, the highly innovative Central Securities Depository of Turkey (Merkezi Kayıt Kuruluşu, MKK) launched a new value-added data service – the Data Analysis Platform, or…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 New SEC rules for security-based swap execution facilities The US Securities and Exchange Commission (SEC) proposes to create a regime for the registration and regulation of security-based swap execution facilities (SBSEFs).…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 Getting ready for XBRL tax reporting in Hong Kong with draft taxonomy package Hong Kong’s Inland Revenue Department (IRD) has released a preliminary version of its new IRD Taxonomy Package, in…
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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 ISSB delivers proposals that create comprehensive global baseline of sustainability disclosures The proposals―exposure drafts—build upon the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) and incorporate industry-based disclosure requirements…
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