The UK’s Financial Conduct Authority (FCA), has permitted to use UK Single Electronic Format (UKSEF), a taxonomy which is based on IFRS taxonomy and an extension of ESEF taxonomy to…
June 2, 2023
The UK Department for Business and Trade (DBT), in collaboration with the Financial Reporting Council (FRC), has issued a call for evidence to support the review of…
WHAT IS CIPC CO-OPERATIVE MANDATE?
The Companies and Intellectual Property Commission (CIPC) of South Africa first implemented XBRL-based reporting for private companies in 2018 and has been working on expanding…
May 28, 2023
XBRL EU urges digital for sustainability disclosures at a meeting in Rome this week. At the very successful XBRL-EU conference in Rome earlier this week, the attendees…
May 28, 2023
This week the European Parliament and Council negotiators agreed on the timeline and processes for establishing the European single access point (ESAP), a common data platform that…
May 21, 2023
The Securities and Exchange Commission (SEC) has proposed a new rule proposal Electronic Submission of Certain Materials Under the Securities Exchange Act of 1934; Amendments Regarding…
May 16, 2023
The Securities and Exchange Commission (SEC) published the draft Open-End Fund Taxonomy and taxonomy guide for public review. Files are available at https://www.sec.gov/structureddata/dera_taxonomies. Sample filings using the…
May 12, 2023
The US Securities and Exchange Commission (SEC) adopted welcome amendments that requires open-end funds (OEF) to prepare concise, visually engaging, iXBRL tagged annual and semi-annual reports for…
May 12, 2023
Share buybacks are a significant chunk of US market demand for stocks, amounting to more than $1.25 trillion in 2022. Issuers use buybacks to return capital to…
In September 2022, the FCA sent a portfolio letter to benchmark administrators where the FCA highlighted the risk of poor disclosures for ESG benchmarks. High quality ESG benchmarks are important…
While there has been a lot of focus on climate relate disclosures in recent years, the past year saw some significant import placed on biodiversity and nature in the wider…
The Financial Reporting Council has issued a joint statement with the FCA, the BoE and the TPR welcoming the Government’s update to the Green Finance Strategy, which recognises the role…