Earlier this month the Digital Signatures – or D6 – working group released the Digital Signatures in XBRL 1.0 specification as a Candidate Recommendation, an important step towards improved security in financial reporting.
In a recent speech, US Securities and Exchange Commission (SEC) Chair Gary Gensler addressed the importance of digital data to fair, efficient, financial markets. Speaking at the 11th Annual Conference on Financial Market Regulation, Gensler highlighted the evolution of the SEC’s disclosure requirements.
In a recent comment letter to the US Securities and Exchange Commission (SEC), XBRL US advocated for the adoption of the Inline XBRL format for Rule 17g-3, on annual financial and other reports by nationally recognised statistical rating organisations (NRSROs).
The International Sustainability Standards Board (ISSB) published the IFRS Sustainability Disclosure Taxonomy (ISSB Taxonomy) this week, providing the pathway for sustainability reporting to be taken up a notch in terms of clarity, efficiency, and utility.