News from XBRL International

From the News from the SEC's Office of Structured Disclosure

From the Federal Register


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News Item

Posted Tuesday, February 19, 2019

Novaworks News – February, 2019

In this issue:

  • SEC Extends Comment Period for Updated Disclosure Requirements for Variable Annuities and Variable Life Insurance Contracts
  • SEC’s Peak Filing Schedule for 2019
  • SEC Brings Charges in EDGAR Hacking Case
  • SEC Resumes Normal Operation

Posted Monday, February 18, 2019

SEC Updates Interactive Data Test Suite

The SEC has updated their interactive data test suite which can be found here. Read the release.


Posted Monday, February 11, 2019

SEC Edgar Filer Manual with Changes Related to Inline XBRL

On March 11, 2019, the following changes will be made to the EDGAR Filer Manual as part of EDGAR Release 19.1 related to Inline XBRL: The list of submissions that allow the primary document to be in iXBRL format is expanded to include submission form types S-1, S-1/A, S-1MEF, S-3, S-3/A, S-3ASR, S-3D, S-3DPOS, S-3MEF, […more]


News Item

Posted Friday, January 25, 2019

XBRL US Comments on SEC Proposed Collection of Interactive Data

XBRL US has submitted a comment letter responding to the SEC request for comment on the Proposed Collection of Interactive Data. Key points made in the letter: Access to interactive data enhances the Commission’s ability to monitor companies and perform analysis Reduces the cost of analysis for investors and analysts Streamlines and improves efficiencies (reduces cost) […more]


News Item

Posted Thursday, January 17, 2019

Federal Energy Regulatory Commission (FERC) Proposes XBRL Requirement

The Federal Energy Regulatory Commission (FERC) posted a proposal to require the use of XBRL for reporting Commission Form Nos. 1, 1-F, 2, 2-A, 3-Q electric, 3-Q natural gas, 6, 6-Q, 60, and 714 for utilities. The proposal is out for a 30 day comment period which ends March 6, 2019. Read the proposal.


News Item

Posted Thursday, January 17, 2019

GREAT Act Passes U.S. House of Representatives

The GREAT Act (H.R. 150) unanimously passed the House of Representatives in the 116th Congress. The GREAT (Grants Reporting Efficiency and Agreements Transparency) Act calls for the creation of a comprehensive and standardized data structure (“taxonomy”) covering all reported federal grant and assistance data. Read the bill.


Posted Tuesday, January 15, 2019

XBRL US Letter RE: Draft Federal Grants Management Data Standards

XBRL US white paper “XBRL US Center for Data Quality, an industry initiative for the common good”, details timeline, milestone and accomplishments to date including significant reduction in errors, greater engagement with regulators and expanding usage of XBRL data.


Posted Monday, January 14, 2019

OPEN Government Data Act Passed

The Open (Open, Public, Electronic and Necessary) Government Data Act passed. The goal of the bill is to improve data portability, openness, and transparency without specifying certain formats or technology. It defines open data, creates minimal standards for making federal government data available to the public, requires the federal government to use open data to […more]


News Item

Posted Wednesday, January 9, 2019

XBRL US Data Quality Committee Approves 7th Ruleset

8th Ruleset published for public review and comment period The XBRL US Data Quality Committee (DQC) has finalized, approved, and published its 7th Ruleset which includes 13 types of validation checks for filings prepared using the US GAAP Financial Reporting Taxonomy as well as two guidance documents. The DQC also published an 8th Ruleset for […more]


XBRL Taxonomy

Posted Tuesday, January 1, 2019

Variable Annuity Taxonomy, Demonstration Release

In October 2018, the United States Securities and Exchange Commission published a rule proposal on Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts with comments due by March 15, 2019. Demonstration Release Taxonomy (.zip) If the proposal is passed as currently written, it will require variable contract registrants to […more]


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