The Securities and Exchange Commission (SEC) announced that the EDGAR System has been upgraded to Release 23.1 and now supports 2023 taxonomies. The newly released Executive Compensation Disclosure (ECD) taxonomy now includes the elements needed for tagging disclosures required by the Commission’s final rule on Insider Trading Arrangements and Related Disclosures. The 2023 U.S. Generally Accepted Accounting Principles (GAAP) Financial Reporting taxonomy and the 2023 SEC Reporting Taxonomy reflect the same taxonomy versions that the Financial Accounting Standards Board made available on its website on December 16, 2022.
The other 2023 taxonomies listed below are the final versions of the draft taxonomies posted by Commission staff for public comment on November 4, 2022. Refer to the final 2023 taxonomies’ Release Notes for details of the changes.
- Closed-End Fund (CEF)
- Countries (COUNTRY)
- Currencies (CURRENCY)
- Document and Entity Information (DEI)
- Executive Compensation Disclosure (ECD)
- Exchanges (EXCH)
- North American Industry Classification System (NAICS)
- Risk/Return (RR)
- Standard Industrial Classification (SIC)
- State and Province (STPR)
- Variable Insurance Product (VIP)
The staff does not anticipate the removal of the 2021 versions of any taxonomies to occur before June 2023. All supported standard taxonomies can be found here https://www.sec.gov/info/edgar/edgartaxonomies.shtml
