Posted on Thursday, July 30, 2020

XBRL US submitted a comment letter to the SEC’s Office of Structured Disclosure providing input on the draft VIP Taxonomy which will be used by variable annuity and variable life insurance companies to comply with the SEC’s recently finalized rule on Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts. The comment letter which was prepared through an ad hoc working group of XBRL US members, made recommendations including suggested changes to technical aspects of the taxonomy, requests for comprehensive samples of Inline XBRL reports, revisions to the Taxonomy Guide, and additional supporting materials including a spreadsheet of taxonomy elements for ease of element review.

Read the SEC final rule.

Read the XBRL US comment letter: XBRL US Comment RE Draft VIP Taxonomy

Review the draft VIP taxonomy.

Upcoming XBRL US Events

Center for Data Quality Committee Meeting
Thursday, June 27, 2024

Get Ready for SEC Fee Based Filing Payments Modernization
Thursday, July 11, 2024

Domain Steering Committee Meeting
Tuesday, July 16, 2024

Communications & Services Steering Committee Meeting
Tuesday, July 16, 2024

GovFin 2024: Municipal Reporting Workshop
Tuesday, July 30, 2024

FERC: How Regulators Use Technology to Improve Efficiency
Wednesday, September 11, 2024