XBRL US submitted a comment letter in response to the Commodity Futures Trading Commission (CFTC) Request for Information on Climate-Related Financial Risk. The XBRL US letter explained the importance of data standards in understanding and conducting oversight of climate-related financial risk by the CFTC. Climate-related financial risks that affect market participants and commodities will inevitably affect the derivatives on which they are based. Buyers and sellers of derivatives should be protected from these risks just as those that may invest directly in the underlying asset.
Read the letter: XBRL US Comment on CFTC Climate Related Financial Risk 10 7 2022
Upcoming XBRL US Events
Accounting, AI, And Automation: Preparing for the Future of Finance
Reporting Modernization Work Group Meeting
AI and Structured Data Forum: Optimizing Performance
Domain Steering Committee Meeting
Communications & Services Steering Committee Meeting
Standard Government Reporting Work Group Meeting
Structured Data Case Studies: Unlocking the Power of XBRL for Next-Generation Financial Analysis
Center for Data Quality Committee Meeting



