October, 2026 
OCC Final GENIUS Act Rule published. The OCC announcement and rule, GENIUS Act: Revised Reporting Forms and Instructions for Permitted Payment Stablecoin Issuers Subject to the Jurisdiction of the Office of the Comptroller of the Currency, states that "...the OCC will ensure that the reporting forms are consistent with the FDTA and the agencies' joint rule. Of note, the OCC will be able to accept some ISO 20022 structures, such as eXtensible Markup Language (commonly known as "XML")". The final rule includes an Agency Information Collection request for comment on Reporting Forms and Instructions for Permitted Payment Stablecoin Issuers Subject to the Jurisdiction of the Office of the Comptroller of the Currency. This Notice and request for comment is seeking input on the weekly and quarterly forms required from permitted payment stablecoin issuers, with feedback required by November 23, 2026.
XBRL US submitted a comment letter in response to the Securities and Exchange Commission Regulation Crypto Assets File Number S7-2026-27. The proposal calls for data reported to be submitted in a custom XML schema and in HTML. The XBRL US letter recommended that the Commission require all data to be reported in conformance with the XBRL semantic data model to reduce costs across the supply chain and to generate data that is machine-readable, and of the highest quality because data can be automatically validated. The letter noted that this approach would give issuers reporting flexibility within a standardized structured reporting program and would align reporting requirements with the FDTA and with other stablecoin regulatory programs. We also encouraged the Commission to require all data reported to be submitted to the SEC EDGAR System rather than posting to a corporate web site to ensure ease of data access. In addition, we urged the SEC to require identifiers for the entity and the digital asset: the Legal Entity Identifier (LEI) for each issuer, and the ISO 24165 Digital Token Identifier (DTI) for the subject crypto asset.
The SEC announced that the Financial Accounting Standards Board (FASB) has issued their Proposed 2027 Data Quality Committee Rules Taxonomy (DQCRT) for public comment. The related Release Notes describe the proposed additions or improvements to the 2027 DQCRT. The comment period ends on November 20, 2026. Comments should be submitted directly to the FASB.
FASB seeks input on GAAP Taxonomy Improvements. The Financial Accounting Standards Board (FASB) has published for comment GAAP Taxonomy Improvements to represent:
- Investments—Equity Method and Joint Ventures (Topic 323): Equity Method of Accounting—Targeted Improvements (Release Notes) which seeks to improve the operability of accounting for equity method investments in Topic 323, Investments—Equity Method and Joint Ventures, which was developed in response to key challenges identified in connection with the 2025 FASB Invitation to Comment, Agenda Consultation. The comment period closes January 11, 2027.
- Revenue from Contracts with Customers (Topic 606): Consideration Payable to a Customer (Release Notes) which would clarify that payments made on behalf of a customer, or to a customer of an entity's customer, should be accounted for as consideration payable to a customer under Topic 606, Revenue from Contracts with Customers. The comment period closes November 23, 2026.
Comments can be submitted to xbrled@fasb.org. Be sure to include the File Reference Number indicated on the cover of the Release Notes.
SEC announces roundtable, "Machine-Understandable Data in the Age of Super Intelligence (SI)", to be held November 9, 2026. The event will feature panel discussions on the use of artificial intelligence, risks and costs, and how the SEC can support and use these technologies. The panels will address "How Does the Market Use Super Intelligence (SI) and Machine-Understandable Data" and "What risks and costs related to SI and machine-understandable data should the SEC consider? b) How could the SEC better facilitate SI and machine-understandable data?"
The event will be held from 8 AM to 3:30 PM ET. The panels will be in-person but a webcast will be available for remote access. See the agenda and register to attend in-person.
SEC proposes Investment Adviser Performance-Based Compensation Modernization. The rule calls for an exemption from the statutory prohibition on registered investment advisers receiving compensation on the basis of a share of capital gains in or capital appreciation of an advisory client's account. It would require specialized disclosures in the fee table and management discussion. The rule notes that the Commission considered requiring Inline XBRL for performance fee arrangement disclosures but opted not to propose Inline XBRL, suggesting that this would impose significant implementation burdens on funds and service providers. Comments must be submitted by December 7, 2026.
SEC publishes final rule adopting the updated EDGAR Filer Manual, Volume II. See the rule which lists the amendments in the Federal Register.
XBRL US Events
Webinar Replay: Digital Standards for Digital assets - Supporting the GENIUS Act
New disclosure and reporting requirements for Stablecoin Issuers — driven by the implementation of the federal Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act—will fundamentally transform how stablecoin issuers operate. Attend this 75-minute session to learn the fundamentals of digital assets and the GENIUS Act legislation; digital asset issuer disclosures; and how structured, machine-readable data can support a robust, expanding stablecoin market. Speakers will join from the AICPA, AuditChain, the Global LEI Foundation, Wall Street Blockchain Alliance, and XBRL US. Watch replay.
Webinar Replay: AI Technologies Impact on Company Compliance Activities
Artificial intelligence is having a profound impact on all aspects of our everyday business activities, from software development to financial reporting and analysis, to compliance-related activities. This webinar explores risks and mitigation techniques to improve AI outcomes, and demonstrates artificial intelligence tools that improve the efficiency of regulatory compliance. Machine learning can help public company compliance teams detect anomalies and query corporate filings, and double check regulatory requirements. Join the conversation on how artificial intelligence is changing analytics and compliance activities. Watch replay.
XBRL US Meetings
The Data Quality Committee (DQC) met on Wednesday, October 7 to approve version 31 of rules for SEC Filers. Learn about the DQC.
The Domain Steering Committee will meet Tuesday, November 17 at 2 PM ET. https://xbrl.us/events/dsc-261117 - all XBRL US Members are invited to attend.
The Communications Steering Committee will meet Tuesday, November 17 at 3 PM ET https://xbrl.us/events/csc-261117 - all XBRL US Members are invited to attend
The Regulatory Modernization Working Group will meet Tuesday, November 10 at 3 PM ET. (membership@xbrl.us for details)
The Standard Government Reporting Working Group will meet Tuesday, November 24 at 12:30 PM ET. (membership@xbrl.us for details)
The Technical Advisory Committee (XTAC) will meet on Wednesday, November 11 at 4 PM ET. (membership@xbrl.us for details)
The Academic Subcommittee will meet on Thursday, November 19 at 2 PM ET. (membership@xbrl.us for details)
The Digital Asset Working Group will meet Thursday, November 12 at 2 PM ET. (membership@xbrl.us for details)
Member News and Events
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Post: How to Analyze a Starbucks-Chipotle Merger. - Read the blog. |
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XBRL US Articles, White Papers, and Blogs
Blog: Can AI Help Regulators and Market Participants More Effectively Analyze Thousands of Rule Proposal Comments? XBRL US CEO Campbell Pryde weighs in on how structured, digital reporting for regulatory comment letters could enhance transparency, reduce cost, and improve analysis by AI tools used by regulatory staff and market participants. Read.
XBRL US Members are committed to engaging and collaborating with other members, contributing to the standard through involvement of their teams, and striving to build awareness and educate the market. Members of XBRL US represent the full range of the business reporting supply chain.
Not yet an XBRL US member? Maybe it's time to consider joining XBRL US for yourself ($55 - $550/ year) or your organization (fees vary). Find out more about the benefits of membership and how to become involved by visiting https://xbrl.us/benefits.
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