The U.S. Department of Treasury announced that they were seeking comment on GENIUS Act Notice of Proposed Rulemaking Concerning State-Level Regulatory Regimes. This NOPR applies to payment stablecoin issuers with a consolidated total outstanding issuance of no more than $10,000,000,000. These issuers can opt for state-level regulation, as long as the state regulation is substantially […more]
Check out the next piece in a short series of posts on new tax payment disclosures that companies are now making, Biggest Taxpayers by Country.
Check out the next piece in a short series of posts on new tax payment disclosures that companies are now making, Where Companies Send Their Taxes.
Check out the first in a short series of posts on new tax payment disclosures that companies are now making, based on a dataset Calcbench provided to The Wall Street Journal for its March 20 article, Corporate America Finally Reveals (Some of) Its Tax Secrets.
The Federal Energy Regulatory Commission (FERC) published the final rule for Order No. 917; Filing Process and Data Collection for the Electric Quarterly Report. The final rule adopts the XBRL-CSV standard for filing the FERC Electric Quarterly Report (EQR). In addition, the Commission amends its regulations to require Regional Transmission Organizations and Independent System Operators […more]
The Securities and Exchange Commission and the Commodity Futures Trading Commission announced that they have entered into a Memorandum of Understanding (MOU) to guide coordination and collaboration between the two agencies. SEC Chair Atkins was quoted in the announcement, “This updated Memorandum of Understanding will serve as a roadmap for a new era of harmonization […more]
Two federal agencies, in addition to the FDIC, have published Notices of Proposed Rulemaking regarding regulations to implement portions of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The National Credit Union Administration (NCUA) proposes regulations to implement the statutorily required process for approval and licensure of permitted payment stablecoin issuers […more]
XBRL US submitted a comment letter providing input on the Federal Energy Regulatory Commission (FERC) XBRL taxonomies, validation rules, and rendering files needed to file the FERC Form Nos. 1, 1-F, 2, 2-A, 3-Q electric, 3-Q natural gas, 6, 60, and 714 . The FERC will update the taxonomies to Version 2026-04-01.2, effective starting with […more]
The Securities and Exchange Commission (SEC) has posted the February XBRL Guide. Access the Guide: https://www.sec.gov/submit-filings/technical-specifications#xbrl
The Securities and Exchange Commission (SEC) announced a rule proposal today that aims to reduce reporting burden on registered investment companies. The changes would extend the filing time period by 15 days, transition from monthly to quarterly publication, and streamline Form N-PORT by removing certain information. Form N-PORT requires data to be prepared in an […more]
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