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Latest News

News
Monday, February 22, 2021

XBRL US Comments on Treasury Do Not Pay Initiative

XBRL US submitted a letter commenting on the Office of Management and Budget (OMB) – Proposed Designation of Databases for Treasury’s Working System Under the Do Not Pay Initiative. The OMB proposal would add 12 databases to the DoNotPay (DNP) web portal, which federal agencies use to evaluate, track, and monitor the individuals and organizations […more]

News
Wednesday, February 3, 2021

SEC Final Rule: Administration of EDGAR System

The Securities and Exchange Commission final rule Administration of the Electronic Data Gathering, Analysis, and Retrieval System was published in the Federal Register. This new rule adopts new Regulation S-T which addresses actions the Commission may take to promote reliability and integrity of EDGAR submissions. The XBRL US Regulatory Modernization Working Group submitted a comment […more]

News

SEC Announces EDGAR BETA Test Environment

On February 3, 2021, the Securities and Exchange Commission (SEC) announced that they will be releasing a limited access pilot test environment for beta-testers, to help filers and vendors try out the impact of a new URL that will be used for EDGAR submissions.  The test environment, EDGAR BETA, will give filers and vendors early […more]

News

New SEC Position Announced: Senior Policy Advisor for Climate and ESG

The Securities and Exchange Commission announced the appointment of Satyam Khanna in a new role as Senior Policy Advisor for Climate and ESG in the office of Acting Chair Allison Herren Lee. This new SEC position will focus on advising the agency on environmental, social, and governance matters, and to advance new initiatives across the […more]

News
Tuesday, January 26, 2021

BlackRock CEO on “Why Data and Disclosure Matter”

Larry Fink, Chairman and CEO of BlackRock, published a letter to CEOs which included a section on “Why Data and Disclosure Matter”. He reiterates BlackRock’s support for SASB and TCFD standards; advocates a move to a single sustainability standard; encourages private, as well as public companies, to adopt these standards; and notes the importance of […more]

News
Monday, January 25, 2021

Finextra Interview: SASB & XBRL’s recipe for better ESG reporting

Finextra, an independent newswire and information source for the worldwide financial technology community, published an interview with Campbell Pryde, President and CEO, XBRL US, and Madhu Mathew, Director of Technology at the Sustainability Accounting Standards Board (SASB) in conversation with Richard Peers, founder of ResponsibleRisk Ltd. The discussion addresses financial and non-financial reporting, consolidation, standardization, […more]

News
Monday, January 11, 2021

XBRL US Comments on MSRB Notice

XBRL US submitted a letter commenting on the MSRB’s Strategic Goals and Priorities which asks the MSRB to consider how data standards would impact the current EMMA (Electronic Data Municipal Markets Access) data collection and dissemination process. We pointed out that we support the use of data standards to improve efficiencies in the reporting and […more]

News
Monday, January 4, 2021

XBRL US Comments on SEC Tailored Shareholder Reports Proposal

XBRL US submitted a comment letter in response to the SEC proposal on Tailored Shareholder Reports, Treatment of Annual Prospectus Updates for Existing Investors, and Improved Fee and Risk Disclosure for Mutual Funds and Exchange-Traded Funds; Fee Information in Investment Company Advertisements. The XBRL US letter advocated the use of XBRL for tailored shareholder reports […more]

News
Tuesday, December 22, 2020

XBRL International Comments on IFRS Foundation Sustainability Reporting Consultation Paper

XBRL International, on behalf of all 19 national jurisdictions, submitted a comment letter to the IFRS Foundation providing input to their Consultation Paper on Sustainability Reporting. The Foundation received 361 comment letters.   The XII letter supported the proposed creation of a Sustainability Standards Board (SSB) which was outlined in the consultation paper. The XII letter […more]

News

SEC Proposes to Mandate Electronic Filing of Form 144

On December 22, the Securities and Exchange Commission (SEC) published Rule 144 Holding Period and Form 144 Filings, which proposes to change the securities holding period start time and to mandate the electronic filing of Form 144 for securities subject to Exchange Act reporting requirements. The section of the proposal on Format requirements, states: While […more]


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