Get the latest news and information about XBRL in the United States. We’re also on Twitter with breaking news – twitter.com/xbrlus, and updated event listings – twitter.com/xbrlevents.
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SEC Reporting || Industries || Government || Using Data
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]
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]
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]
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]
On December 16, 2020, the Securities and Exchange Commission adopted the final rule Disclosure of Payments by Resource Extraction Issuers, regarding rules requiring resource extraction issuers to include in an annual report information relating to payments made to a foreign government or the Federal Government for the purpose of the commercial development of oil, natural […more]
Five framework- and standard-setting institutions have come together to make a commitment to working towards a comprehensive corporate reporting system for ESG standards. GRI, SASB, CDP and CDSB set the frameworks and standards for sustainability disclosure, including climate-related reporting, along with the TCFD recommendations. In September 2020, the group published a statement of intent. In […more]
On December 7, 2020, the Municipal Securities Rulemaking Board (MSRB) published a notice requesting input on their strategic goals and priorities to help them assess the long-term direction of the MSRB. They are looking for input on how the MSRB is fulfilling its Congressional mandate to develop rules and systems to support the municipal securities […more]
The Securities and Exchange Commission’s Asset Management Advisory Committee published on December 1, 2020, the potential recommendations of its ESG (Environmental Social Governance) Subcommittee which focused on the adoption of standards for disclosures from issuers and for ESG investment products: Recommendations Regarding Issuer Disclosure of ESG Risks: The SEC should require the adoption of standards […more]
On November 25, 2020, the Commodity Futures Trading Commission (CFTC) adopted the final rule “Swap Data Record Keeping and Reporting Requirements”. XBRL US submitted a comment letter in response to the proposed rule in May of this year in which we made two recommendations: 1) we agreed with the proposed expansion of the use of […more]
On November 19, the Securities and Exchange Commission adopted the final rule Management’s Discussion and Analysis, Selected Financial Data, and Supplementary Financial Information. The final amendments do not require registrants to structure disclosures required by the amendments in a machine-readable format as we proposed in the XBRL US comment letter submitted. Our comment letter suggested […more]
The national consortium for
the business reporting standard
