Media

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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Latest News

News

SEC filers

Friday, August 25, 2023

XBRL US RMWG Seeks Further Information from SEC on EDGAR BETA Testing for Filing Fee Modernization

The XBRL US Regulatory Modernization Working Group (RMWG) submitted a letter to the Securities and Exchange Commission (SEC) requesting additional information about the upcoming EDGAR BETA Test which is being established to support the Filing Fee Disclosure and Payment Methods Modernization final rule. The letter notes that the working group greatly appreciates the plan to […more]

News

SEC filers

Wednesday, August 16, 2023

XBRL US RMWG Input to SEC Taxonomy Development Approach and Rule Implementation

The XBRL US Regulatory Modernization Working Group (RMWG) submitted a letter to the Securities and Exchange Commission (SEC) with recommendations on the SEC’s approach to taxonomy development. There has been a significant increase in the number of final and proposed rules published by the SEC over the past few years which contain structured data requirements. […more]

News

cybersecurity

Wednesday, July 26, 2023

SEC Final Rule: Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure

Securities and Exchange Commission (SEC) published the final rule for Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure, requiring periodic disclosures about a registrant’s processes to assess, identify, and manage material cybersecurity risks, management’s role in assessing and managing material cybersecurity risks, and the board of directors’ oversight of cybersecurity risks. Lastly, the final rules […more]

News

governmentgrants

Monday, July 24, 2023

XBRL US Hosts GovFin 2023: Empowering Governments, Modernizing Reporting, November 9, 2023, Washington, DC

XBRL US announced that they will be hosting a one-day conference, GovFin 2023: Empowering Governments, Modernizing Reporting, in Washington, DC, on Thursday, November 9, 2023. This educational forum will focus on the passage of legislation including the Financial Data Transparency Act (FDTA), and the Grants Reporting Efficiency and Transparency (GREAT) Act, and on how governments […more]

News

SEC filers

Monday, July 17, 2023

SEC Publishes Draft Share Repurchase Taxonomy

The Securities and Exchange Commission published the draft 2023 Share Repurchase (SHR) Taxonomy which will be used to support the SEC final rule on Share Repurchase Disclosure Modernization. The rule requires issuers to tag the information disclosed pursuant to Items 601 and 703 of Regulation S-K, Item 16E of Form 20-F, Item 14 of Form […more]

News

investment management

Wednesday, July 12, 2023

SEC Final Rule: Money Market Fund Reforms

The Securities and Exchange Commission (SEC) announced the adoption of amendments to rules related to money market funds. The rule requires funds to prepare Form N-CR in custom XML format. Read the announcement. Read the rule. Read the fact sheet.

News

credit rating agency

Tuesday, July 11, 2023

SEC Requests Comment on Rule 17g-1 and Form NRSRO

The Securities and Exchange Commission (SEC) today published a Proposed Collection; Comment Request for Rule 17g-1 and Form NRSRO. Form NRSRO is required to be reported in XBRL format. Comments are due on August 6, 2023. Read the request.

News

SEC filers

Wednesday, June 28, 2023

FASB Request for Comment: Proposed ASU – Financial Instruments-Credit Losses

The Financial Accounting Standards Board (FASB) published a request for comment on proposed GAAP Taxonomy Improvements for the Proposed ASU—Financial Instruments-Credit Losses (Topic 326): Purchased Financial Assets. The proposed Update would require the application of that single accounting approach to all acquired financial assets (with exceptions) based on seasoning criteria. Comments are due by August […more]

News

advocacy

Tuesday, June 13, 2023

XBRL US Comments on FHFA Regulatory Review

XBRL US submitted a comment letter to the Federal Housing Finance Agency (FHFA) in response to their Regulatory Review; Request for Comment. Among other areas, the FHFA RFC sought input on legal and marketplace developments that may have rendered current regulations outmoded or inefficient. They also sought feedback on alternative methods to meet various regulatory […more]

News

SEC filersinvestment management

Monday, June 5, 2023

XBRL US Comments on SEC OEF Taxonomy for Tailored Shareholder Reports

XBRL US submitted a comment letter to the Securities and Exchange Commission (SEC) in response to the Draft Open-End Fund Taxonomy and supporting materials which included a draft Taxonomy Guide and Sample Filings. The XBRL US letter, which was prepared by a broad group of XBRL US members that support the majority of SEC filers, […more]