XBRL in Russia
The Board of Directors of the project approved by the Bank of Russia on the implementation of the transition of NFE electronic format data reporting based on XBRL specifications (eXtensible Business Reporting Language, eXtensible Business Reporting Language)
The Board of Directors of XBRL International Association, Inc (hereinafter – « XII ») June 10 2015 approved the accession of Russia to the Bank in the XII century as a special member (« Jurisdiction »).
The Bank of Russia unites the initiative of regulators and relevant agencies, Market Participants and software developers to introduce single electronic format XBRL reporting in Russia.
XBRL(eXtensible Business Reporting Language — «Extensible language for business reporting») — transmission format of the regulatory, financial and other reports, prepared in accordance with the principles of IFRS, Basel, Solvency and others.
Banking Taxonomy for Review10 February 2017
The team at Threadneedle street are busy. Hot on the heels of the Capital+ taxonomy, arrives a new draft taxonomy for comment. This is a set of PRA requirements for bank Financial Statements.
Actually, the Facts Show…01 February 2017
Sad news this week as we heard that Prof. Hans Rosling passed on, a year after making public his battle with pancreatic cancer. Still, as the team at his foundation, GapMinder.org point out, he might not be with us in person, but his legacy, words and actions remain. Rosling’s focus was bringing facts to decision makers in digestible form.
How Big is that Elephant in the Room?11 January 2017
A new piece from Professor Mervyn King SC, the founder of the Integrated Reporting movement, is worth reading. He’s discussing a new book from Relational Analytics called “The Relational Lens”.