Banking Taxonomy for Review
Once again, the Bank of England has chosen to align its reporting requirements – and taxonomy – with the EBA framework, taking into account the requirements of IFRS 9 as well as the needs of non-EEA bank branches authorised to take deposits in the UK, including those that don’t use the IFRS accounting standards. Version 2.0 of the taxonomy will be published on 28 February. And the new data requirements come into effect on 1 January 2018.
News
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Banking Taxonomy for Review
10 February 2017The 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.
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Actually, the Facts Show…
01 February 2017Sad 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.
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How Big is that Elephant in the Room?
11 January 2017A 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”.