SEC announced that the Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system was upgraded to Release 19.2 and now supports the 2019 International Financial Reporting Standards (IFRS) taxonomy. The EDGAR system no longer supports the 2017 U.S. GAAP Financial Reporting Taxonomy, 2014 Document and Entity Information (DEI) Taxonomy, 2017 Exchanges (EXCH) Taxonomy, and 2016 Currencies (Currency) Taxonomy.
The 2019 IFRS taxonomy reflects the same taxonomy that the IASB made available on its website on March 27, 2019. SEC encourages companies to use the most recent version of taxonomy releases for their XBRL exhibits to take advantage of the most up-to-date tags related to new accounting standards and other improvements. On March 11, 2019, the EDGAR system was upgraded in Release 19.1 and now supports the 2019 U.S. GAAP, 2019 SEC Reporting, 2019 Currency, and 2019 EXCH taxonomies. The EDGAR system was also upgraded in Release 19.2 to support 2019 Document and Entity Information (DEI) taxonomy as a result of the SEC adopting amendments to modernize and simplify certain disclosure requirements in Regulation S-K. One of the amendments requires the information on the cover pages of Forms 10-K, 10-Q, 8-K, 20-F, and 40-F to be tagged in Inline XBRL, in accordance with the EDGAR Filer Manual.
Keywords: Americas, US, Banking, Securities, Accounting, EDGAR 19.2, XBRL, US GAAP, Taxonomy, DEI Taxonomy, Reporting, IFRS, FASB, SEC
Previous ArticleFCA Proposes Amendments to SM&CR for Banks and Insurers
The three European Supervisory Authorities (ESAs) issued a letter to inform about delay in the Sustainable Finance Disclosure Regulation (SFDR) mandate, along with a Call for Evidence on greenwashing practices.
The International Sustainability Standards Board (ISSB) of the IFRS Foundations made several announcements at COP27 and with respect to its work on the sustainability standards.
The International Organization for Securities Commissions (IOSCO), at COP27, outlined the regulatory priorities for sustainability disclosures, mitigation of greenwashing, and promotion of integrity in carbon markets.
The European Banking Authority (EBA) issued a statement in the context of COP27, clarified the operationalization of intermediate EU parent undertakings (IPUs) of third-country groups
The Office of the Superintendent of Financial Institutions (OSFI) published an annual report on its activities, a report on forward-looking work.
The Australian Prudential Regulation Authority (APRA) finalized amendments to the capital framework, announced a review of the prudential framework for groups.
The Bank for International Settlements (BIS) Innovation Hubs and several central banks are working together on various central bank digital currency (CBDC) pilots.
The European Central Bank (ECB) published the results of its thematic review, which shows that banks are still far from adequately managing climate and environmental risks.
Among its recent publications, the European Banking Authority (EBA) published the final standards and guidelines on interest rate risk arising from non-trading book activities (IRRBB)
The European Commission (EC) recently adopted regulations with respect to the calculation of own funds requirements for market risk, the prudential treatment of global systemically important institutions (G-SIIs)