2016 has been a year full of new developments and implementations of structured data in the regulatory compliance space. Continuing our tradition, here is our 2016 round-up of major developments in the world of XBRL.
Lending and monitoring of NPAs is an issue faced by central banks across the world. RBI, India introdced CRILC reporting in 2014 to address it. It is a framework to collect, store and disseminate data on stressed assets of the economy to all the stakeholders. Read on to find out how you can benefit with this.
Today more than 100 regulators across 60 countries have adopted XBRL to transform their compliance and regulatory reporting. Several have also realized the need for easy maintenance post XBRL implementation. Can dynamic business needs be handled without changing the XBRL taxonomy?
The Panama Papers expose amounting to the biggest collection of leaked data, spanning millions of documents must have taken a massive amount of time, effort and resources to unearth – a key reason tax havens manage money with near impunity. Structured data can expose tax avoidance and evasion cases well in advance. Read how!