Human capital development is one of the key factors in human development in which the government and the private sector plays a critical role
More than 2/3 of the world’s capital markets are using the IMA supported XBRL global structured data format for both financial and nonfinancial disclosures. More than 100 regulators in more than 70 countries have mandated the use of XBRL for financial and business reporting which includes financial, tax or government data used to drive both the capital markets and government services
Forum for Sustainable and Responsible Investment. Clearly, capital market interest is there for non-financial information disclosures and the largest US Companies are disclosing this information -- but yet we don't see the US SEC taking any actions to meet this capital markets demand
Great article from Dechert LLP law firm about the specifics of the European Financial Transparency Gateway (EFTG): The European Commission, as part of its efforts to create a “Digital Single Market” and further to build more competitive and innovative Capital Market Union, announced its FinTech Action Plan on March 8, 2018.1 The Action Plan sets out 23 steps to accomplish the following main objectives: enabling innovative business models to reach a European scale (based on a consistent licensing regime), supporting innovations and implementation of new technologies in the financial sector, and increasing its integrity and security.
But what can the capital markets do to both minimize public company risk and create a mechanism to provide funding to support new solutions created in the private sector to deal with this growing crisis?