XBRL International is encouraging regulators to use the LEI as a primary or secondary identifier in their dealings with regulated companies. The XBRL Consortium believe that as the global network of companies (financial and non-financial) continues to grow, the LEI will be a crucial aspect of modern life
Great article from the global law firm of Baker McKenzie about mandatory requirements from securities regulators for public company sustainability disclosure that also needs to be included in financial reporting as a company “best practice.”
XBRL files reported to the SEC (as an exhibit to the 10-Q or 10-K) and posted to company websites can be quickly downloaded into a software tool for ad hoc analysis
Interesting article in the UK’s Financial Director about yearend non-financial reporting required by UK companies as part of the EU mandate for 6,000 + public company requirement to report non-financial information to the capital markets and important stakeholders such as investors