About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Merrill Corporation’s Schlanger Joins XBRL US Board of Directors

Subscribe to our newsletter

Originally appeared in MiFID Monitor

Michael Schlanger, vice president of product management for XBRL at technology vendor Merrill Corporation, has been appointed to serve on the XBRL US board of directors. According to the vendor, Schlanger develops financial product strategies in response to client and regulatory needs and is on the leadership team guiding the development and sale of Merrill’s XBRL service offering.

Mark Bolgiano, president and CEO, XBRL US, explains the reasons behind the appointment: “Input from companies like Merrill and other reporting organisations will be important as we expand beyond financial statement reports into areas such as corporate actions, governance and proxy statements.”

XBRL US is responsible for developing the US GAAP Taxonomies under a contract with the Securities and Exchange Commission (SEC). Extensible business reporting language (XBRL) is the global open standard to prepare, publish, exchange and analyse business reports and statements in a machine readable format. On 17 December 2008, the SEC adopted rules that require all public US companies (and foreign companies that follow US GAAP rules) to file financial statements, footnotes and schedules in XBRL format.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Market Abuse Regulation: How to Detect and Analyse Abusive Market Transactions

Date: 28 March 2023 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Market abuse is a potential problem for many financial institutions. It typically covers insider dealing, unlawful disclosure of inside information, and market manipulation, and is often difficult to detect and report in line with regulations such as Market Abuse...

BLOG

Clarity AI and LSEG Create Compliance Tool for Updated SFDR

Sustainability tech platform Clarity AI is providing the infrastructure and analytics behind a new tool that’s helping LSEG’s financial institution clients comply with European ESG reporting rules that came into effect this week. SFDR Reporting Professional Powered by Clarity AI has been created to enable compliance with the new Level 2 Sustainable Finance Disclosure Regulation....

EVENT

TradingTech Briefing New York

TradingTech Insight Briefing New York will explore how trading firms are innovating and leveraging technology as a differentiator in today’s cloud and digital based environment.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...