The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Broadridge Financial Solutions Offers Proxy Statement Data in XBRL Format

Broadridge Financial Solutions has introduced an open source format for interactive proxy statements to XBRL US. Following the announcement earlier in the year by the Securities and Exchange Commission (SEC) that financial reporting statements should be made available in XBRL, the vendor has accordingly adapted its architecture in order to meet the requirements.

The proxy statement taxonomies are intended to capture a broad range of basic facts contained in a proxy statement filing. According to Broadridge, in addition to the SEC ‘s disclosure requirements, a range of common industry practice concepts are also supported.

Campbell Pryde, chief standards officer, XBRL US, explains the reasoning behind the move to XBRL: “Proxy statement data in XBRL format will give investors better and more timely insights into the corporate accountability of public companies.”

Related content

WEBINAR

Upcoming Webinar: Getting ready for Sustainable Finance Disclosure Regulation (SFDR) and ESG – what action should asset managers be taking now?

Date: 8 June 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Interest in Environmental, Social and Governance (ESG) investment has exploded in recent years, bringing with it regulation and a requirement for buy-side firms to develop ESG strategies and meet disclosure obligations. The sell-side can help here by integrating ESG...

BLOG

Next Six Months Crucial for LIBOR Transition, FCA Urges Firms to Sign ISDA Protocol

The four to six months ahead of us are arguably the most critical period in the transition away from LIBOR, and the time to act is now. So says Edwin Schooling Latter, Director of Markets and Wholesale Policy at the UK’s Financial Conduct Authority, as he urges the financial services industry to prepare for one...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that will be held in June 2021 with an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

Regulatory Data Handbook 2020/2021 – Eighth Edition

This eighth edition of A-Team Group’s Regulatory Data Handbook is a ‘must-have’ for capital markets participants during this period of unprecedented change. Available free of charge, it profiles every regulation that impacts capital markets data management practices giving you: A detailed overview of each regulation with key dates, data and data management implications, links to...