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

A-Team Insight Blogs

SEC Seeking Market Feedback on XBRL Compliance Challenges

Subscribe to our newsletter

As part of its wider push to extend XBRL into other areas such as the tagging of source documents for mortgage backed securities (MBS) and corporate actions, the Securities and Exchange Commission (SEC) is currently taking stock of the challenges faced by the industry during XBRL implementation thus far. To this end, the US regulator has published a web survey asking for more detail on how firms set about rolling out their XBRL projects for SEC filings.

The survey asks firms to provide details about the route they chose during the implementation: whether they opted to develop a solution in-house or to outsource to a third party. This includes details on the outsourcing experience as a whole or the software tools being used in-house in either case. The SEC survey also asks firms to indicate whether they are happy with the final results and whether they are interested in XBRL being extended to other areas.

This is all part of the SEC’s sustained campaign to get XBRL tagging embedded within the US financial services community. The regulator has mandated XBRL tagging for financial reporting but, along with XBRL US, is also keen to extend its reach into other areas that it believes would benefit from the data tags such as corporate actions, proxy voting and MBS data. The survey is therefore aimed at gathering together details on the industry’s experiences of XBRL implementation thus far and perhaps applying lessons learned to the next stage of its plans.

The survey is available to view (and fill in) here.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Generative and Agentic AI in Financial Markets: What the Data Really Shows

Artificial intelligence is reshaping financial markets – but the reality on the ground is more nuanced, more uneven, and more instructive than the headlines suggest. A new A-Team Insight research programme, drawing on responses from senior AI decision-makers at buy-side and sell-side institutions across the USA, UK and Canada, reveals a market in transition: from...

BLOG

Data Quality Meaning and Importance Transformed by AI: DMS NYC Preview

The data management space has been transformed by artificial intelligence into one that not only seeks to prise maximum value from institutions’ data but also spends almost as much resource ensuring the quality of that information. Without optimised data, the AI and agentic tools to which it is deployed will churn out sub-optimal results. It’s...

EVENT

TradingTech Summit London

Now in its 16th year, the TradingTech Summit London brings together senior leadership across capital markets trading technology and market data. Join us to deep dive into key opportunities and challenges driving technological transformation across sell-side and buy-side firms.

GUIDE

Regulatory Data Handbook 2026 – Fourteenth Edition

Welcome to the fourteenth edition of A-Team Group’s Regulatory Data Handbook. Supervisors increasingly expect firms to demonstrate which rules apply, which data supports each obligation, who owns the control and how exceptions are identified and resolved. Policies and implementation programmes must now be supported by records that can withstand regulatory scrutiny. This edition examines material...