Hoping for an XBRL break? Don’t hold your breath
AMERICAN businesses affected by Sarbanes-Oxley legislation still vividly remember the days leading up to the deadline for SOX 404 compliance back in 2004/2005, and the vast army of internal control specialists that were mobilized — at sometimes eye-watering rates — to help filers meet their Section 404 requirements.
UK analysts to IR: Stop sending us bumf!
EQUITY analysts in the UK say they are tired of companies using the London Stock Exchange’s Regulatory News Service (RNS) to send them non-market moving information, the Financial Times reports.
UK investors get a new, half-baked disclosure database
INVESTORS in UK issuers have a new central online repository for disclosure documents to help them with their research – but the new “national storage mechanism” is useless if you want timely alerts about new disclosures.
Will Europe ever get its own EDGAR?
EUROPEAN Union securities regulators last week put out a paper on creating a central disclosure system — but with so many vested interests to placate it seems implausible that investors will soon have a single gateway to EU securities filings.
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