More than 100 regulators in more than 70 countries have mandated the use of XBRL for financial and business reporting which includes financial, tax or government data used to drive both the capital markets and government services
Great article on Blockchain technology, cloud shared public ledgers and how it can be used for state, local and federal government to provide new services to the public
Great tech news article in Federal Computer Week on June 17, 2016 about the United States Internal Revenue Service (IRS) moving forward with an XML data format for machine-reading of tax forms starting with the non-profit sector for better transparency and data analytics
Among the initiatives are: A proposal for an EU Regulation on investment-based and lending-based crowdfunding service providers (ECSP) for business
The Commission on Evidence-Based Policymaking issued this report on the benefits of using smart data and technologies like XBRL to enhance government services
Questions are being prompted based on non-financial disclosure requirements coming from the EU (ESMA) and other regulators regarding additional assurance services that could be provided to support this non-financial disclosure