<br><img src="https://support.workiva.com/hc/user_images/01HF79GCB7N5AAGQAQBY650ZFV.png" "Regulatory Updates"><br>Your one-stop to stay up-to-date on releases, publications, changes, and more from the varied regulatory agencies impacting your Workiva solutions, including <a href="https://www.sec.gov/" target="_blank">SEC</a>/<a href="https://www.sec.gov/edgar" target="_blank">EDGAR</a>, <a href="https://www.ferc.gov/" target="_blank">FERC</a>, <a href="https://www.sedarplus.ca/landingpage/" target="_blank">SEDAR+</a>, <a href="https://www.esma.europa.eu/issuer-disclosure/electronic-reporting" target="_blank">ESEF & ESMA</a>, and others. Be sure to "Follow" this topic to get automatic updates on new postings. Reach out to us via email at <a href="mailto: wksuccess@workiva.com" target="_blank">wksuccess@workiva.com</a> with any questions or feedback.
On July 1, 2024, it is anticipated that the SEC will complete the EDGAR release 24.2 that will introduce updates to support new and updated taxonomies, including the 2024 SEC IFRS taxonomy. As part of this release, the 2022 versions of taxonomies ...
Two recent SEC mandates require a change in filing format from plain text/HTML to XML. The filings affected are the N-PX, 13D and 13G. There is also a new XML-based form being introduced, Form SHO, to meet the requirements of the Short Position an...
Great news! The 2024 annual taxonomy update is now available in the Workiva Platform and has been enabled on all FERC-related Workspaces. This new taxonomy is effective for first quarter 2024 filings (for Forms 1, 2, and 6) as well as fourth quart...
Along with the recent EDGAR update on March 18, 2024, the SEC published the EDGAR XBRL Guide which outlines their use of the XBRL specification for Calculations version 1.1. This specification provides an improvement on reporting calculation incon...
We are happy to announce that the following SEC Taxonomies are now supported in the Workiva platform: 2024 U.S. GAAP Financial Reporting Taxonomy (GRT) 2024 Closed-End Fund (CEF) 2024 Executive Compensation Disclosure (ECD) 2024 Variable Insuranc...
On March 18, 2024, EDGAR Release 24.1 introduced changes to revise Chapter 6 of the EDGAR Filing Manual and introduced a new EDGAR XBRL Guide on sec.gov. This update also includes validations based on FASB’s 2024 Data Quality Committee Rules Taxon...
Announced March 6th, the SEC adopted new rules regarding climate-related disclosures. In short, this ruling will require the disclosure of risks, governance, financials, and emissions for some SEC registrants. The ruling will be phased in, starti...
Attention EDGAR Filing Fee Beta participants. The SEC staff will be hosting a telephone call during February 2024 for those involved the beta to provide feedback about your experiences thus far in testing the EDGAR Filing Fee Beta. To be included ...
The SEC adopted the final rule for Special Purpose Acquisition Companies (SPAC), Shell Companies, and Projections on January 24, 2024. The final rule will become effective 125 days after publication in the Federal Register with the final date to ...
An early present for you all! We've added a new filter called Search by Content Tags has been added to this topic to allow for quick filtering based on the agency, product, or solution. From the drop down, if you select any one of the preselected...
The Workiva Platform has been updated in support of the compliance requirements for Recovery of Erroneously Awarded Compensation Disclosures (Clawback disclosures). These Disclosures will be tagged using the ECD 2023 taxonomy, which is included in...
On November 22, 2023, the SEC announced an order postponing the effective date of the Repurchase Rule pending further Commission action. The rule was challenged in court and the SEC was required to "correct the defects" of the rule by November 30...
The SEC’s mandate for Recovery of Erroneously Awarded Compensation became effective January 27, 2023, directing exchanges to adopt listing standards. Nasdaq and NYSE amended their listing standards with an effective date of October 2, 2023, requi...
SEC implemented a new rule impacting resource extraction issuers (issuers engaged in the commercial development, including exploration, extraction, processing, export, license acquisition, or other significant actions, of oil, natural gas, or mine...
Workiva has been actively testing the EDGAR Next Beta environment and has been communicating with the EDGAR Business Office regarding issues and providing suggestions. To help customers visualize how the new filing credentials like EDGAR Next toke...
UPDATED OCT. 2024. PLEASE SEE THIS UPDATED POST REGARDING EDGAR NEXT FINAL RULE. ***EDGAR NEXT BETA TESTING NOW CLOSED*** On September 13, 2023, the SEC re-proposed changes to access and account management on the Commission’s Electronic Data Gathe...
On July 25th, the Canadian Securities Administrators will be introducing SEDAR+ (more info here). This is a new way to submit Canadian filings through an online portal at sedarplus.ca instead of a program installed on a user’s computer. This is a ...
The SEC adopted amendments to Rule 10b5-1 under the Securities Exchange Act of 1934 with the Final Rule issued in December 2022 for Insider Trading Arrangements and Related Disclosures. Issuers will be required to comply with the new disclosure re...
As discussed here, the SEC’s mandate for Pay vs. Performance iXBRL tagging requirements became effective for all Proxy or Information Statements which require Item 402 Executive Compensation (commonly filed as SEC Forms DEF 14A or DEF 14C) and a f...
The EDGAR system and SEC mailroom will not receive, process, or accept filings on Monday, October 10, 2022 in observance of a federal holiday. Filings will resume the next business day, Tuesday, October 11th. EDGAR filings that have already b...
UPDATED January 2024 The SEC has announced and approved a new Filing Fee Disclosure and Payment Methods Modernization. As of January 31, 2022, the SEC will be requiring filing fee type forms to move the CALCULATION OF REGISTRATION FEE style table ...
On December 20, 2021, the SEC filed a complaint against five Russian nationals alleging they stole corporate earnings announcements by hacking into the systems of two U.S.-based filing agent companies. Workiva was NOT involved and our customer’s d...
ATTN: EDGAR Filers On December 20,2021, EDGAR release 21.4 will introduce changes including adding new form types, along with the following updates: As part of Release 33-10771, the Commission adopted rules which will require business development...
At the tail end of September, the SEC announced a new proposal—EDGAR Next. This proposal included potential technical changes to how filers access the EDGAR system to make submissions, and how filers manage individuals who file on their behalf. Th...
This blog originally appeared on Workiva.com on Oct. 13, 2021. Written by Steve Soter. The U.S. Securities and Exchange Commission is expected to announce its proposal to enhance climate disclosure rules, perhaps before the new year, after months...
Hello filers! You may have heard about the SEC's upcoming "cipher" updates. First and foremost, there will be no impact to Workiva as part of this change. The change is somewhat technical, but to simplify, SEC is removing some of the lesser used a...
Hi all! As mentioned here, as of today's EDGAR version 21.2. release, the following changes were introduced on the EDGAR: SRT-2019, US-GAAP-2019, COUNTRY-2017, CURRENCY-2019, DEI-2012, DEI-2019, EXCH-2019, RR-2012, SIC-2011, and NAICS-2011 Taxon...
Hi all! Wanted to let you all know, as we are in the early stages of fiiling season, that the SEC's EDGAR site is currently having some issues. Here's their latest announcement: https://www.sec.gov/filergroup/announcements. Let us know what questi...
The SEC has announced an additional 45-day extension on filings through July 1, here: https://www.sec.gov/news/press-release/2020-73. Though this so far not being well used, there has been some questions about it. In general, you should reach out ...
For those of you preparing and filing your 8-Ks lately, you might have seen an increase in some errors for both EDGAR and XBRL regarding the use of a future date and/or issues with combined 8-K filings. I wanted to take a moment to shed a little l...