What is dual filing?

Dual Filling means that you are submitting a filing to both the ESEF regulator and the US Securities and Exchange Commission (SEC).  Each company’s process differs and there is no single best practice. However, here are some common approaches and tips for you to consider.

Dual filing approaches

• One document
  You may choose to utilize a single document that is submitted to both the SEC and to the regulator for ESEF, though there are different requirements for what should be included in each report (see considerations below).

As there are differences between the two types, you can toggle sections to non-printing to turn you file into a 20-F for ESEF submission. There are ways to automate this through Scripting, but otherwise this is a manual change.

• Two documents
  You may choose to use separate documents, one which is submitted to the SEC and the other submitted to the ESEF regulator. These may have the same backing Spreadsheet to ensure numbers are consistent but the reports will look different.

• Combination of documents
  This approach uses a different front half, but same back half of your document. The same financials and footnotes to the financials are used, specifically for XBRL® tagging.
  
  The front half could be a different document. For a 20-F, this may be a PDF that is included in the XBRL profile, or it could be in Workiva. For ESEF, this may go through the InDesign® roundtrip, or could be in Workiva.
  
  Lastly, the documents are stitched together in the XBRL Profile to make the final submission.

Ready to continue? Check out our additional resources for tips for dual filers:

• Instructions
• Considerations