It’s difficult to think of a period in the last 50years in which it has been harder to predict the shape of international relations,policy and regulation,especially where those ics relate to the United States.

This week,just to add nfusion to a mplex world,both EU and US officials indicated that there should be changes —and delays —to the next round of global bank rules being developed by the Bank for International Settlements. 

Nevertheless,former SEC Chair Mary Jo White set out some predictions about securities regulations in a speech this week after stepping down from her post on 20January.

Her speech makes it clear just how much is “on the front burner”for major regulators and the breadth of policy,legal and enforcement issues that go into the oversight of markets.

We were enuraged to read that,in her view,a remmendation to expand the use of iXBRL,or Inline XBRL,isn’t ntroversial.

There are a range of other reforms that will affect mpanies in the United States as well as in other jurisdictions which her speech touches on,including:

•financial safety for broker/dealers

•post trade transparency

•executive mpensation

•simplifying capital formation for smaller mpanies

•reviewing disclosure effectiveness

•uniform fiduciary responsibility rules;and

not to mention the need to repopulate the SEC with missioners –it is currently operating on 2,instead of the required 5!

At XBRL International we would add to the list in only one respect:the SEC should ntinue its work to ensure that data is llected and republished in nsistent,reliable and digital forms.It has made great strides in recent years,but much more can be done to enhance acuntability and transparency.We have a few more thoughts,for the SEC and regulators more broadly,here.

中文新闻：证券监管——展望未来