World Federation of Exchanges assumes XBRL chairmanship
At the invitation of XBRL, WFE will assume the chairmanship of the Advisory Board now to be constituted.
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This body will have a role to play in overseeing the coordination and implementation of the Extensible Business Reporting Language consortium, which has begun tagging financial information for posting on the internet. The result will be fairer access to more comparable financial information, bringing significant gains to users of the world's capital markets.