The European Parliament Legal Affairs Committee and the Council have now struck a provisional Omnibus I deal that again rewrites the scope of EU sustainability reporting and due diligence rules.
More than twenty years after Wall Street’s research scandals prompted strict controls on how analysts and bankers interacted, the regulatory landscape looks very different. Modern rulemaking, shifting business models and international pressures have steadily reshaped how equity research is produced and paid for.
As climate disclosure starts to move from board slides to real reporting, the International Sustainability Standards Board has gone back to IFRS S2 with a scalpel. Yesterday it issued targeted amendments to the greenhouse gas emissions requirements, aiming to ease some early application headaches without unpicking the overall architecture.
Financed and insurance linked emissions have long had a habit of slipping through the cracks, particularly in the more complex corners of the financial world. The Partnership for Carbon Accounting Financials (PCAF) is now tightening its guidance, substantial expansion of its Global Greenhouse Gas Accounting and Reporting Standard for the Financial Industry.
The data landscape is being transformed by AI – but “the need for transparency and the need to be able to drill down into the data is not going to change,” says senior investment data expert Ben Macdonald, opening yesterday’s Data Amplified Virtual in conversation with XBRL International CEO John Turner.
This week the International Accounting Standards Board (IASB) proposed a new Risk Mitigation Accounting model designed to better reflect how financial institutions manage interest rate risk across their portfolios. The proposals come as part of a consultation that aims to align accounting more closely with actual risk management practice.
A recent SCC Online article by Arin Chatterjee takes stock of how environmental, social and governance expectations have been built into Indian corporate governance. Rather than relying on a single ESG statute, India is developing a hybrid regime that combines company law, securities regulation, market practice and an increasingly active judiciary.
Yesterday Brussels fired the starting gun on a new phase of capital-markets integration across Europe. The Commission’s “market integration and supervision” package is explicitly aimed at enlarging Europe’s capital markets that are presently too small and fragmented to finance significant economic transitions at scale or to compete with the depth and liquidity of larger markets.
EFRAG launched its ESRS Knowledge Hub yesterday, a brand new integrated platform that brings together the essential building blocks for sustainability reporting under the European Sustainability Reporting Standards. We particularly like it because it provides a digital-first resource for issuers and users alike.
On 7 November, the European Commission launched a fresh call for evidence on amendments to the Climate and Environmental Delegated Acts under the EU Taxonomy Regulation. The consultation, which closes today, seeks stakeholder views on how to improve the technical screening criteria that determine which economic activities qualify as environmentally sustainable.
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
