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EBA consults on major simplification of supervisory reporting

April 17, 2026

The European Banking Authority (EBA) recently launched what it is calling an “unprecedented simplification package” for EU supervisory reporting. The consultation proposes cutting the total number of data points in EU harmonised reporting by around 50%.

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Nepal publishes exposure drafts for sustainability reporting standards based on IFRS S1 and S2

April 17, 2026

Nepal has become the latest jurisdiction to join the growing global movement for ISSB-aligned sustainability reporting, with the Accounting Standards Board (ASB) of Nepal publishing exposure drafts for two new standards: NFRS S1, covering general requirements for the disclosure of sustainability-related financial information, and NFRS S2, covering climate-related disclosures.

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ISO and GHG Protocol advance joint product-level GHG accounting standard

April 17, 2026

The world of GHG accounting has long been characterised by a frustrating abundance of frameworks. While they are compatible in intent, they differ enough to make comparison challenging and expensive. A collaboration to alter that is gathering pace.

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India’s Digital Payments Surge Passes New Milestone

April 17, 2026

This caught our eye. Worldline’s annual India Digital Payments Report confirms that Unified Payments Interface (UPI) processed 228.5 billion transactions in 2025, a 33% increase on the prior year, with transaction value reaching INR 299.74 trillion.

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EBA harmonises SEPA data reporting from national authorities

April 17, 2026

Last week the European Banking Authority (EBA) published a decision harmonising how National Competent Authorities (NCAs) report payment services data under the SEPA Regulation.

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FRC launches SME discussion forum for FRS 102 preparers

April 17, 2026

Small businesses may not always feel that standard-setters are listening. The Financial Reporting Council (FRC) is making a practical effort to change that, with the launch on 13 April 2026 of a new discussion forum specifically for stakeholders applying Financial Reporting Standard (FRS) 102; the standard underpinning financial reporting for the vast majority of UK […]

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Joint Bank Reporting Committee calls for Reporting Contact Group members

April 17, 2026

If you have ever wished you had a seat at the table where EU banking reporting frameworks are shaped, here is your chance. The Joint Bank Reporting Committee (JBRC), established jointly by the European Banking Authority (EBA) and the European Central Bank (ECB), launched a call for expressions of interest in mid-April 2026 to join […]

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Switzerland proposes sustainability reporting aligned with EU frameworks

April 12, 2026

The Swiss Federal Council has issued proposals for new sustainability reporting and due diligence requirements, closely aligned with the EU’s Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).

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Limited appetite for voluntary SME financial reporting

April 12, 2026

The European Financial Reporting Advisory Group (EFRAG) has reported limited interest in a European wide financial Reporting Standard for SMEs, following outreach on a proposed template aimed at SMEs and start-ups.

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Japan’s TDnet: new XBRL requirements from 1 July 2026

April 12, 2026

Japan Exchange Group published advance specifications for an expanded set of XBRL requirements on its TDnet timely disclosure platform, effective 1 July 2026.

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