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IOSCO updates its statement on non-GAAP financial measures

March 23, 2026

The International Organization of Securities Commissions (IOSCO) has issued an updated version of its Statement on Non-GAAP Financial Measures, originally published in 2016.

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EIOPA consults on streamlining insurer and pension fund reporting

March 23, 2026

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation inviting stakeholder feedback on potential inefficiencies, overlaps and inconsistencies in the regulatory reporting and disclosure requirements that apply to insurers and pension funds.

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AI in accountancy: promise, caution and the quality question

March 23, 2026

The Institute of Chartered Accountants of Scotland (ICAS) has published a new report examining how accounting professionals are adopting generative artificial intelligence (Gen AI). The picture that emerges is one of cautious optimism, although real concerns about reliability continue to exist.

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SEC accepts FASB’s 2026 taxonomies

March 23, 2026

The Financial Accounting Standards Board (FASB) has confirmed that the US Securities and Exchange Commission (SEC) has accepted the full suite of FASB Taxonomies for 2026.

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EDGAR release 26.1 offers key updates for filers

March 23, 2026

The US Securities and Exchange Commission (SEC) rolled out EDGAR Release 26.1 on 16 March 2026, bringing a set of updates relevant to structured data filers and reporting professionals alike.

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EBA updates ITS validation rules

March 23, 2026

The European Banking Authority (EBA) has issued a revised list of validation rules under its Implementing Technical Standards (ITS) on supervisory reporting, identifying rules that have been deactivated, reactivated, or changed in severity status. EU competent authorities are reminded not to formally validate submitted data against any deactivated rules.

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New blogs highlight progress on modernising XBRL

March 15, 2026

At XBRL International we’re continuing work on OIM Taxonomy, a strategic initiative to modernise the taxonomy layer of the XBRL standard. The OIM will make XBRL simpler, easier to use and more powerful, while ensuring it is well suited to today’s data tools, including AI-driven analysis.

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EFRAG puts draft simplified ESRS online in interactive format

March 15, 2026

The European Financial Reporting Advisory Group (EFRAG) is making its sustainability standards easier to navigate, launching an interactive version of its draft Simplified European Sustainability Reporting Standards (ESRS) on its Knowledge Hub platform.

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EBA moves to standardise reporting for third-country bank branches

March 15, 2026

The European Banking Authority (EBA) has set out a new supervisory reporting framework for third-country bank branches operating in the EU, paving the way for a forthcoming XBRL taxonomy to support harmonised data collection across member states.

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FRC maps next steps for UK digital taxonomy overhaul

March 15, 2026

The Financial Reporting Council (FRC) has set out the direction of travel for the next phase of the UK’s digital reporting infrastructure, publishing a feedback statement on proposed technical changes to the UK and Irish Digital Reporting Taxonomy Suite.

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