ESMA report shows regulators stepping up their data game
On 30 April, the European Securities and Markets Authority (ESMA) published its fifth Report on the Quality and Use of Data, shedding light on how regulatory data is being used across the EU—and where early wins are emerging in efforts to reduce the reporting burden.
ISSB proposes targeted changes to streamline Scope 3 disclosure
Earlier this week the International Sustainability Standards Board (ISSB) released an Exposure Draft proposing targeted amendments to IFRS S2, aiming to ease some of the thorniest climate reporting requirements—without diluting the utility of disclosures for investors.
AI meets XBRL: finally speaking the same language
Everyone’s experimenting with AI. LLMs are being thrown at everything (from earnings calls to ESG scoring to automated due diligence) and there’s a growing sense that we’re on the edge of something transformative in financial analysis.
No structure, no certainty: why AI needs XBRL.
There’s a myth doing the rounds: that in the era of AI, we no longer need structured data. That somehow, large language models can read a few PDFs and spit out perfect insights. It’s a nice idea—but it’s dangerously wrong.
Soft landing for SMEs with South Korea’s phased XBRL rollout
The Financial Supervisory Service (FSS) of South Korea announced on 7 April a comprehensive “soft landing” plan to support small and medium-sized listed companies as they begin submitting XBRL annotated financial disclosures.
