In a speech on Tuesday at the EFRAG conference, European Commissioner Mairead McGuinness provided a public indication of something that we have been expecting for some time. As things stand, the steps required to formalise the EFRAG sustainability reporting (ESRS) taxonomy as official EU regulations will be delayed.
In a recent interview with Mr Lee Byungrhae (이 병 래 ), Secretary General of XBRL Korea and Vice Chairman of the Korean Institute of Certified Public Accountants, he highlighted the pivotal role of XBRL expansion in fortifying global trust, addressing the “Korea discount,” (international valuation gap) and enhancing corporate transparency.
Over the past few weeks, some 4000 Ukrainian financial reports have been added into the XBRL International filings.xbrl.org repository.
In the wake of the recent approval of the new, final XBRL Report Packages Specification, draft guidance on report packages has been approved by XBRL International’s Best Practices Board (BPB).
On 19 October the US Federal Energy Regulatory Commission (FERC) unveiled a Notice of Proposed Rulemaking aiming to revamp the Electric Quarterly Report (EQR) filing process and data collection.