The European Financial Reporting Advisory Group (EFRAG) has published its 2025 Annual Review, offering a full run down of what could be described as a rollercoaster of a year in European corporate reporting.
The US Securities and Exchange Commission (SEC) has cancelled EDGAR software release 26.2, previously scheduled for 15 June 2026.
The XBRL Standards Board has approved the publication of an initial Public Working Draft (PWD) of Taxonomy Packages 1.1. This new specification is an extension to the existing Taxonomy Packages 1.0, providing additional features including the documentation of dependencies on other taxonomies and support for the inclusion of xBRL-CSV entry points.
Brazil’s securities regulator, the Comissão de Valores Mobiliários (CVM), has amended its regulation requiring public companies to provide annual ISSB-aligned sustainability disclosures, moving from a mandatory to a voluntary system. Mandatory reporting had been due to apply to 2026 data, with disclosures beginning next year.
A recent survey by PwC, drawing on interviews with 50 Chief Information Officers in Germany, offers a glimpse of where AI adoption is getting stuck: the data.
The IFRS Foundation is seeking comments on a proposed update to the IFRS Accounting Taxonomy 2025 that would rationalise how narrative elements are structured and labelled. The deadline for comment is 7 September 2026.
Emmanuel Faber, chair of the International Sustainability Standards Board (ISSB), used a keynote address at the Frankfurt Sustainability Standards Conference on 29 May to make a confident case for sustainability disclosure standards, as the political winds around ESG continue to shift.
The Global Reporting Initiative (GRI) and the IFRS Foundation have issued a joint statement setting out how GRI and ISSB standards can be used together to deliver efficient, comprehensive sustainability reporting for investors and wider stakeholders.
At XBRL Europe’s Digital Reporting in Europe this week, ESMA’s Eduardo Moral Prieto provided an update on key developments relating to the European Single Electronic Format (ESEF) and the European Single Access Point (ESAP), highlighting both regulatory progress and upcoming implementation priorities.
While much of the debate around the EU’s sustainability reporting overhaul has focused on reducing reporting burdens, a parallel story is unfolding around digitisation. Presenting at XBRL Europe’s Digital Reporting in Europe on 28 May, Richard Bössen outlined EFRAG’s growing focus on digital implementation, interoperability and machine-readable ESG data.
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