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Japan mandates digital sustainability reporting

July 27, 2026

The Japanese Diet has passed into law, requirements for sustainability disclosures and assurance by Japanese public companies and public interest entities (PIEs), based on the standards of the Sustainability Standards Board of Japan (SSBJ).

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FCA proposes streamlined fund reporting for asset managers

July 27, 2026

The Financial Conduct Authority (FCA) recently opened a consultation on a new fund reporting framework for UK asset managers, part of a wider package the regulator estimates will save the industry £128 million a year.

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FASB seeks comment on financial statement location dimensions guide

July 27, 2026

The XBRL staff of the Financial Accounting Standards Board (FASB) have issued a proposed Taxonomy Implementation Guide on financial statement location dimensions, aimed at preparers.

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EIOPA completes Solvency II Review mandate

July 27, 2026

On 15 July the European Insurance and Occupational Pensions Authority (EIOPA) published eight sets of guidelines and draft technical standards, completing every legal instrument it was mandated to deliver under the Solvency II Review. The finalised package applies from 30 January 2027.

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XBRL US warns against rolling back digital disclosure

July 27, 2026

XBRL US has written to the Securities and Exchange Commission (SEC) opposing any XBRL exemption for smaller filers, responding to the Commission’s proposals to simplify filer status for reporting companies.

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XBRL US argues that digital assets need digital reporting

July 27, 2026

XBRL US has responded to the National Credit Union Administration’s (NCUA) proposals for stablecoin issuance under the GENIUS Act with a recommendation that should be uncontroversial: if a new class of financial instrument is going to be reported on, it should be reported digitally, from the very first filing.

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IASB proposes second taxonomy update of 2026

July 27, 2026

The International Accounting Standards Board (IASB) has opened consultation on its second proposed update to the IFRS Accounting Taxonomy 2025, with comments welcome until 14 September 2026.

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Data collection begins for ESAP hub

July 20, 2026

Five years on from project launch, the European Securities and Markets Authority (ESMA) has officially kicked off the first phase of data collection for the European Single Access Point (ESAP).

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AI is present in reporting, but humans still lead

July 20, 2026

Corporate reporting remains steadfastly human-led even as artificial intelligence (AI) adoption gathers pace, according to new research published by the UK’s Financial Reporting Council (FRC).

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Refreshed guidance from our Best Practices Board

July 20, 2026

The XBRL International Best Practices Board (BPB) has reviewed its published guidance and updated several documents to reflect the latest specifications and best practices.

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