With the second IFRS digital taxonomy planned for publication on 30 April, this week the IFRS Foundation unveiled a short video designed to demystify the concept of IFRS digital taxonomies and illustrate how they empower companies to present information in compliance with IFRS Standards in a structured, machine-readable format.
Nikhil Rathi, Chief Executive of the Financial Conduct Authority (FCA), spoke at the Digital Regulation Cooperation Forum (DRCF) earlier this month. Rathi addressed key issues surrounding digital regulation in the UK and provided insights into the future direction of regulatory efforts in the face of rapid technological advancement.
The International Accounting Standards Board (IASB) has wrapped up its project on Business Combinations under Common Control (BCUCC) with the publication of a project summary – the main takeaway being: no action is the way forward.
The International Sustainability Standards Board (ISSB) plans to initiate research projects focusing on the disclosure of risks and opportunities related to biodiversity, ecosystems, ecosystem services, and human capital. These research projects arise out of the ISSB’s consultation on future priorities.
The Securities and Exchange Commission (SEC) has opened a window for public comment on the collection of annual financial reports from Nationally Recognized Statistical Rating Organizations (NRSROs), commonly known as credit rating agencies.
XBRL Spain recently marked its 20th anniversary with a celebration in Madrid. Founded in 2004, XBRL Spain represents significant regulators and supervisors such as the Bank of Spain, CNMV, ICAC, Mercantile Registry, and the General Directorate of Heritage, as well as many private entities in the technology sector.
The Digital Operational Resilience Act (DORA) continues to be an area of focus for both EU regulated firms and their service providers.
The International Federation of Accountants (IFAC) has published a report outlining four key areas where accountants need to enhance their knowledge to meet the escalating demand for sustainability-related information.
This week the International Accounting Standards Board (IASB) released its newest standard, IFRS 18 – Presentation and Disclosure in Financial Statements.
The Securities and Exchange Commission (SEC) have decided to hit pause on the implementation of the Final Rules regarding climate-related disclosures for investors. Originally set to kick in from 2026, the effective date has been postponed while the (varied!) legal challenges are dealt with.
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