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DORA’s list lands as scrutiny of critical ICT third-party providers begins

November 24, 2025

Following on almost a year since it came into force in January 2025, this month the Digital Operational Resilience Act (DORA) supervision framework reached a new milestone.

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US court pauses California’s climate-risk reporting law in legal battle

November 24, 2025

On Wednesday this week the US climate-disclosure landscape shifted yet again, as the Ninth Circuit Court of Appeals issued an injunction halting SB 261 – California’s new climate-risk reporting law – just weeks before the first filings were due on 1 January 2026.

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XBRL US urges refinements to SEC’s 2026 draft taxonomies

November 24, 2025

Earlier this month XBRL US submitted a detailed comment letter to the US Securities and Exchange Commission (SEC), offering recommendations on recently published Draft 2026 SEC Taxonomies.

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Mind the data gap with AI assistants

November 24, 2025

Everyone’s talking about generative AI, not least in finance, where CFOs are dreaming of AI assistants to whip up reports, streamline analysis processes, and perhaps even make the coffee. But before businesses get swept up in the AI gold rush, it’s important to take a moment to ask: what’s feeding the machine?

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EU Omnibus vote materially waters down sustainability rules

November 14, 2025

The European Parliament has voted to significantly narrow the scope of the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).

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Japan progresses with 2027 EDINET taxonomy plans

November 14, 2025

This week Japan’s Financial Services Agency (FSA) published the results of its recent consultation on the 2027 EDINET Taxonomy Development Proposal, confirming continued progress towards embedding the IFRS Sustainability Disclosure Taxonomy into Japan’s digital reporting infrastructure.

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FRC opens technical discussion on future UK taxonomy design

November 14, 2025

This week the UK’s Financial Reporting Council (FRC) launched a discussion paper outlining proposed technical changes to the UK XBRL Taxonomy Suite. The paper invites input from across the digital reporting ecosystem as the FRC looks to modernise its taxonomy architecture.

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ISSB and TNFD align to streamline nature-related definitions

November 14, 2025

The International Sustainability Standards Board (ISSB) and the Taskforce on Nature-related Financial Disclosures (TNFD) recently announced that they’re converging their work to support coherence in global ESG reporting. The ISSB will begin a process focused on nature-related disclosures, drawing directly on the TNFD’s framework. In response, the TNFD will complete its ongoing technical work by […]

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EBA sheds light on EU supervisory approaches

November 14, 2025

The European Banking Authority (EBA) updated its overview of how national authorities across the EU are supervising banks and investment firms under the CRD V and IFD frameworks. This Q4 2024 update offers a comparative look at supervisory practices without imposing extra reporting burdens on institutions.

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Mate! Let’s lose the “Paper under glass”

November 14, 2025

Australia is one of the few advanced economies still relying on PDFs for financial reporting; something most global markets left behind years ago. In the latest episode of CPA Australia’s “With Interest” podcast, our CEO John Turner joined Ram Subramanian to explain why that needs to change.

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