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EIOPA proposes revised Solvency II reporting standards

April 7, 2026

The European Insurance and Occupational Pensions Authority (EIOPA) has submitted draft amendments to two Implementing Technical Standards (ITS), governing supervisory reporting and public disclosure under the Solvency II framework, to the European Commission.

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EFRAG requests deferral of IFRS 20 effective date

April 7, 2026

European financial reporting advisory body EFRAG has written to the International Accounting Standards Board (IASB) requesting that the effective date of the new IFRS 20 standard be pushed back by one year, from 1 January 2029 to 1 January 2030.

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ISSB consults on amendments to final three priority SASB Standards

April 7, 2026

The International Sustainability Standards Board (ISSB) has published an Exposure Draft proposing amendments to the remaining three of twelve SASB Standards it had identified as initial priorities for enhancement: Agricultural Products; Meat, Poultry & Dairy; and Electric Utilities & Power Generators.

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UK watchdog sets early benchmark for AI use in audit

April 7, 2026

The Financial Reporting Council (FRC) has published new guidance to support audit firms in deploying generative and agentic artificial intelligence (AI) tools, marking what it describes as the first guidance of its kind from an audit regulator globally.

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FERC adopts xBRL-CSV for filings

April 7, 2026

The The US Federal Energy Regulatory Commission (FERC) has published its final rule under Order No. 917, formally adopting the xBRL-CSV standard for Electric Quarterly Report (EQR) filings.

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FRC introduces evolved approach to audit supervision

April 7, 2026

The UK’s Financial Reporting Council (FRC) has announced a major overhaul of its audit supervisory model, effective April 2026. The revised framework places firms’ Systems of Quality Management (SoQM) at the heart of supervision, moving away from a more uniform approach towards one that is risk-based, designed to suit the current audit landscape.

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SEC pushes ahead with cost reductions to consolidated audit trail

April 7, 2026

The US Securities and Exchange Commission (SEC) has approved further amendments to the National Market System (NMS) Plan governing the Consolidated Audit Trail (CAT), aiming to significantly reduce the cost of operating one of the world’s largest regulatory data systems.

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Table Constraints 1.0 nearly finished

March 29, 2026

XBRL International’s Table Constraints 1.0 specification has reached a key milestone, being approved as a Proposed Recommendation. Thank you for the hard work of the OIM Working Group for this accomplishment.

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Kuwait publishes ISSB-aligned guidance for ESG disclosure

March 29, 2026

The Boursa Kuwait has issued an updated ESG Disclosure Guide, sharpening expectations for listed companies during the country’s push towards more transparent, decision-useful sustainability reporting.

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HMRC consults on mandatory XBRL tagging for UK corporation tax returns

March 29, 2026

On 10 March, HM Revenue & Customs (HMRC) launched a public consultation on changes to company tax returns, with more XBRL data tagging at its heart.

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