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XBRL US recommends xBRL-CSV for money market fund reporting

July 15, 2022

XBRL US has submitted a comment letter on a Securities and Exchange Commission (SEC) notice of information collection for Form N-MFP.

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Banks must sharpen focus on climate risk, says ECB

July 15, 2022

The European Central Bank (ECB) has reported the results of its 2022 climate risk stress test. It finds that while EU banks succeeded in reporting comprehensive and innovative information, making it a valuable exercise, most banks do not have robust climate risk stress-testing frameworks and lack relevant data.

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Essential underpinnings: catch up on TCFD

July 15, 2022

As our regular readers will be acutely aware, this year has seen public consultations on three major sustainability reporting frameworks – all based on one important foundation.

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FSB on regulation of crypto-assets

July 15, 2022

Against the backdrop of the recent market turmoil, the Financial Stability Board (FSB) has published a statement on the international regulation and supervision of crypto-asset activities.

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ESAP latest: EU drives towards transparency

July 8, 2022

Among other great speakers at the recent XBRL Europe conference, Jean-Phillippe Rabine of the European Commission provided an update on the planned European Single Access Point, or ESAP, the EU’s far-reaching and ambitious plan to provide huge amounts of reported digital information all in one place.

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Revolutionising data consumption: how XBRL can help energy companies understand rate cases

July 8, 2022

The transition to XBRL by the US Federal Energy Regulatory Commission (FERC), for regulatory reporting by energy utilities, is one of the many interesting frontiers in digital reporting right now.

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Level playing field needed? Diverse approaches hamper consistent reporting and audit across Europe

July 8, 2022

Just what is a public interest entity, or PIE? In fact, the answer can vary depending on where you are: a useful new paper from Accountancy Europe summarises the significant variation in how European nations define PIEs.

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A dive into corporate digital identity – and contemplating bulk LEI issuance

July 8, 2022

A recent research paper from the Bank for International Settlements (BIS) looks in depth at the concept of corporate digital identity with a focus on the Legal Entity Identifier (LEI).

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FASB publishes proposed GAAP Taxonomy for review

July 8, 2022

The Financial Accounting Standards Board (FASB) has announced that its Proposed 2022 Q3 Supplemental GAAP Taxonomy is now available for public review and comment.

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ESMA publishes findings on ESG ratings market structure

July 8, 2022

The European Securities and Markets Authority (ESMA) has written to the European Commission (EC) with the results of its Call for Evidence on the market structure of environmental, social and governance (ESG) ratings providers in the EU.

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