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High-quality data to navigate stormy seas

October 7, 2022

“The target for many of you is to achieve superior risk adjusted returns. For this you need reliable data and decision-making tools that allow you to incorporate emerging risks and opportunities into your portfolio allocation and risk management early on,” says Klaas Knot, Chair of the Financial Stability Board (FSB), in recent remarks to institutional investors.

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FASB releases GAAP taxonomy amendments

October 7, 2022

The US Financial Accounting Standards Board (FASB) has issued for comment its annual proposed technical and other conforming improvements for the 2023 version of the GAAP Financial Reporting Taxonomy (GRT).

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EIOPA sets out strategy and workplan

October 7, 2022

The European Insurance and Occupational Pensions Authority (EIOPA) has published its strategy for the period 2023–26. It aims to strengthen the resilience and sustainability of the insurance and pensions sectors, and enhance consumer protection in the EU.

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Trust can’t wait: Preparing for unfinished ESG standards

October 7, 2022

“How can companies prepare for something before knowing what it is?” That’s the question addressed in a new post by Workiva’s Andromeda Wood, who is also a member of XBRL International’s Best Practices Board, as she considers how to prepare for as-yet unfinished environmental, social and governance (ESG) reporting requirements.

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EBA reports on Basel III impact

October 7, 2022

The European Banking Authority (EBA) has published its first mandatory Basel III Monitoring Report, assessing the impact that full Basel III implementation will have on EU banks in 2028.

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CFAs get access to digital SEC data via Calcbench

October 7, 2022

The CFA Institute Research Foundation has officially launched its partnership with Calcbench, giving CFA Institute members free, instant and systematic access to XBRL data filed with the US Securities and Exchange Commission (SEC).

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EBA issues phase three of latest reporting framework

October 7, 2022

The European Banking Authority (EBA) has published the third and final phase of version 3.2 of its reporting framework.

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What needs to be done on data quality? FRC reviews first mandatory ESEF year

September 30, 2022

The FRC Lab reports on lessons learnt from the first year of mandatory digital reporting in the UK. It finds that many companies are rising to the challenge of the ESEF format, and points the way forward on more that needs to be done on data quality.

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SEC Pay Versus Performance taxonomy out for review

September 30, 2022

The US Securities and Exchange Commission (SEC) has released its draft Executive Compensation Disclosure (ECD) Taxonomy for public review, alongside a draft taxonomy guide.

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Extracting the latest governance and risk management trends from Japan

September 30, 2022

PwC Japan has recently published an analysis of this year’s trends in corporate governance, risk management and other hot topics, based on text mining of XBRL-based annual reports by Japanese public companies listed on the Tokyo Stock Exchange.

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