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Updates and perspectives on ESG at XBRL Europe event

July 22, 2022

Another really interesting session at the 30th XBRL Europe conference was the plenary session on environment, social, and governance (ESG) matters, with presentations now available to peruse online. It focused particularly on the crucial theme of how digital thinking is being built into emerging ESG standards.

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EU reporting framework overall effective, with governance an area for focus, says EC consultation

July 22, 2022

The European Commission (EC) has published a summary of responses to its consultation on ‘Corporate reporting – improving its quality and enforcement.’

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Get ready for connections, ideas, and a look into the future at WCOA 2022

July 22, 2022

Are you registered yet for the 21st World Congress of Accountants? It will be held during 18–21 November 2022 in Mumbai, India, and is hosted by the Institute of Chartered Accountants of India (ICAI) in partnership with the International Federation of Accountants (IFAC).

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Mervyn King on connectivity in reporting

July 22, 2022

The International Federation of Accountants (IFAC) has published a piece from Professor Mervyn King on ‘Stepping-stones for connectivity in financial and non-financial corporate reporting.’

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SRB publishes first annual state-of-play for EU bank resolvability

July 22, 2022

The EU’s Single Resolution Board (SRB) has, for the first time, published an assessment of bank resolvability, including a ‘heat-map’ of progress in priority areas.

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Who does what? Netherlands members find out!

July 15, 2022

The presentations are now online for XBRL Netherlands’ recent webinar setting out the respective roles and activities of XBRL International, XBRL Europe and XBRL Netherlands itself. It also provided a useful catch-up on current work and future plans.

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Another key step for vLEI: GLEIF opens programme for digital identity issuers

July 15, 2022

The Global Legal Entity Identifier Foundation (GLEIF) has launched an Issuer Qualification Program for the verifiable Legal Entity Identifier, or vLEI.

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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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