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New certified XBRL report creation software

April 8, 2022

We are very pleased to announce that report creation software Comarch ESEF from Comarch S.A. is the latest product to join the XBRL Certified Software family.

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ISSB publishes draft sustainability reporting standards, sets course for alignment

April 1, 2022

The ISSB has released its first two proposed standards, allowing the consultation process to begin and marking a critical milestone on the way to a global baseline for sustainability reporting.

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EDGAR updated as US SEC adopts 2022 taxonomies

April 1, 2022

Spring in the Northern Hemisphere brings new life – and important annual taxonomy updates!

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Supervigilancia joins Colombia’s digital reporting heroes as new taxonomy launched

April 1, 2022

The Superintendency of Surveillance and Private Security (Superintendencia de Vigilancia y Seguridad Privada, otherwise known as Supervigilancia) is the latest Colombian supervisory body to go digital, requiring data in XBRL to boost quality, consistency and comparability.

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SEC proposes Inline XBRL disclosures for SPACs

April 1, 2022

The wild days seem to be over for special purpose acquisition companies (SPACs), at least in the US.

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New data type facilitates digital climate disclosures

April 1, 2022

The XBRL Standards Board has this week approved an update to the XBRL Data Type Registry (DTR). Most notably, this adds a new item type for use in reporting greenhouse gas emissions.

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Italy introduces testing option for ESEF filings

April 1, 2022

It is now possible for Italian filers to test financial statements in the Inline XBRL-based European Single Electronic Format (ESEF), thanks to a new online function on the website of the Italian Business Register (Registro delle Imprese).

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China directs companies to improve financial reporting

April 1, 2022

We note with interest recent reports that listed companies in China are being asked to improve the effectiveness of their internal controls in financial reporting, and the quality of the information they produce.

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How should regulators respond to the digital transformation?

April 1, 2022

Fernando Restoy, Chair of the Financial Stability Institute, offers an abundance of food for thought in a recent speech discussing the role of – and consequences for – regulation in the ongoing digital disruption of the financial sector.

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EFRAG releases final sustainability draft

April 1, 2022

Crossing the finishing line of a standards-drafting marathon, the European Financial Reporting Advisory Group (EFRAG) has published its final working paper on sustainability reporting standards.

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