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Bank of England releases latest statistics taxonomy, plus transition tool

June 3, 2022

The Bank of England (BoE) has published version 1.2.3 of its XBRL statistics taxonomy. This latest release includes a number of additions and amendments to validation rules, intended to improved reporting quality.

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Canada prioritises mandatory climate disclosure

June 3, 2022

The Canadian government has set climate-related financial disclosure as the top priority for its Sustainable Finance Action Council, which has been asked to advise ministers on the most effective ways to implement mandatory climate disclosures by the end of the year.

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Certified software now available for new XBRL formats

June 1, 2022

XBRL International is delighted to announce the certification of several software products for use with the xBRL-CSV and xBRL-JSON formats, providing a range of options for end users.

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IFRS staff needs your feedback!

May 27, 2022

The IFRS Foundation staff has this week issued a request for feedback to help shape the development of the IFRS Sustainability Disclosure Taxonomy – the XBRL taxonomy that will permit digital sustainability reporting under the standards being developed by the ISSB.

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Revisions to Calculations 1.1 ensure global utility

May 27, 2022

The XBRL Standards Board has approved a second Candidate Recommendation of the Calculations 1.1 specification, with improvements to ensure full international applicability.

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FASB issues further draft taxonomy implementation guidance

May 27, 2022

The US Financial Accounting Standards Board (FASB) has published another in its series of Taxonomy Implementation Guides relating to the 2022 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy (collectively the ‘GAAP Taxonomy’).

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ESG investment and company names: SEC issues new digital reporting requirements

May 27, 2022

The US Securities and Exchange Commission (SEC) has this week published two new rules that include XBRL reporting components, both now open for public comment.

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What next for progress on global sustainability baseline?

May 27, 2022

The International Sustainability Standards Board (ISSB) has also this week outlined the steps needed on the path to establishing a comprehensive global baseline for sustainability disclosures.

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Is AI a must to deal with today’s data?

May 27, 2022

We enjoyed the food for thought offered in a recent opinion piece by Jo Ann Barefoot on the case for placing artificial intelligence (AI) at the heart of digitally robust financial regulation.

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Taxonomy clarification for UK filers

May 27, 2022

We hear that public company filers to the UK Financial Conduct Authority (FCA) will continue to be able to use both European Single Electronic Format (ESEF) and UK Single Electronic Format (UKSEF) taxonomies.

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