Areas of focus at the SEC
It will not have escaped our readers’ notice that it is annual report season in the US – and many other jurisdictions.
It will not have escaped our readers’ notice that it is annual report season in the US – and many other jurisdictions.
The UK has this week brought forward two significant measures aimed at increasing corporate transparency with regard to company ownership and cutting down on economic crime. It will introduce mandatory Inline XBRL at business registrar Companies House.
The Council of the European Union has agreed its general approach to the European Commission proposal for a Corporate Sustainability Reporting Directive (CSRD), updating the Non-Financial Reporting Directive (NFRD).
The XBRL US Data Quality Committee (DQC) approved version 17 of its freely-available validation rules and guidance in January. This latest update adds eight new rules, taking the total to 91 and coming into effect for filings submitted on or after 1 May 2022.
The Securities and Exchange Board of India (SEBI) has published a notable circular making clear its approach to securities market data access and terms of use, following a review by its Market Data Advisory Committee.
There’s a great deal going on in terms of sustainability reporting in the EU at the moment, making it a little tricky to keep track.
The Eurofiling Foundation has updated the Eurofiling Taxonomy, which provides support to numerous taxonomies that deploy the Data Point Model (DPM).
As our regular readers will know, the Inline XBRL-based European Single Electronic Format (ESEF) is now required for financial reporting across the EU.
The US Financial Accounting Standards Board (FASB) last year ran a consultation on its future standard-setting agenda, receiving feedback from over 500 stakeholders that it is in the process of considering.
The European Commission has proposed a new Data Act addressing who can use and access data generated in the EU across all economic sectors.