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EU to defer implementation of SFDR sustainability disclosures on investment products

December 10, 2021

The European Commission has announced, in a letter to the European Parliament and the Council of the EU, that implementation of the second stage of the Sustainable Finance Disclosure Regulation (SFDR) will be pushed back to 1 January 2023.

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Out of the dark: SEC seeks to boost transparency in the securities lending market

December 10, 2021

The US Securities and Exchange Commission (SEC) is consulting on a new rule designed to strengthen the transparency and efficiency of the securities lending market.

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IFAC releases vision for assurance of sustainability reporting

December 10, 2021

The International Federation of Accountants (IFAC) has published its vision for high-quality assurance of sustainability information.

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Taking steps towards biodiversity reporting standards: EFRAG and GRI to collaborate as co-constructors

December 10, 2021

With sustainability and particularly climate disclosures increasingly entering the mainstream of corporate reporting – if not yet fully realised in terms of implementation – biodiversity reporting standards may be the next area to watch.

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New XBRL report creation software certified

December 10, 2021

We are very happy to announce that report creation software CFOUR Comply from Eunoia is the latest product to join the XBRL Certified Software family.

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US municipal reporting pilot: Flint, Michigan partnership to implement XBRL and boost transparency

December 3, 2021

A new pilot programme in Flint, Michigan will explore how the use of XBRL can improve transparency in fiscal reporting and lead to better governance, potentially averting crises in municipal finance.

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Technology updates to IFRS Taxonomy 2021 out for consultation

December 3, 2021

The International Financial Reporting Standards (IFRS) Foundation yesterday published its ‘IFRS Taxonomy 2021—Proposed Update 2 Technology Update’. The IFRS Taxonomy allows financial reports using the IFRS standards to be digitally tagged using XBRL.

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UK’s FCA provides guidance on submitting XBRL reports

December 3, 2021

The Financial Conduct Authority (FCA) has recently released two key pieces of updated guidance on structured reporting for issuers in the UK using the Inline XBRL-based European Single Electronic Format (ESEF).

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IOSCO calls for greater oversight and transparency in ESG ratings and data products

December 3, 2021

The International Organization of Securities Commissions (IOSCO) has published a comprehensive report with observations and recommendations relating to environmental, social and governance (ESG) ratings and data product providers.

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IFRS Taxonomy 2021 published in four new languages

December 3, 2021

It’s good news for International Financial Reporting Standards (IFRS) users around the world, who can now deploy the most up-to-date digital tags in several additional languages.

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