News from this week
It might be December but there is still plenty happening! Read on for more on the new ISSB Chair, ESMA taxonomy, new SEC rules and digital strategy at EIOPA.
Latest News
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Hong Kong prepares for digital tax reporting using Inline XBRL
The Hong Kong Inland Revenue Department (IRD) looks set to launch Inline XBRL-based digital tax reporting for business within the next 18 months. An new consultation paper sets out progress so far and proposals for moving forward.
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New draft calculations specification available for review
The XBRL Standards Board has approved the publication of an initial Public Working Draft of the Calculations 1.1 specification and an accompanying requirements document.
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XBRL registry updates facilitate emissions reporting
The XBRL Standards Board has approved updates to both the Data Type Registry and the Unit Type Registry. This update contains new draft data types and units that provide support for reporting greenhouse gas emissions.
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Reflecting on the benefits of XBRL at the SEC, and looking to the digital future
Toppan Merrill have recently released a series of four very short videos, drawn from their September webinar on the question of ‘12 Years After the SEC Mandate. Has it All Been Worth it?’ – to which, of course, the answer is yes!
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EBA uses digital data to assess EU bank risks and provide transparency
The European Banking Authority (EBA) has published its annual risk assessment of the European banking system for 2021.
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Bank of England seeks data transformation solutions from vendors – submit today!
The Bank of England (BoE) has issued a request for input from suppliers on designing solutions to tackle the challenges of modernising its approach to data collection.
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EU to defer implementation of SFDR sustainability disclosures on investment products
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
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
The International Federation of Accountants (IFAC) has published its vision for high-quality assurance of sustainability information.
