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EBA gearing up for granular reporting

July 23, 2021

In case you missed it, the European Banking Authority (EBA) reporting framework is set to support the new xBRL-CSV reporting format, in an important development that will facilitate filing of increasingly granular data.

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Climate risk and bank stress testing

July 23, 2021

The Financial Stability Institute (FSI) has published an Insights paper on ‘Stress-testing banks for climate change risk – a comparison of practices.’

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ESEF Reporting Manual now lets users see latest changes

July 23, 2021

We’re delighted to note that updates to the ESEF Reporting Manual will now be much easier to spot.

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XBRL US recommends digital reporting on pandemic recovery funds

July 23, 2021

How can we effectively track Covid-19 relief funding and understand its impact? Our colleagues at XBRL US believe a government standard is needed, enabling coordinated digital reporting.

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New for Nigeria! First XBRL reports blaze a trail

July 23, 2021

We were delighted to hear this week that Dangote Cement, Africa’s largest cement producer, has produced its most recent financial statements in XBRL, using the International Financial Reporting Standards (IFRS) Taxonomy.

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XBRL US consults on latest DQC Ruleset for data checks

July 23, 2021

The XBRL US Data Quality Committee (DQC) has published its 16th Ruleset for a 45-day public review and comment period, running until 31 August 2021.

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ESMA proposes amendments to MAR guidelines on delayed disclosure

July 23, 2021

When is it acceptable to delay disclosures of financial information, and when does this conflict with transparency obligations?

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Eurosystem launches digital euro project

July 23, 2021

Following exploratory experimentation, analysis and consultation, the Governing Council of the European Central Bank (ECB) has announced its decision to launch a digital euro project, to begin with a two-year investigation phase.

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IFAC urges UK to holistic pursuit of audit quality

July 23, 2021

The International Federation of Accountants (IFAC) has submitted a thought-provoking response to the UK in its response to the UK Department for Business, Energy & Industrial Strategy (BEIS) consultation on wide-ranging reforms aiming to restore trust in the country’s corporate reporting, audit and governance regime.

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Quality and comparability: G20 backs FSB and IFRS Foundation on climate reporting standards

July 16, 2021

The G20 Finance Ministers and Central Bank Governors have given a ringing endorsement to sustainability disclosures and the development of international standards.

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