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EFRAG seeks experts to contribute to sustainability reporting standards.

September 3, 2021

The European Financial Reporting Advisory Group (EFRAG) has put out a call for candidates with expertise and experience on sustainability matters.

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Mandatory climate reporting news from Switzerland and Singapore

September 3, 2021

The Swiss government, the Federal Council, has recently set a timeline and other parameters for mandatory climate disclosures by large companies.

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LAST CALL: Standards for New XBRL Formats Set to Go Final

August 6, 2021

XBRL International, the standards setter for digital business reporting, expects to promote new xBRL-CSV and xBRL-JSON formats to Recommended status within 90 days.

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Europe launches overhaul of rules on anti-money laundering and countering the financing of terrorism

July 30, 2021

The European Commission has announced an ambitious package of proposals to strengthen the EU’s anti-money laundering and countering the financing of terrorism rules and crack down on financial crime.

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SEC Chair on transparency for security-based swap markets

July 30, 2021

Gary Gensler, Chair of the US Securities and Exchange Commission (SEC) provided a range of comments on newly introduced US OTC swaps disclosure rules to the American Bar Association Derivatives and Futures Law Committee last week.

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Oman prepares to launch XBRL disclosure portal

July 30, 2021

The final countdown to XBRL reporting in Oman has begun! Oman’s Capital Market Authority (CMA) and its stock exchange, the Muscat Securities Market (MSM), has organised a second round of workshops in preparation for the launch of its new disclosure portal, which will enable the reporting of both financial and non-financial information in XBRL format.

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Bank of Russia recommends ESG disclosures

July 30, 2021

As support for greater and more consistent environmental, social and governance (ESG) disclosure gathers strength worldwide, the latest voice to join the chorus comes from Russia.

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EIOPA consults on streamlined supervisory reporting

July 30, 2021

The European Insurance and Occupational Pensions Authority (EIOPA) has published a consultation paper on amendments to its supervisory reporting and disclosure requirements under Solvency II.

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IIF compares and models approaches to climate risk

July 30, 2021

The Institute of International Finance (IIF) has recently published an interesting report, titled ‘Navigating Climate Headwinds: Reference Approaches for Scenario-based Climate Risk Measurement by Banks and Supervisors.’

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New reporting requirements for Chinese non-bank payment platforms

July 30, 2021

The People’s Bank of China (PBOC) has introduced new disclosure requirements for non-bank payment platforms around the reporting of major events or changes, which will come into effect at the start of September.

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