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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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EBA proposes criteria to identify shadow banking entities

July 30, 2021

The European Banking Authority (EBA) launched today a public consultation on draft regulatory technical standards (RTS) that set out criteria for identifying shadow banking entities.

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Practical guide to SASB disclosures

July 30, 2021

Some of our readers may be interested in a new eight-step guide to the disclosure process using Sustainability Accounting Standards Board (SASB) Standards.

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Pandemic analysis suggests disclosures promote financial stability

July 30, 2021

The Financial Stability Board (FSB) recently published its ‘Interim Report on the Lessons Learnt from the COVID-19 Pandemic from a Financial Stability Perspective,’ identifying preliminary lessons on financial stability and the functioning of the G20 financial reforms.

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IFAC and AICPA & CIMA support ISSB formation to set sustainability standards

July 30, 2021

With the closure of International Financial Reporting Standards (IFRS) Foundation consultation on amendments to its constitution and governance structure – allowing the formation of a new International Sustainability Standards Board (ISSB) – recent days have seen notable responses.

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99 days that will change reporting

July 23, 2021

The coming days should see greater certainty emerge in the environmental, social, and governance (ESG) standards-setting space, says XBRL International CEO John Turner.

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