In more implementation news, we bring you an update from Oman, where progress towards XBRL-based reporting is well advanced and a series of stakeholder meetings is set to offer valuable training, discussion and feedback.
The International Financial Reporting Standards (IFRS) Foundation Trustees have announced their intention to produce a definitive proposal for global sustainability standards, including a roadmap with timeline, by the end of September 2021 – and the compass may point straight to the establishment of an international Sustainability Standards Board (SSB) along similar lines to the International […]
If you were a mouse would you tie a bell to the cat, or would you let someone else make it their job? The fable of “belling the cat” – wherein inaction ends in disaster for the mice – serves as starting point for Christine Lagarde, President of the European Central Bank (ECB), in her […]
How would Europe’s banks fare under seriously adverse conditions – for example if the Covid-19 pandemic is prolonged? We’re set to find out; on 29 January the European Banking Authority (EBA) launched the 2021 EU-wide stress test, and released the macroeconomic scenarios for the test.
In a further step in extending its Environmental, Social and Governance (ESG) activities and mandate under the Biden administration, the US Securities and Exchange Commission (SEC) has named Satyam Khanna as Senior Policy Advisor for Climate and ESG.
In more news from the US Securities and Exchange Commission (SEC), on 3 February the Commission posted a new rule on electronic submissions to its EDGAR system in the Federal Register.
In case you missed it (oops – we did!), in December the US Financial Accounting Standards Board (FASB) released its updated taxonomies for the coming year.
Many of us have been carefully watching the progress of the European Single Electronic Format (ESEF) mandate. ESEF, underpinned by Inline XBRL, has seen the market rapidly develop new, innovative and competitive tools for compliance to meet the needs of companies that seek to mix “Data+Design”.
The Global Legal Entity Identifier Foundation (GLEIF) has announced enhancements to its Legal Entity Identifier (LEI) search engine, adding rich data functionality. It has also published a companion API to enable third-party developers to automate and customise searches, potentially supporting a wide variety of LEI data use-cases globally.
Forget Netflix – for your Friday-night viewing turn to Finextra TV as Campbell Pryde, CEO of XBRL US, and Madhu Mathew, Director of Technology at the Sustainability Accounting Standards Board (SASB) join Richard Peers of ResponsibleRisk.
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