This week has seen a flurry of new developments in the UK’s sustainability reporting space, taking the country another step closer to the useful, comparable, environmental data investors and regulators need.
The IFRS Foundation announced yesterday that Prof. Dr Andreas Barckow has been selected as the next Chair of the International Accounting Standards Board (IASB), effective July 2021. He will succeed Hans Hoogervorst, whose second 5 year term will conclude at the end of June.
Following similar moves from the IASB, the Financial Accounting Standards Board has issued an update designed to help alleviate the burden on companies affected by Covid-19.
The world over, financial regulators have a host of additional powers wherever a company is so vital to the operation of the economy that it’s judged “systemically important” in the light of guidelines agreed after the 2008 financial crisis.
A recent Bank of International Settlements (BIS) paper takes a deep dive into the landscape, prospects and challenges of FinTech in Latin America, arguing that the continent is at the cusp of progress in this area.
When a taxonomy is published it generally comes with supporting documents that help the taxonomy’s implementation – but what exactly should be published alongside a taxonomy? New draft guidance published this week indicates best practice in basic supporting documentation.
This week the Task Force on Climate-related Financial Disclosures (TCFD) published its annual Status Report, showing significant growth in the number of supporting organisations and amount of investor demand.
The European Securities and Markets Authority (ESMA) has published its annual Public Statement on European Common Enforcement Priorities – and Covid-19 is at the top of the list.
Interesting news out of Germany yesterday with the announcement of the acquisition of BearingPoint’s successful RegTech business by Nordic Capital.
We’re pleased to announce that XBRLizer and XBRLViewer from Reporting Estándar have gained certification as XBRL Review and Consumption software, broadening the market for users looking for review and audit tools for XBRL and Inline XBRL reports.
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