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French standards setter chimes in on simplifying ESRS for smoother sustainability reporting

June 22, 2025

Following the European Commission’s omnibus proposal to streamline the Corporate Sustainability Reporting Directive (CSRD), the French accounting standards authority (ANC) formed a working group to propose simplifications to the European Sustainability Reporting Standards (ESRS).

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Nordic countries take digital reporting up a notch – and it’s working

June 22, 2025

The Nordic region has made remarkable strides in digital reporting, with a collaborative programme that’s turning heads across Europe. A recent blog from XBRL US delves into the Nordic Smart Government & Business (NSG&B) initiative.

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SEC withdraws proposed rules

June 22, 2025

The United States Securities and Exchange Commission (SEC) has formally withdrawn 14 proposed rules that had remained in the consultation stage. Among them are three proposals with structured data elements, each of which included XBRL tagging in their original drafts.

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SEC updates EDGAR filer manual ahead of major system transition

June 22, 2025

The US Securities and Exchange Commission (SEC) adopted amendments to Volume II of the EDGAR Filer Manual, aligning with recent system updates under Release 25.2.

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EBA updates supervisory reporting validation rules

June 22, 2025

Earlier this month the European Banking Authority (EBA) published a revised list of validation rules under its Implementing Technical Standards (ITS) for supervisory reporting. The update identifies rules that have been deactivated due to inaccuracies or IT-related issues.

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New IFRS e-learning helps firms get on top of ISSB prep

June 22, 2025

If you’re still wondering how to get up to speed on IFRS S1 and S2, the IFRS Foundation has the solution. A new set of e-learning modules—completely free and hosted on the IFRS Sustainability Knowledge Hub—aims to get companies and stakeholders up to scratch on the ISSB Standards.

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Global adoption map shows ISSB Standards gaining ground

June 22, 2025

Which countries are following through on sustainability disclosure? This week, the IFRS Foundation answered that question with a new set of jurisdictional profiles, laying out the current state of play on the adoption of the ISSB Standards across 36 jurisdictions.

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Custom tags decline: a subtle but significant signal from US GAAP filers

June 15, 2025

When the SEC first mandated XBRL tagging over a decade ago, it marked the beginning of a data-driven revolution in corporate disclosure.

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Korean research links intangible impairments to long-term performance

June 15, 2025

A new report from the Korea Accounting Research Institute (KARI) offers fresh insight into the practical implications of IFRS 18 for Korean companies—especially around the recurring nature of impairment losses.

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FCA bets big on AI with NVIDIA-powered sandbox

June 15, 2025

The UK Financial Conduct Authority (FCA) has unveiled its boldest move yet to support AI in financial services: a new “Supercharged Sandbox” developed in partnership with tech heavyweight NVIDIA. Announced earlier this week, the initiative gives firms a secure space to experiment with artificial intelligence—equipped with top-tier computing power, better data, and tailored regulatory guidance.

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