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FSB annual report flags data gaps as nonbank finance risk rises

March 29, 2026

The Financial Stability Board (FSB) published its Annual Report for 2025 in late March 2026, painting a picture of a financial system that has so far held firm against mounting pressures; but one where significant vulnerabilities lurk in the shadows, particularly in the fast-growing world of nonbank financial intermediation (NBFI).

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New Guidance: XBRL Report Packages and IT Security

March 29, 2026

Ever run into issues moving XBRL materials around in corporate networks? Good news! The XBRL International Best Practices Board has published new practical guidance for IT and security teams on handling XBRL Report Packages — the standardised file format used for regulatory and financial reporting worldwide.

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New Zealand adopts ISSA 5000, strengthening sustainability assurance

March 29, 2026

New Zealand has taken a further step in strengthening trust in sustainability reporting, with the New Zealand Auditing and Assurance Standards Board adopting its local equivalent of ISSA 5000.

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IOSCO updates its statement on non-GAAP financial measures

March 23, 2026

The International Organization of Securities Commissions (IOSCO) has issued an updated version of its Statement on Non-GAAP Financial Measures, originally published in 2016.

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EIOPA consults on streamlining insurer and pension fund reporting

March 23, 2026

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation inviting stakeholder feedback on potential inefficiencies, overlaps and inconsistencies in the regulatory reporting and disclosure requirements that apply to insurers and pension funds.

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AI in accountancy: promise, caution and the quality question

March 23, 2026

The Institute of Chartered Accountants of Scotland (ICAS) has published a new report examining how accounting professionals are adopting generative artificial intelligence (Gen AI). The picture that emerges is one of cautious optimism, although real concerns about reliability continue to exist.

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SEC accepts FASB’s 2026 taxonomies

March 23, 2026

The Financial Accounting Standards Board (FASB) has confirmed that the US Securities and Exchange Commission (SEC) has accepted the full suite of FASB Taxonomies for 2026.

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EDGAR release 26.1 offers key updates for filers

March 23, 2026

The US Securities and Exchange Commission (SEC) rolled out EDGAR Release 26.1 on 16 March 2026, bringing a set of updates relevant to structured data filers and reporting professionals alike.

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EBA updates ITS validation rules

March 23, 2026

The European Banking Authority (EBA) has issued a revised list of validation rules under its Implementing Technical Standards (ITS) on supervisory reporting, identifying rules that have been deactivated, reactivated, or changed in severity status. EU competent authorities are reminded not to formally validate submitted data against any deactivated rules.

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New blogs highlight progress on modernising XBRL

March 15, 2026

At XBRL International we’re continuing work on OIM Taxonomy, a strategic initiative to modernise the taxonomy layer of the XBRL standard. The OIM will make XBRL simpler, easier to use and more powerful, while ensuring it is well suited to today’s data tools, including AI-driven analysis.

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