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EDGAR updates move ahead with revised filer manual

April 28, 2025

The US Securities and Exchange Commission (SEC) has released Version 74 of Volume II of the EDGAR Filer Manual, incorporating recent technical changes to support updated regulatory requirements and the ongoing rollout of EDGAR Next. The updates are now in effect and reflect broader efforts to modernise the electronic filing system.

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FAF report highlights strategic updates and renewed focus on stakeholder input

April 28, 2025

The Financial Accounting Foundation (FAF) has released its 2024 Annual Report, spotlighting a year defined by stakeholder engagement, key standard-setting progress, and updates to its strategic direction.

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No structure, no certainty: why AI needs XBRL. 

No structure, no certainty: why AI needs XBRL. 

April 21, 2025

There’s a myth doing the rounds: that in the era of AI, we no longer need structured data. That somehow, large language models can read a few PDFs and spit out perfect insights. It’s a nice idea—but it’s dangerously wrong.

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FSB’s FIRE ignites global progress in cyber incident reporting

FSB’s FIRE ignites global progress in cyber incident reporting

April 21, 2025

Earlier this week the Financial Stability Board (FSB) published the final Format for Incident Reporting Exchange (FIRE)—a global framework designed to harmonise how financial institutions report operational and cyber incidents.

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FRC sets the calendar for consultations

FRC sets the calendar for consultations

April 21, 2025

This week the UK’s Financial Reporting Council (FRC) announced the launch of a new quarterly consultation schedule, starting next month in May. The move is aimed at giving stakeholders greater predictability and helping them engage more effectively with regulatory proposals.

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EIOPA calls for simplification – but not at the expense of supervision.

EIOPA calls for simplification – but not at the expense of supervision. 

April 21, 2025

Earlier this month, the European Insurance and Occupational Pensions Authority (EIOPA) set out its vision for simplifying regulation while maintaining effective supervision across the EU.

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EFRAG invites feedback on cutting ESRS red tape.

EFRAG invites feedback on cutting ESRS red tape

April 21, 2025

EFRAG wants to hear from you. On 8 April, the European Financial Reporting Advisory Group launched a public call for input on simplifying the first set of European Sustainability Reporting Standards (ESRS).

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Nature in focus: ISSB explores reporting needs with TNFD.

Nature in focus: ISSB explores reporting needs with TNFD

April 21, 2025

Last week the IFRS Foundation and the Taskforce on Nature-related Financial Disclosures (TNFD) announced a new phase in their collaboration, exploring the potential for high-quality nature-related disclosures for capital markets.

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Soft landing for SMEs with South Korea’s phased XBRL rollout

April 11, 2025

The Financial Supervisory Service (FSS) of South Korea announced on 7 April a comprehensive “soft landing” plan to support small and medium-sized listed companies as they begin submitting XBRL annotated financial disclosures.

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Jordan advances digital reporting as 94% of listed firms file XBRL disclosures

April 11, 2025

On 7 April, the Amman Stock Exchange (ASE) reported a major digital milestone: 94% of listed companies filed their 2024 annual financial statements using XBRL through the ASE’s e-disclosure system. This strong adoption underscores Jordan’s growing commitment to transparency, regulatory compliance, and modernised financial reporting.

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