In recent months momentum for renewed NFI reporting has increased in Europe, with the European Commission (EC) conducting a review into the Non-Financial Reporting Directive (NFRD).
The UK’s Financial Conduct Authority (FCA) recently announced the launch of their new user-friendly data collection platform, RegData.
Regulators the world over are concerned that public companies provide as much transparency as possible about the impact of the pandemic on their operations. For example ESMA, the SEC, Japan’s JFSA, Brazil’s CVM, and IOSCO itself have recently provided advisories in this area.
A collection of European financial associations have called on the European commission to establish a common Environmental Social and Governance (ESG) data register and facilitate disclosure to enhance the quality and usability of ESG data.
This week the International Accounting Standards Board (IASB) issued amendments to IFRS 17 (insurance contracts).
The European Securities and Markets Authority (ESMA) has published a draft update to the ESEF Regulatory Technical Standards (RTS) to reflect the changes that have been made to the 2020 IFRS taxonomy.
XBRL International has conducted a survey of XBRL Certified Software™ vendors that offer report creation solutions for ESEF. We’ve now completed the production of reports on a country-by-country basis across the EEA and UK.
Please keep an eye on the XBRL Europe website for a host of very useful presentations and discussions that occurred this week. Amongst others, there was a presentation from Patrick de Cambourg, Chairman of the Autorité des Normes Comptables, the French standards setter. M. de Cambourg described the need for ESG Reporting (or in EU parlance […]
One item at this week’s XBRL Europe Digital Week was especially encouraging for those of us focussed on the modernisation and simplification of the XBRL standard. Fujitsu’s development team have been working on a Proof of Concept implementation for the xBRL-CSV specification. xBRL-CSV is designed to simplify handling of very large volumes of data. This […]
The European Securities and Markets Authority (ESMA), European Insurance and Occupational Pensions Authority (EIOPA), and European Banking Authority (EBA), or ESAs, have provided a joint letter to the European Commission highlighting key messages in their response to the review of the Non-Financial Reporting Directive (NFRD). The ESAs agree that the NFRD needs revising to meet […]
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
