The European Securities and Markets Authority (ESMA) this week closed its consultation on critical updates set to expand the EU’s digital reporting regime.
XBRL International has written to the European Securities and Markets Authority (ESMA) suggesting xBRL-CSV as the ideal format for disclosures on private securitisation.
On 1 April, the Parliament of the European Union (EU) voted to fast-track the ‘stop the clock’ proposal, a key move to postpone the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD) for certain companies.
This week, Datamaran published an interview with John Turner, CEO of XBRL International (XII), and Jérôme Basdevant, CTO and co-founder of Datamaran, tackling a hot topic: is AI set to replace digital tagging in ESG reporting?
The XBRL Standards Board has approved the release of a second Public Working Draft (PWD) of the Table Constraints specification. This modular enhancement to the xBRL-CSV format is designed to enable highly efficient validation of business rules, especially when dealing with very large xBRL-CSV reports.
On 27 March, the European Commission (EC) formally mandated the European Financial Reporting Advisory Group (EFRAG) Sustainability Reporting Board (SRB) to lead the simplification of the European Sustainability Reporting Standards (ESRSs).
Earlier this week the European Banking Authority (EBA) released the draft technical package for version 4.1 of its reporting framework, giving preparers an early look at upcoming changes. The finalised package is scheduled for release at the end of May 2025, allowing time for industry feedback and adjustments.
On 27 March, the United States Securities and Exchange Commission (SEC) voted to withdraw its defence of the Climate-Related Disclosures Rule, leaving the future of mandatory climate risk reporting for US issuers in limbo.
Around 8,000 large Dutch enterprises will transition to digital financial reporting using Inline XBRL, following smaller and listed companies already mandated to report digitally.
It is with profound sadness that we share the news of the passing of Mr S Swaminathan, CEO and Founder of IRIS Business Services, who died suddenly on Wednesday.
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