Login

Latest News

News Item

FASB invites feedback on 2025 GAAP employee benefit plan taxonomy improvements

November 3, 2024

The Financial Accounting Standards Board (FASB) has released proposed updates to the US GAAP Employee Benefit Plan (EBP) taxonomy, as part of the broader 2025 GAAP Financial Reporting Taxonomy. Issued with accompanying release notes, these updates outline technical and conforming adjustments intended to enhance the usability and accuracy of XBRL filings for employee benefit plans.

Read more


ESMA sets strict 2024 priorities, with double materiality at the forefront

November 3, 2024

Last week the European Securities and Markets Authority (ESMA) rolled out its 2024 European Common Enforcement Priorities (ECEP) for corporate reporting. This year, the European Securities and Markets Authority (ESMA) is doubling down on “double materiality,” the idea that sustainability reporting should capture not only financial impacts but also broader social and environmental ones.

Read more


EBA publishes draft package for the new 4.0 reporting framework

November 3, 2024

The European Banking Authority (EBA) has rolled out a draft technical package for its upcoming 4.0 reporting framework, giving institutions an early preview of the changes set to apply in 2025.

Read more


ISSB finalises SASB standards taxonomy update, boosting climate and sustainability disclosures

November 3, 2024

This week, the International Sustainability Standards Board (ISSB) released its updates to the SASB Standards Taxonomy, integrating recent changes to address the evolving demands of climate and sustainability reporting.

Read more


together 2024-10-25

XBRL US pushes for a unified approach to data standards in FDTA rule proposal

October 27, 2024

XBRL US has submitted a comment letter on the Financial Data Transparency Act (FDTA) rule proposal.

Read more


EDGAR cybersecurity 2024-10-25

SEC integrates XBRL cybersecurity taxonomy in latest EDGAR update

October 27, 2024

Building on the EDGAR Next update from earlier this month, the US Securities and Exchange Commission (SEC) has announced new improvements to its EDGAR system. As of 22 October 2024, the SEC has adopted amendments to the EDGAR Filer Manual, introducing the use of XBRL for reporting cybersecurity disclosures.

Read more


EU banking 2024-10-25

EBA launches consultation on Pillar 3 data hub technical standards 

October 27, 2024

On 11 October 2024, the European Banking Authority (EBA) launched a consultation on draft technical standards to support its new Pillar 3 data hub. This centralised hub will gather and publish prudential disclosures from financial institutions across the EU, giving stakeholders a single access point to review standardised Pillar 3 information.

Read more


financial 2024-10-25

FSB consults on common format for reporting operational incidents

October 27, 2024

On 17 October 2024, the Financial Stability Board (FSB) launched a consultation on its new Format for Incident Reporting Exchange (FIRE).

Read more


identify 2024-10-25

FSB urges wider use of the LEI but hurdles remain

October 27, 2024

The Financial Stability Board (FSB) has released an updated progress report on the implementation of the Legal Entity Identifier (LEI) which was introduced in 2012 to standardise identification of counterparties in financial transactions globally.

Read more


Napoles XBRL 2024-10-25

Fujitsu hosts 6th annual xBRL workshop in Naples 

October 27, 2024

Contributed by Slawomir Skrzypek, Business Development Director – EMEA Center of Excellence for FUJITSU xBRL Solutions.  On 9 October 2024, Fujitsu, a Direct Member and Sustaining Partner of XBRL International, gathered regulators, XBRL experts, and technical leaders from 22 countries at its 6th Annual European xBRL Workshop in Naples.

Read more



Newsletter
Newsletter

Would you like
to learn more?

Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.

  • This field is for validation purposes and should be left unchanged.

By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy