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xBRL-CSV validation boosted with new table constraints draft

April 4, 2025

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.

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European commission tasks EFRAG with ESRS simplification under omnibus initiative

April 4, 2025

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).

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EBA releases draft technical package for reporting framework 4.1

April 4, 2025

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.

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SEC withdraws from defending climate disclosure rules

April 4, 2025

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.

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ducth companies

Large Dutch Companies Move to Inline XBRL, Boosting AI Analytics 

March 28, 2025

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.

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Swaminathan

Remembering S Swaminathan: a visionary in digital reporting

March 28, 2025

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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IFRS

IFRS Accounting Taxonomy 2025 Published, Incorporating IFRS 18 and IFRS 19 Disclosures

March 28, 2025

The IFRS Foundation has announced the release of the IFRS Accounting Taxonomy 2025, providing an updated digital tagging framework aligned with the latest IFRS Accounting Standards.

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XBRL international

XBRL International Takes Significant Step Toward Modernised Taxonomy Specification

March 28, 2025

This week in Oxford, a dozen expert volunteers from around the world joined forces with XBRL International staff for a pivotal Working Group meeting over three days, marking a significant milestone toward modernising the XBRL Taxonomy Specification.

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Crypto

SEC opens crypto dialogue with call for clearer rules

March 28, 2025

Earlier this month Mark T. Uyeda, Acting Chairman of the US Securities and Exchange Commission (SEC), opened the inaugural roundtable of the agency’s new Crypto Task Force in Washington, D.C.

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California

California climate rules spark digital debate

March 28, 2025

On 19 March, XBRL US submitted comments to the California Air Resources Board (CARB) as part of its consultation on implementing Senate Bills 253 and 261, California’s landmark climate disclosure laws.

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