The European Banking Authority (EBA) have revamped their website, adding some useful new features in the process to help ease the journey of supervisory changes and increase understanding of regulatory frameworks.
We’re delighted to announce that report creation software product Reportl by Friend Studio has passed the necessary testing to gain XBRL Certified Software Status.
With South Korea expanding the scope of XBRL tagging to include the notes to accounts, FNN news recently interviewed Hyeong-nam Lee, Director of Deloitte’s XBRL Center, about their experiences with the standard.
The UK’s Financial Reporting Council (FRC) has published new suggestions for corporates responsible for reporting in Inline XBRL to the UK’s National Storage Mechanism. We think it should be required reading for all companies reporting in Inline XBRL, wherever they are.
There is a lot of incredibly useful guidance available on developing XBRL taxonomies, but that same richness of information can also be a little overwhelming when first setting out. We are delighted to announce that XBRL International’s Best Practices Board (BPB) has published a review draft of its new XBRL Taxonomy – Quick Start Guide.
The three European Supervisory Authorities (ESAs) – EBA, EIOPA, and ESMA – have issued key amendments to the draft Regulatory Technical Standards (RTS) that complement the EU’s Sustainable Finance Disclosure Regulation (SFDR). These adjustments are aimed at fortifying the existing SFDR framework and responding to the evolving landscape of sustainable finance.
EFRAG and GRI have solidified their ongoing collaboration with a new Memorandum of Understanding (MoU), helping bring clarity to the alignment between the European Sustainability Reporting Standards (ESRS) and the GRI Standards. The MoU emphasizes technical support for reporting companies, aiming to deliver transparent and comparable sustainability information.
The US Federal Accounting Standards Advisory Board (FASAB) has unveiled its three-year plan, providing a comprehensive roadmap for upcoming initiatives. Detailed in the annual report, FASAB outlines significant accomplishments, exposure drafts, and future directions.
This week has seen a huge amount of activity in the sustainability sphere at COP28, including from the International Sustainability Standards Board (ISSB). In a Declaration of Support, nearly 400 organisations from 64 jurisdictions affirmed their commitment to advancing the adoption or use of the ISSB’s Climate Standard as the climate global baseline.
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published an update to the European Single Electronic Format (ESEF) XBRL taxonomy 2022 files and the ESEF Conformance Suite 2023 to facilitate the implementation of the ESEF Regulation.
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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.
