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.
Last week, the XBRL US Regulatory Modernization Working Group (RMWG) submitted a comment letter in response to the Securities and Exchange Commission’s (SEC) proposed rule, EDGAR Filer Access and Account Management, also known as ‘EDGAR Next.’
The UK’s Financial Conduct Authority (FCA) has announced a package of sustainability disclosure requirements and investment labels, aiming to improve trust and transparency around sustainable investment products and facilitate informed decision-making.
The International Accounting Standards Board (IASB) has proposed amendments to IAS 32, IFRS 7, and IAS 1 to enhance accounting requirements for financial instruments with both debt and equity features.
We are very pleased to announce that Interstage XWand Runtime from Fujitsu has achieved XBRL Certified Software status for certification modules relating to xBRL-JSON and xBRL-CSV. This demonstrates that it is able to handle these newer XBRL formats.
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