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ISSB boosts global sustainability standards from new Beijing office

November 25, 2023

The International Sustainability Standards Board (ISSB) recently convened at its newly established office in Beijing, China. The week included a number of updates, culminating in the Beijing International Sustainability Conference on 17 November.

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GLEIF maps out the future of digital corporate identity

November 25, 2023

A blog post by Global Legal Entity Identifier Foundation (GLEIF) CEO Stephan Wolf provides a tantalising view of a new approach to digital identity for business reports (amongst countless other things).

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Unlocking IFRS 17: FRC review reveals insights

November 25, 2023

The UK’s Financial Reporting Council (FRC) recently shared its insights into companies’ initial application of IFRS 17, which marked a shift in insurance contract accounting. The thematic review assesses interim financial statements from ten companies, offering a nuanced view of their IFRS 17 disclosures.

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Investor concerns rise: 94% wary of unsupported sustainability claims

November 25, 2023

Perhaps unsurprisingly considering stories surrounding greenwashing, a recent survey by PwC reveals rising investor apprehension around corporate sustainability reporting. A shocking 94% of respondents expressed concerns about unsupported claims, up from 87% in the previous survey, highlighting the growing challenge of greenwashing.

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Dutch AFM proposes changes to SFDR for clearer sustainability disclosures

November 25, 2023

In a bid to enhance the clarity of information reported under the Sustainable Finance Disclosure Regulation (SFDR), the Dutch Authority for the Financial Markets (AFM) has proposed some changes.

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Data-quality corner: spotlighting SEC comment letters

November 25, 2023

As our regular readers will know, we’ve been exploring some of the filing issues that crop up in comment letters to individual companies from the US Securities and Exchange Commission (SEC).

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Ukraine Leaps into FXO – country seeks to boost investment appeal through Inline XBRL disclosures

November 19, 2023

Over the past few weeks, some 4000 Ukrainian financial reports have been added into the XBRL International filings.xbrl.org repository.

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FRC publishes draft UKSEF conformance suite

November 19, 2023

The UK’s Financial Reporting Council (FRC) has published the draft version of the UK Single Electronic Format (UKSEF) Conformance Suite as part of the 2024 Taxonomy annual cycle. Open for public consultation until 31 December 2023, the suite is key to understanding and ensuring compliance with UKSEF filing requirements.

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FRC unveils 2024 taxonomy suite

November 19, 2023

The UK’s Financial Reporting Council (FRC) has launched its 2024 suite of FRC Taxonomies, encompassing UK IFRS, FRS 101, FRS 102, UKSEF, and Charities. The suite incorporates a number of updates.

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EFRAG and CDP join forces to propel European sustainability reporting standards

November 19, 2023

The European Financial Reporting Advisory Group (EFRAG) and Carbon Disclosure Project (CDP) recently announced that they will be collaborating to boost the adoption of European Sustainability Reporting Standards (ESRS), which were passed by the European Commission this July.

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