Last week the Sustainability Standards Board of Japan (SSBJ) rolled out its first-ever sustainability disclosure standards. They closely mirror the International Sustainability Standards Board (ISSB) frameworks—IFRS S1 and S2—while adding a few jurisdiction-specific tweaks.
At its latest meeting in London, the IFRS Foundation Monitoring Board reinforced its commitment to strong governance and oversight of global accounting and sustainability disclosure standards. Discussions focused on the work of the IFRS Foundation Trustees in overseeing both the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB).
The International Accounting Standards Board (IASB) has published a significant update to the IFRS for SMEs Accounting Standard, used widely across 85 global jurisdictions.
The IFRS Foundation’s ITCG, or IFRS Taxonomy Consultative Group met this week and at the top of the agenda was a run down on ESMA’s consultation on the digitisation of sustainability and further financial disclosures.
In an effort to streamline financial reporting, some regulators that need to facilitate the reporting needs of both securities regulators and business registrars have turned to an XBRL technique called “Multi-Target Documents”—but is this a long-term solution or just a stopgap?
AI is everywhere, and it’s getting smarter. But can we trust it? That’s the million—perhaps billion—pound question, and the AI assurance industry is racing to keep up.
The US Securities and Exchange Commission (SEC) is considering changes to disclosure requirements for small businesses, with an eye toward reducing compliance burdens.
The Financial Stability Board (FSB) is turning its attention to the next phase of financial reform: ensuring that policies are not just designed but effectively implemented.
The European Banking Authority (EBA) has launched a consultation on amendments to its 2026 benchmarking exercise, with significant changes to market risk reporting.
The European Commission has unveiled its Omnibus simplification proposals to scale back and delay sustainability reporting requirements under the Corporate Sustainability Reporting Directive (CSRD) and related rules.
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