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EFRAG publishes final comment letters on ISSB agenda priorities and SASB methodology

September 15, 2023

EFRAG (European Financial Reporting Advisory Group) has released its final comment letters addressing two significant ISSB (International Sustainability Standards Board) consultations: Agenda Priorities and the Internationalisation of SASB (Sustainability Accounting Standards Board) Standards.

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Modernising investor protection for the AI era

September 15, 2023

US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda recently addressed the 2023 NASAA Fall Annual Meeting, emphasising the role of innovation and technology in modernising investor protection.

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UK FCA seeks feedback on the National Storage Mechanism

September 15, 2023

The UK’s Financial Conduct Authority is looking for input on ways to improve the NSM, or National Storage Mechanism.

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Unlocking clarity: SEC’s sample letter to enhance XBRL disclosures

September 15, 2023

In an ongoing effort to enhance the quality and utility of corporate financial data filed with the SEC, the Division of Corporation Finance has issued a sample letter addressing companies’ XBRL and Inline XBRL disclosures. This letter aims to provide constructive feedback and guidance to improve the clarity and accuracy of financial reporting.

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Revamping MD&A Reporting: FASAB Proposes Streamlined Standards for Federal Financial Reports

September 15, 2023

The Federal Accounting Standards Advisory Board (FASAB ) has proposed new standards for Management’s Discussion and Analysis (MD&A) in federal financial reports.

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EBA Pillar 3 initiative accelerates: banks gear up for ESG and green reporting

September 15, 2023

The European Banking Authority (EBA) has set its Environmental, Social, and Governance (ESG) Pillar 3 disclosure rules in motion. A recent article from Wolters Kluwer takes a deep dive into the latest requirements.

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Looking to the future of sustainability reporting: alignment, comparability and digital thinking

September 8, 2023

Sue Lloyd, Vice-Chair of the ISSB, recently gave an overview of developments in sustainability reporting. Looking to the future, she acknowledged the importance of digital reporting in interoperability.

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Report Packages specification progresses with Proposed Recommendation

September 8, 2023

The XBRL Standards Board has approved a further Proposed Recommendation for the XBRL Report Packages 1.0 specification, incorporating improvements fed back by the XBRL community.

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EFRAG and GRI confirm alignment and plan for digital harmony

September 8, 2023

The European Financial Reporting Advisory Group (EFRAG) and the Global Reporting Initiative (GRI) have issued a statement confirming a high level of interoperability between their respective sustainability reporting standards.

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FASB invites comment on updated taxonomies

September 8, 2023

The US Financial Accounting Standards Board (FASB) has published its proposed 2024 DQC Rules Taxonomy (DQCRT), with accompanying release notes.

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