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SEC withdraws from defending climate disclosure rules

April 4, 2025

On 27 March, the United States Securities and Exchange Commission (SEC) voted to withdraw its defence of the Climate-Related Disclosures Rule, leaving the future of mandatory climate risk reporting for US issuers in limbo.

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ducth companies

Large Dutch Companies Move to Inline XBRL, Boosting AI Analytics 

March 28, 2025

Around 8,000 large Dutch enterprises will transition to digital financial reporting using Inline XBRL, following smaller and listed companies already mandated to report digitally.

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Swaminathan

Remembering S Swaminathan: a visionary in digital reporting

March 28, 2025

It is with profound sadness that we share the news of the passing of Mr S Swaminathan, CEO and Founder of IRIS Business Services, who died suddenly on Wednesday.

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IFRS

IFRS Accounting Taxonomy 2025 Published, Incorporating IFRS 18 and IFRS 19 Disclosures

March 28, 2025

The IFRS Foundation has announced the release of the IFRS Accounting Taxonomy 2025, providing an updated digital tagging framework aligned with the latest IFRS Accounting Standards.

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XBRL international

XBRL International Takes Significant Step Toward Modernised Taxonomy Specification

March 28, 2025

This week in Oxford, a dozen expert volunteers from around the world joined forces with XBRL International staff for a pivotal Working Group meeting over three days, marking a significant milestone toward modernising the XBRL Taxonomy Specification.

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Crypto

SEC opens crypto dialogue with call for clearer rules

March 28, 2025

Earlier this month Mark T. Uyeda, Acting Chairman of the US Securities and Exchange Commission (SEC), opened the inaugural roundtable of the agency’s new Crypto Task Force in Washington, D.C.

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California

California climate rules spark digital debate

March 28, 2025

On 19 March, XBRL US submitted comments to the California Air Resources Board (CARB) as part of its consultation on implementing Senate Bills 253 and 261, California’s landmark climate disclosure laws.

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News Item
xbrl uk

New UKSEF conformance suite released to support 2025 filings

March 28, 2025

The UK Financial Reporting Council (FRC) recently published version 2.0 of the UK Single Electronic Format (UKSEF) Conformance Suite.

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ESMA

ESMA consultation window closing soon for ESEF updates

March 28, 2025

The European Securities and Markets Authority (ESMA) is reminding stakeholders to submit their views by 31 March 2025 on proposed updates to digital reporting rules.

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Green Finance

New proposal aims to unlock green finance for SMEs

March 28, 2025

The Platform on Sustainable Finance, which advises the European Commission, has published a report proposing a voluntary “SME sustainable finance standard” to help small and medium-sized enterprises (SMEs) access sustainable finance and demonstrate environmental performance.

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