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FSB sharpens focus on climate risk, data quality, and cross-border coordination

July 18, 2025

At the recent G20 meeting in Durban, new Financial Stability Board (FSB) Chair Andrew Bailey laid out his strategic vision, backed by a fresh update to the Roadmap for Addressing Climate-related Financial Risks.

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UK commits to full digital reporting

July 13, 2025

The UK is set to close a major digital gap in financial reporting. From 1 April 2027, all private and public company accounts must be filed via commercial software, under new measures introduced by the Economic Crime and Corporate Transparency Act.

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SEC updates rich XBRL data sets for analysts and innovators

July 13, 2025

The US Securities and Exchange Commission (SEC) has released its latest update to the Financial Statement and Notes Data Sets, covering filings through June 2025.

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EU eases (that other) taxonomy burden to boost competitiveness

July 13, 2025

Earlier this month the European Commission adopted a package of simplifications to the EU ESG Taxonomy framework, designed to cut red tape and reduce administrative burden on companies.

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ISSB opens consultation on SASB standards update

July 13, 2025

The International Sustainability Standards Board (ISSB) launched a major consultation on 3 July, proposing updates to the SASB Standards to align industries, and changes to implementation guidance for IFRS S2 Climate-related Disclosures.

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Steps to a new reality: navigating challenges in AI-enhanced XBRL analysis

July 13, 2025

In the latest guest post on the XBRL International blog, Björn Fastabend, head of XBRL collection at Germany’s Federal Financial Supervisory Authority (BaFin), once again brings a regulator’s perspective on the practical challenges of integrating AI into digital supervision.

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ISSB champions global baseline at Beijing sustainability summit

July 13, 2025

Emmanuel Faber, Chair of the International Sustainability Standards Board (ISSB), delivered a powerful speech at the Beijing International Sustainability Conference on 4 July, celebrating the global momentum behind the ISSB Standards and calling for shared responsibility in safeguarding a common sustainability reporting language.

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With AI, structured data wins the day

July 13, 2025

A new academic study led by Professor Ariel Markelevich of Suffolk University, published 3 July, puts artificial intelligence (AI) under the microscope by testing how well it reads financial statements.

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XBRL Standards Board advances xBRL-CSV with table constraints release

July 7, 2025

Table Constraints is an extension to the xBRL-CSV specification that allows a number of basic validation checks to be performed very efficiently, by leveraging the tabular nature of the data.

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Ukraine steps up with full-scale XBRL rollout

July 7, 2025

The National Securities and Stock Market Commission of Ukraine (NSSMC) recently announced the nationwide expansion of XBRL-based electronic financial reporting.

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