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Powering up: FERC’s overhaul of the uniform system of accounts

October 16, 2023

The US Federal Energy Regulatory Commission (FERC) has approved an update to the Uniform System of Accounts to better reflect the energy industry’s changing landscape.

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Empowering digital clarity: ITCG

October 16, 2023

A refreshed and reconstituted IFRS Taxonomy Consultative Group (ITCG) met yesterday and will continue to deliberate tomorrow at the IFRS offices in London.

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Project Mandala: smoothing cross-border finance with regulatory alignment 

October 16, 2023

A new project in the Asia Pacific arena will explore the potential for common regulatory protocols to ease cross-border financial processes such as investment, borrowing, and payments.

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ESMA looks to expand Inline XBRL mandates?

October 6, 2023

The European Securities and Markets Authority (ESMA) has just unveiled its second consultation regarding the regulation of markets in crypto-assets (MiCA). Since MiCA came into force this June, ESMA has been empowered to establish technical standards and guidelines for specific MiCA provisions.

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ESMA’s 2024 plan: navigating digital change and sustainable finance

October 6, 2023

The European Securities and Markets Authority (ESMA), has unveiled its ambitious work plan for 2024, with a clear focus on sustainable finance and digital transformation as top priorities.

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SFDR Overhaul: Balancing Sustainability and Uncertainty

October 6, 2023

The European Union’s Sustainable Finance Disclosure Regulation (SFDR) is set for a comprehensive review, reflecting the evolving global landscape of sustainable investment.

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GLEIF and Open Ownership Collaborate to Boost Corporate Ownership Transparency.

October 6, 2023

The Global Legal Entity Identifier Foundation GLEIF and Open Ownership have joined forces to introduce Legal Entity Identifiers (LEIs) into datasets that are in line with with the Beneficial Ownership Data Standard.The primary goal is enhancing transparency in corporate ownership and control in support of secure, faster payments.

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Unlocking synergy: EFRAG symposium explores connectivity between financial and sustainability reporting

October 6, 2023

The EFRAG Symposium at the 2023 EAA Annual Congress was a deep dive into the pressing issue of connecting financial and sustainability reporting. With a roster of insightful speakers, the aim was to discover not just how these two realms could coexist but how they could collaborate to amplify reporting outcomes.

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Proposed improvements to 2024 GAAP taxonomy: comments open

October 6, 2023

The Financial Accounting Standards Board (FASB) has released proposed technical and conforming improvements for the 2024 GAAP Taxonomy.

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PRA’s evaluation confirms success of written auditor reporting policy

October 6, 2023

The UK’s Prudential Regulation Authority (PRA) has assessed the effectiveness of its Written Auditor Reporting policy. This policy, designed to enhance dialogue and report quality between auditors and supervisors, has proven highly successful.

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