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CountryCurrencyTaxonomyXII NewsXSB

Country and Currency code taxonomies confirmed as Proposed Recommendations

By Editor on February 26, 2024

We are pleased to announce that the XBRL International Standards Board (XSB) has elevated the new Country Code and Currency Code taxonomies to Proposed Recommendation status. These taxonomies furnish lists of ISO codes for countries and currencies, simplifying the incorporation of standard codes in XBRL reports, as mandated in various regulatory filings.

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FDTAMunicipalSECUS

Unveiling municipal finance’s next chapter

By Editor on February 23, 2024

Mark Funkhouser, former Mayor of Kansas City, Missouri, and a prominent figure in municipal finance, recently released a white paper titled “FDTA Playbook: Owning your fiscal future.” Sponsored by XBRL US member, DebtBook, this publication comes at an important juncture for government entities grappling with the implications of the Financial Data Transparency Act (FDTA).

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ChinaESGStock Exchange

China’s stock exchanges mandate ESG Reporting: what you need to know

By Editor on February 23, 2024

China’s major stock markets, including the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and the smaller SME-oriented Beijing Stock Exchange (BJSE), have recently unveiled new sustainability reporting guidelines for listed companies.

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ESGIFRSIFRS S1Industry

Unlocking Investor Insights: IFRS Emphasises Industry-Specific Disclosures

By Editor on February 23, 2024

A recent webcast by the IFRS Foundation sheds light on the significance of industry-specific disclosures to investors, emphasising their role in providing decision-useful insights.

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DPMEBAEUValidationxBRL-CSV

Inside insights from the EBA on DPM 2.0

By Editor on February 17, 2024

The data collection systems and processes at the European Banking Authority (EBA) and European Insurance and Occupational Pensions Authority (EIOPA) are currently undergoing a major overhaul to enhance their efficiency and effectiveness.

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EFRAGESRSEU

EU Lawmakers formalise delay of ESRS implementation

By Editor on February 17, 2024

European Parliament and Council lawmakers have officially agreed on a directive to delay the implementation of sector-specific sustainability disclosure standards and reporting requirements for companies outside the EU under the Corporate Sustainability Reporting Directive (CSRD).

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BankingUK

Bank of England Updates on XBRL Migration

By Editor on February 17, 2024

In a recent Statistical Notice (2024/04) the Bank of England provided important updates regarding Form IPA UAT Testing and XBRL Migration.

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EFRAGESGESRSGuidance

EFRAG releases first set of ESRS technical explanations

By Editor on February 17, 2024

Last week EFRAG (European Financial Reporting Advisory Group) announced the release of its first set of technical explanations, aimed at assisting stakeholders in implementing the European Sustainability Reporting Standards (ESRS).

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DigitaliXBRLReporting

Advancing financial reporting with iXBRL: A game-changer for companies

By Editor on February 17, 2024

In a recent article by Martin DeVille, the evolution of digital financial reporting through the adoption of iXBRL takes center stage. The piece sheds light on how major European companies, numbering around 50,000, are embracing iXBRL as the standard format for their financial reporting needs.

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Filing rulesSECUS

SEC Publishes the Regulatory Flexibility Agenda (RFA)

By Editor on February 17, 2024

The Securities and Exchange Commission (SEC) recently published the Regulatory Flexibility Agenda (RFA) in the Federal Register.

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