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Why standardisation is crucial for the LEI’s quality identity data

May 12, 2023

With data from all across the globe, it’s crucial the Global Legal Entity Identifier Foundation (GLEIF) work with data standards to ensure that the Legal Entity Identifier (LEI) is reliable worldwide.

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EFRAG welcome IASB’s amendments to IFRS9 and IFRS7

May 12, 2023

Last week the European Financial Reporting Advisory Group (EFRAG) released a draft comment letter in response to the International Accounting Standards Board’s (IASB) exposure draft 2023/2 Amendments to the Classification and Measurement of Financial Instruments.

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Why closing the data divide is important for everyone

May 12, 2023

Regular readers of this newsletter will be familiar with our frequent call for more, better quality, comparable data – but sometimes it is worth taking a step back to consider why.

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Australian government establishes net zero authority

May 12, 2023

The Australian government is set to establish a new authority aimed at ensuring that workers, industries and communities can take advantage of the opportunities presented by Australia’s net zero transition.

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SEC cracking down on ESG reporting misconduct with Climate and ESG Task Force

May 12, 2023

The US Securities and Exchange Commission (SEC) has recently pursued several high-profile enforcement actions, accusing companies of fraudulently misleading investors about ESG-related issues.

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Digital Signatures in XBRL

May 5, 2023

The XBRL Standards Board has this week approved for release, as a consultation draft, the first deliverable of the Digital Signatures in XBRL Working Group (or… umm… D6WG). The requirements document has now been published. What’s this about? Is it important? Glad you asked. And Yes.

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Global public sector sustainability reporting standards? 

May 5, 2023

While sustainability reporting has entered the mainstream in business reporting, public sector reporting lags behind. The International Public Sector Accounting Standards Board (IPSASB) is aiming to change that, exploring the need for an international public sector reporting framework to help governments measure and report how they are addressing the global climate crisis.

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EBA and EIOPA publish draft version of revised taxonomy architecture

May 5, 2023

The European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA) are working together with Eurofiling to create a revised version of their taxonomy architecture to get ready for the upcoming Data Point Model Refit.

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IAASB brings consultation on sustainability assurance standard forward

May 5, 2023

The International Auditing and Assurance Standards Board (IAASB) has confirmed that it will bring forward the consultation on its proposed new sustainability assurance standard, the International Standard on Sustainability Assurance™ (ISSA) 5000.

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Report Package Candidate Recommendation Released

May 5, 2023

The XBRL Standards Board this week approved a new draft specification on XBRL Report Packages for your feedback.

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