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FCA to take complexity into account with block tagging requirements

December 16, 2022

The UK’s Financial Conduct Authority (FCA) has issued updated guidance for filers preparing to navigate new block tagging requirements while reporting under the European Single Electronic Format (ESEF) mandate.

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Data Amplified Virtual 2022: What does CSRD mean for filers? 

December 16, 2022

With the Corporate Sustainability Reporting Directive (CSRD) recently passing into EU law, at Data Amplified Henrik Sandin, Director and principal ESG Specialist at Workiva, shared his insights into what this is going to mean for filers in upcoming years.

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Monitoring Group makes progress on audit standard reform

December 16, 2022

The Monitoring Group (MG) – the international committee of regulators that oversights audit standards and ethical standards for the accounting and audit profession, has published a short report into the progress it has made so far implementing its recommended measures to strengthen the international audit system.

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EFRAG at 21: changing priorities and decades of collaboration

December 16, 2022

Last week saw the 2022 European Financial Reporting Advisory Group (EFRAG) Conference, marking 21 years of EFRAG’s work. Two speeches reflecting on EFRAG’s past and future were particularly worth a look.

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APRA publishes disclosure standard

December 16, 2022

The Australian Prudential Regulation Authority (APRA) has released its final Prudential Standard APS 330 Public Disclosure for locally incorporated authorised deposit-taking institutions (ADIs). The new standard follows a public consultation, and will be effective from 1 January 2023.

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EBA publishes revised validation rules

December 16, 2022

The European Banking Authority (EBA) has published a revised list of validation rules for its reporting standards, highlighting those which have been deactivated for incorrectness or for triggering IT problems.

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Digital Sustainability Disclosures

December 9, 2022

Digital Sustainability Disclosures are on their way right around the world. That was the overriding message at our Data Amplified Virtual event on Wednesday.

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News Item

Municipal XBRL could shake up bond market

December 9, 2022

With the Financial Data Transparency Act (FDTA), currently pending before the US Senate, Barnet Sherman in Forbes this week argued that introducing digital, machine-readable financial reporting for municipality level financial data is key to transforming the municipal bond market.

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New note outlines use of HTML in XBRL reports

December 9, 2022

The European Single Electronic Format (ESEF) project, which requires EU listed companies to publish annual reports in Inline XBRL, has seen highly designed, “glossy” reports being prepared in the structured data format for the first time.

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OSCA switched off as Bank of England transitions to BEEDS

December 9, 2022

Over the past two years the Bank of England has been transforming the way it gathers regulatory and statistical reporting data, transitioning statistical data collection to XBRL. On 1 December this transition was completed with the final sunsetting of the prior Online Statistical Collection Application (OSCA) system.

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