Qatar is set to shortly join the many markets around the world that mandate the XBRL standard and benefit from increased data transparency, accuracy and utility.
Oman is gearing up to join the many markets around the world who have embraced digital, machine-readable disclosures.
The Securities and Exchange Board of India (SEBI) is conducting a consultation into widening their environmental, social, and governance (ESG) disclosures with a new mandatory report.
Regulators today collect a wealth of information on companies to help keep capital markets safe, however, not all that data is relevant for the average investor. This summer the US Securities and Exchange Commission (SEC) has proposed an overhaul of disclosures aimed at shareholders, designed to make them more accessible and useful for retail investors.
Early in August the European Banking Authority (EBA) published its final draft technical standards on disclosure and reporting on MREL and TLAC.
The European Securities and Markets Authority (ESMA) has emphasised the need for standardised Environmental, Social and Governance (ESG) disclosures in its response to the European Commission’s (EC’s) consultation on the renewed sustainable finance strategy.
The European Banking Authority recently published its final draft Implementing Technical Standards (ITS) on Pillar 3 disclosures and supervisory reporting.
This week the Jordan Securities Commission (JSC) published draft details of their XBRL disclosure project, calling for feedback and comment from relevant stakeholders. The Foundations Project obliges entities and agencies subject to the JSC’s control to solely disclose information in XBRL format via a new online system. Designed to keep pace with international regulatory standards […]
Adrian Orr, Governor of the Reserve Bank of New Zealand, underlined why the Bank believes mandatory disclosure of climate risk is essential for preserving financial stability at a recent virtual roundtable. Financial stability requires all relevant risks to be adequately identified and priced. Climate change presents a direct and material risk to financial stability – […]
A recent article in the Financial Times neatly pinpoints an underlying problem with sustainability reporting: the proliferation of frameworks that threaten to overwhelm investors and reporters. Companies are increasingly responding to investor demand for more environmental, social and governance (ESG) information, however, with so many competing frameworks – such as the GRI, SASB, TCFD and […]