The European Securities and Markets Authority (ESMA) has published a webinar on the Legal Entity Identifier (LEI). The webinar, which is available to view on YouTube, covers LEI requirements under MiFID II and other legislation such as EMIR and SFTR. A number of EU regulations and directives already require the use of a LEI, and […]
XBRL Denmark has announced that their XBRL Nordic IV Conference will be held in Copenhagen on 28 March 2019 at the Danish Business Authority. At XBRL Nordic IV, the focus will be on the forthcoming reporting of accounting information to the European Securities Authority ESMA, ESEF reporting. For more information please visit the XBRL Denmark […]
Right at the end of 2018 the European Commission endorsed the technical standards (RTS) requiring Inline XBRL filings for IFRS annual reports for public companies from 2020.
Just in time for the end of the year, the European Commission this week endorsed technical standards requiring Inline XBRL filings for IFRS annual reports for public companies. The RTS that has been transmitted to the European Council and European Parliament includes a complete translation of the IFRS taxonomy into all 23 official languages used […]
With the 2020 switch to European Single Electronic Format (ESEF) fast approaching the European Securities and Markets Authority (ESMA) have released the first in a series of tutorial videos designed to guide relevant market participants through the new requirements.
Our colleagues at XBRL Sweden held their annual conference on October 4 – congratulations on a successful and enlightening day! If you couldn’t make it, the presentations from the conference are now available to download on their website.
On Thursday 4 October XBRL Sweden will hold its annual conference, this year focusing on the electronic submission of financial reports to ESMA, which will become mandatory for listed companies in the EU from the end of 2020.
In a speech this week, Steven Maijoor, the ESMA chair, reiterated how the democratisation of information and increased scope for AI applications presents a novel chance to build a better, more trusting future. The notion that information can, in the most profound of ways, radically transform markets is clear. Combined with the fact that many […]
“XBRL should be on everyone’s radar.” So says Ken Krupa, CTO of MarkLogic, a privately held “unicorn” big data analytics firm in a blog post this week. “Corporate reporting cannot remain primarily a paper-based* exercise in a digital age. As annual reports are a key part of any company’s understanding of its financial situation, moving […]
The Eurofiling/XBRL Europe meeting in Warsaw last week provided updates from ESMA, the European Securities Markets Authority about ESEF. What is ESEF? The European Single Electronic Format – aka – Inline XBRL. The shift towards digital reporting for public companies across Europe is underway. ESEF kicks in for Annual Financial Reports prepared under IFRS for […]