Login

Items tagged with "EU"

Time to rip off the band-aid? The EU must go digital

Brussels is deep in a complex “omnibus” policy discussion around the shape, scope and size of sustainability reporting requirements. Regardless of the outcome, here at XBRL International, it is our view that for EU markets to remain relevant and competitive, the EU needs to fully embrace digital reporting.

Read more


EIOPA opens consultation on refining Solvency II reporting thresholds

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a public consultation on its revised Guidelines for determining market shares for insurers eligible for limited reporting requirements under Solvency II.

Read more


Money Talks

There are a lot of statements both against and for the EU’s “omnibus” legislation.  On Tuesday, a group of 163 investment firms managing approximately €6.6 trillion in assets, together with a number of umbrella investor organisations, issued a joint statement urging the European Commission to uphold the integrity of the EU’s sustainable finance framework amid […]

Read more


The EU Omnibus: changes on the horizon

Big changes are on the horizon for corporate sustainability reporting in Europe with the Omnibus Simplification Package, set to be unveiled on 26 February. To be informed by the EU’s broader Competitiveness Compass, the omnibus aims to streamline regulatory requirements, particularly for small and medium-sized enterprises (SMEs).

Read more


EU gets focussed on growth?

This week the EU made a series of announcements on its priorities, including a new European Competitiveness Compass. The document is intended to guide policy making priorities for the next 5 years. Amongst other things, it signals a shift towards enhanced digital reporting as a means to improve corporate transparency, investment efficiency, and economic resilience.

Read more


ECB tightens focus on data quality in 2025 stress tests

The European Central Bank (ECB) has launched its 2025 stress testing exercise, with a sharper focus on addressing data quality issues and overly optimistic projections from banks. Stress tests are critical for assessing resilience under adverse economic conditions, but past submissions have underestimated risks, prompting the ECB to tighten its approach.

Read more


EU dashboard

EU finalises public CbCR with structured data taking centre stage

After years of debate and development, the European Commission has taken the next major step in public country-by-country reporting (CbCR).

Read more


News Item

ESAs release final standards for ESAP, Europe’s central data hub

The European Supervisory Authorities (ESAs), comprising the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA), have published their Final Report on new implementing technical standards (ITS) for the European Single Access Point (ESAP).

Read more


EBA publishes draft package for the new 4.0 reporting framework

The European Banking Authority (EBA) has rolled out a draft technical package for its upcoming 4.0 reporting framework, giving institutions an early preview of the changes set to apply in 2025.

Read more


News Item

EU commission takes action against 17 member states over CSRD delays

The European Commission has taken formal action against 17 EU member states for failing to fully implement the Corporate Sustainability Reporting Directive (CSRD) by the July 2024 deadline. In letters sent to countries including Germany, Spain, and Poland, the Commission opened infringement procedures, signalling its desire to get this initiative implemented.

Read more



Newsletter
Newsletter

Would you like
to learn more?

Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.

  • This field is for validation purposes and should be left unchanged.

By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy