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Items tagged with "EU"

EBA releases revised list of validation rules

The European Banking Authority (EBA) has published its regular updated list of validation rules for its reporting standards, as encapsulated in its Technical Standards and Guidelines.

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EBA releases latest filing rules

The European Banking Authority (EBA) has published an updated version of its XBRL Filing Rules, taking it to version 5.2.

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EU reporting framework overall effective, with governance an area for focus, says EC consultation

The European Commission (EC) has published a summary of responses to its consultation on ‘Corporate reporting – improving its quality and enforcement.’

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SRB publishes first annual state-of-play for EU bank resolvability

The EU’s Single Resolution Board (SRB) has, for the first time, published an assessment of bank resolvability, including a ‘heat-map’ of progress in priority areas.

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Banks must sharpen focus on climate risk, says ECB

The European Central Bank (ECB) has reported the results of its 2022 climate risk stress test. It finds that while EU banks succeeded in reporting comprehensive and innovative information, making it a valuable exercise, most banks do not have robust climate risk stress-testing frameworks and lack relevant data.

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ESAP latest: EU drives towards transparency

Among other great speakers at the recent XBRL Europe conference, Jean-Phillippe Rabine of the European Commission provided an update on the planned European Single Access Point, or ESAP, the EU’s far-reaching and ambitious plan to provide huge amounts of reported digital information all in one place.

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Level playing field needed? Diverse approaches hamper consistent reporting and audit across Europe

Just what is a public interest entity, or PIE? In fact, the answer can vary depending on where you are: a useful new paper from Accountancy Europe summarises the significant variation in how European nations define PIEs.

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ESMA publishes findings on ESG ratings market structure

The European Securities and Markets Authority (ESMA) has written to the European Commission (EC) with the results of its Call for Evidence on the market structure of environmental, social and governance (ESG) ratings providers in the EU.

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EIOPA reacts to feedback on open insurance

The European Insurance and Occupational Pensions Authority (EIOPA) has published a feedback statement on open insurance following a discussion paper and a public consultation, summarising stakeholder responses and EIOPA’s reactions.

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EU announces agreement on CSRD

The Council of the European Union and the European Parliament have this week reached a provisional political agreement on the Corporate Sustainability Reporting Directive (CSRD), a crucial step towards passage of this law.

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