EU | XBRL

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ESMA Review of MiFID II Recommends Establishing Consolidated Tape for Equity

The European Securities and Markets Authority (ESMA) review of market data prices has found that the Markets in Financial Instruments Directive (MiFID II) has not delivered on its objective of reducing the cost of market data or of establishing a consolidated tape for equities. MiFID II requires venues and data providers to publish market data […]

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EUFinanceRegulation

EU Adopts Changes to Supervisory Framework

By Editor

As the year draws to a close the EU is going through the process of adopting the first review of the European system of financial supervision (ESFS) since it was established in 2011. The ESFS was established in 2011 in response to the 2008 financial crisis. It consists of the three European supervisory authorities (ESAs); […]

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EBAEUTaxonomy

EBA Publish XBRL Taxonomy v2.9.1

By Editor

On November 5 the European Banking Authority (EBA) published an updated version of data point model 2.9.1, the accompanying taxonomy, and an updated list of validation rules. Updates to the reporting framework will take effect at different dates dependent on regulatory requirements. Find the updates and all related files here.

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BankingEURegulationSRBTaxonomy

SRB Publish 2020 Taxonomy

By Editor

Europe’s Single Resolution Board (SRB) is taking steps to protect taxpayers from having to bail out the banks. This week they have published a taxonomy extension in order to facilitate their shift to full XBRL reporting in 2020. The SRB was formed in response to the ‘too big to fail’ problem revealed by the 2008 financial crisis. In […]

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ESMAEUReporting

EU Enforcers Prioritise New Reporting Standards

By Editor

The European Securities and Markets Authority (ESMA) has published priorities for European regulators to consider when examining the 2019 annual financial reports of listed companies. In particular, ESMA have prioritised enforcing the recent changes made to financial reporting standards. This includes exercising significant judgement in the application of Lease disclosures under IFRS 16, noting the improvement […]

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DisclosureEIOPAEUReporting

EIOPA Launches Solvency II Field Test

By Editor

This week The European Insurance and Occupational Pensions Authority (EIOPA) launched a field test on revised and proposed templates as part of the 2020 Solvency II reporting and disclosure review. The review covers both the content and structure of different templates, with this field test designed to identify main issues with the new and revised […]

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DataESEFEUReporting

Collaboration, Iteration: Keys to the Shift From Paper to Data

By Editor

At a conference organised by the European Commission (EC) and Deloitte this week, experts discussed the next steps for digital reporting for EU companies.

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conferenceEUTransparency

How Can Technology Drive Transparency Across the EU?

By Editor

Next week XBRL International CEO John Turner will talk about the future of technology and transparency at an EU Commission conference in Brussels, hosted by Deloitte. Transparency is essential for capital markets to function efficiently: investors need to know what they are investing in to make the best decisions for their capital. While the EU […]

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EUfintechRegulation

Fintech Regulation Across the EU Mismatched

By Editor

The European Banking Authority (EBA) have published a report analysing how the regulatory framework is applicable to fintech firms, illustrating the changing regulatory status of fintech firms and the different approaches of authorities across Europe. The report has noted two particular developments in the regulatory status of fintech firms. Firstly, many firms are shifting from […]

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EBAEUTechnical Standards

EBA Amends Technical Standards

By Editor

The European Banking Authority (EBA) has published final draft amendments to the Implementing Technical Standards (ITS) on supervisory reporting under the FINREP framework. The amendments aim to improve reporting requirements on non-performing exposures and forbearance. Changes to the reporting requirements on profit or loss items, including requiring operating and administrative expenses, have also been made. […]

EU

Items tagged with "EU"

ESMA Review of MiFID II Recommends Establishing Consolidated Tape for Equity

EU Adopts Changes to Supervisory Framework

EBA Publish XBRL Taxonomy v2.9.1

SRB Publish 2020 Taxonomy

EU Enforcers Prioritise New Reporting Standards

EIOPA Launches Solvency II Field Test

Collaboration, Iteration: Keys to the Shift From Paper to Data

How Can Technology Drive Transparency Across the EU?

Fintech Regulation Across the EU Mismatched

EBA Amends Technical Standards

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EU

Items tagged with "EU"

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