After over four years of preparations, multiple draft proposals and a mammoth effort translating the IFRS standards into all official EU languages, the European Single Electronic Format (ESEF) became law this week on May 29. The mandate is due to take effect for all IFRS based annual reports issued by public companies and PIEs for […]
Together with a press release marking the publication of the ESEF Regulatory Technical Standards in the Official Journal of the European Union, the European Commission published an ESEF Q&A, that provides answers to frequently asked questions. Significantly, it includes the following question and answer: 7) What kind of assurance will be provided for financial statements […]
Fujitsu, a Direct Member and Sustaining Partner of XBRL International, ran its 4th Annual European Interstage XWand Users’ Meeting on 12 April in Malaga, Spain. The meeting was attended by representatives of European National Competent Authorities (NCAs), Officially Appointed Mechanism (OAMs), filers/issuers, software vendors, and software integrators from over 20 countries.
Europe’s Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – have advised against introducing a “one size fits all”, Europe-wide cybersecurity policy. In the short term, the ESAs say that while there are clear benefits to having a coherent cyber resilience framework across Europe’s financial sectors, this approach is difficult in the short term as […]
The European Insurance and Occupational Pensions Authority (EIOPA) are consulting on proposed amendments to the implementing technical standards (ITS) for Solvency II disclosures and reporting. The proposed amendments affect the supervisory reporting templates and procedures for insurance and reinsurance, addressing the amendment to regulation regarding the calculation of regulatory capital requirements for securitizations as well […]
Registration is now open for the 2019 Eurofiling Conference, held June 17-19 at the ECB in Frankfurt. The conference’s content is taking shape, with ESMA offering tutorials on an introductory day, followed by a day focusing on the present and a day focusing on the future. The first day will include keynote speeches from ECB, […]
Registration is now open to XBRL Europe members and participants for the 23rd XBRL Europe Day which will be held in Paris, 28-29 May 2019. Registration is free and participants must sign up before May 20. The Europe Day will include a number of XBRL Europe working groups and task force sessions, such as BPTF ESEF, […]
23rd XBRL Europe Day. Registration is now open to XBRL Europe members and participants for the 23rd XBRL Europe Day which will be held in Paris, 28-29 May 2019. Registration is free and participants must sign up before May 20. The Europe Day will include a number of XBRL Europe working groups and task force sessions, such […]
In February the European Council adopted conclusions from the Coordinated Plan on Artificial Intelligence. The plan underlines the crucial importance of fostering the development and use of artificial intelligence by increasing investment, strengthening research and encouraging collaboration between industry and academia. The conclusions include a recognition of the need for more secure and high quality […]
This week the European Securities and Markets Authority (ESMA) published the taxonomy for facilitating the implementation of the Regulatory Technical Standard (RTS) for ESEF.
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