Europe’s insurance supervisor has published a progress report on its simplification drive, with a focus on reporting. Under the revised Solvency II framework, the European Insurance and Occupational Pensions Authority (EIOPA) has cut quarterly reporting templates for solo insurers by 26% and annual templates by 30%.
The Financial Conduct Authority (FCA) recently opened a consultation on a new fund reporting framework for UK asset managers, part of a wider package the regulator estimates will save the industry £128 million a year.
XBRL US has written to the Securities and Exchange Commission (SEC) opposing any XBRL exemption for smaller filers, responding to the Commission’s proposals to simplify filer status for reporting companies.
The European Central Bank (ECB) is carrying out a major review and simplification of its supervisory guidance for banks, aiming to make it clearer, easier to navigate and more user-friendly.
In a 10 June 2026 statement based on remarks at the US Chamber Capital Markets Summit, SEC Division of Corporation Finance Director Jim Moloney set out the thinking behind two current proposals: Registered Offering Reform and Filer Status Reform. The SEC’s seeks to strip away years of “layered on” disclosure rules, resulting in a leaner […]
The European Banking Authority (EBA) recently launched what it is calling an “unprecedented simplification package” for EU supervisory reporting. The consultation proposes cutting the total number of data points in EU harmonised reporting by around 50%.
Earlier this month, the European Insurance and Occupational Pensions Authority (EIOPA) set out its vision for simplifying regulation while maintaining effective supervision across the EU.
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