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Items tagged with "Taxonomy"

ESMA updates ESEF rules to reflect 2021 IFRS Taxonomy

The European Securities and Markets Authority (ESMA) has published updated draft Regulatory Technical Standards (RTS) for the European Single Electronic Format (ESEF), reflecting this year’s IFRS Taxonomy.

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EBA corrects reporting taxonomy package

The European Banking Authority (EBA) has published an erratum for the technical package on its reporting framework 3.0.1.

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Bank of England invites input as XBRL adoption advances

The Bank of England is seeking a second round of feedback on its new statistics taxonomy, with the publication on 24 May of version 1.2.0 Public Working Draft 2 (PWD2). The updated taxonomy will support the Bank’s transition from XML to XBRL for its collection of statistical data.

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EBA releases v3.1 of its reporting framework, with taxonomy updates

The European Banking Authority (EBA) has published phase 1 of the new version 3.1 of its reporting framework, which is expected to apply from September 2021. It reflects new reporting requirements for investment firms, as well as changes to resolution planning reporting and supervisory benchmarking.

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EBA corrects reporting taxonomies for backward compatibility

The European Banking Authority (EBA) has published an erratum for the technical package on its reporting framework 3.0 phase 2.

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IASB proposes changes to IFRS Taxonomy 2021

In order to reflect new International Financial Reporting Standards (IFRS) disclosure requirements, the International Accounting Standards Board (Board) has published a proposed update to the IFRS Taxonomy 2021.

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EBA corrects reporting taxonomies

The European Banking Authority (EBA) has published an erratum for the technical package on its reporting framework 3.0 phase 2.

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FASB fact sheet brings XBRL into focus

The US Financial Accounting Standards Board (FASB) has produced a new fact sheet in its ‘FASB in Focus’ series, titled ‘XBRL: What is it? Why the FASB? Who uses it?.’ It’s a great introduction to XBRL and digital reporting, particularly from the US perspective.

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FERC taxonomy update and extended deadlines

The US Federal Energy Regulatory Commission (FERC) is continuing its trailblazing transition to XBRL-based reporting for energy utilities. It has announced that on 15 April 2021 the XBRL taxonomies, validation rules, and rendering files needed for the rollout will be updated to Release 1.5, and will be available in its Yeti viewer.

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News Item

SEC updates EDGAR to support 2021 taxonomies

Following its adoption of this year’s updated taxonomies from the US Financial Accounting Standards Board (FASB), the Securities and Exchange Commission (SEC) has updated EDGAR, its Electronic Data Gathering, Analysis, and Retrieval system.

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