EU sustainability reporting shake-up arrives — without impacting digital reporting
The European Commission has unveiled its Omnibus simplification proposals to scale back and delay sustainability reporting requirements under the Corporate Sustainability Reporting Directive (CSRD) and related rules.
The European Data Hub enters its final chapters as EBA locks in technical standards
The long-running European Pillar 3 Data Hub (P3DH) project is reaching its final stretch. The European Banking Authority (EBA) has published the final Implementing Technical Standards (ITS), defining how large EU banks must submit prudential disclosures from mid-2025.
South Korea expands English disclosure system to boost foreign investment
South Korea’s Financial Supervisory Service (FSS) has announced a major expansion of its English-language electronic disclosure system (DART) to improve accessibility for foreign investors.
Time to rip off the band-aid? The EU must go digital
Brussels is deep in a complex “omnibus” policy discussion around the shape, scope and size of sustainability reporting requirements. Regardless of the outcome, here at XBRL International, it is our view that for EU markets to remain relevant and competitive, the EU needs to fully embrace digital reporting.
The EU Omnibus: changes on the horizon
Big changes are on the horizon for corporate sustainability reporting in Europe with the Omnibus Simplification Package, set to be unveiled on 26 February. To be informed by the EU’s broader Competitiveness Compass, the omnibus aims to streamline regulatory requirements, particularly for small and medium-sized enterprises (SMEs).
