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ESMA takes stock of corporate reporting enforcement across the EEA.

ESMA takes stock of corporate reporting enforcement across the EEA

May 18, 2026

Last week the European Securities and Markets Authority (ESMA) published its annual report on corporate reporting enforcement, providing a snapshot account of how national enforcers and ESMA supervised reporting across the European Economic Area (EEA) last year.

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Digital-first reporting is key to AI-readability. 

Digital-first reporting is key to AI-readability

May 18, 2026

In a recent webinar hosted by Friend Studio, XBRL International CEO John Turner joined reporting practitioners James Rennie, Group Finance Director of Oakley Capital, and Rory Nussbaumer, Global Sustainability Reporting and Strategy Manager at Corteva, to discuss why digital-first reporting is becoming essential in the AI era.

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AI needs better data, not bigger promises. 

AI needs better data, not bigger promises

May 18, 2026

As regulators around the world wrestle with how artificial intelligence can strengthen oversight of corporate reporting, XBRL US has delivered a clear statement to the Public Company Accounting Oversight Board (PCAOB): the future of audit supervision may depend less on flashy AI models and more on the quality of the data fed into them.

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puzzle

ESMA pushes for ‘report once’ across EU funds and transactions reporting

May 18, 2026

ESMA published two complementary reports on 4 May, setting out a detailed vision for a significantly simplified European regulatory reporting landscape: one addressing investment funds, the other transaction reporting across financial markets.

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IASB proposes narrow amendment to IFRS for SMEs standard.

IASB proposes narrow amendment to IFRS for SMEs standard.

May 18, 2026

The International Accounting Standards Board (IASB) recently published an Exposure Draft proposing a small, practical change to the IFRS for SMEs Accounting Standard.

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earth links

ISSB passporting and growing global adoption

May 18, 2026

Speaking at the 2026 Beijing International Sustainability Conference on 11 May, International Sustainability Standards Board (ISSB) chair Emmanuel Faber outlined new initiatives and reviewed the ongoing development in global sustainability reporting.

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SEC proposes option for semi-annual reporting

May 11, 2026

Earlier this week the US Securities and Exchange Commission (SEC) proposed amendments that would allow Exchange Act reporting companies to elect, on an annual basis, to file semi-annual reports on a new Form 10-S in place of the three quarterly Forms 10-Q currently required.

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Hong Kong advances iXBRL for profits tax e-filing

May 11, 2026

Hong Kong’s Inland Revenue Department (IRD) has taken an important step in the digital transformation of tax administration, with the first phase of mandatory electronic filing of Profits Tax returns now in effect for larger companies.

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XBRL US makes the case for Structured Reporting across three regulatory fronts

May 11, 2026

XBRL US has submitted comment letters to three separate US regulators in recent months: the Office of the Comptroller of the Currency (OCC) on stablecoin oversight, the California Air Resources Board (CARB) on greenhouse gas emissions reporting, and the Securities and Exchange Commission (SEC) on Regulation S-K reform.

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European Commission opens consultation on revised ESRS and voluntary SME standard

May 11, 2026

The European Commission this week launched a one-month “Have Your Say” public consultation on draft final versions of the revised European Sustainability Reporting Standards (ESRS) and the rules underpinning the VSME – the new voluntary reporting standard

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