The US Securities and Exchange Commission (SEC) has announced that filers can begin transitioning to EDGAR Next, the upgraded version of its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system, starting 24 March.
The European Supervisory Authorities (ESAs) have agreed with the amendments made by the European Commission to the Digital Operational Resilience Act (DORA) regulatory technical standards (RTS). This means no further modifications will be made, providing regulatory certainty for financial institutions as they prepare for DORA’s implementation.
The European Commission’s Omnibus simplification proposal, aimed at scaling back and delaying sustainability reporting under the Corporate Sustainability Reporting Directive (CSRD), generated a heated debate on Monday night. The deep divisions revealed make it clear that consensus will be difficult to achieve.
Last week the Sustainability Standards Board of Japan (SSBJ) rolled out its first-ever sustainability disclosure standards. They closely mirror the International Sustainability Standards Board (ISSB) frameworks—IFRS S1 and S2—while adding a few jurisdiction-specific tweaks.
At its latest meeting in London, the IFRS Foundation Monitoring Board reinforced its commitment to strong governance and oversight of global accounting and sustainability disclosure standards. Discussions focused on the work of the IFRS Foundation Trustees in overseeing both the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB).
The International Accounting Standards Board (IASB) has published a significant update to the IFRS for SMEs Accounting Standard, used widely across 85 global jurisdictions.
The IFRS Foundation’s ITCG, or IFRS Taxonomy Consultative Group met this week and at the top of the agenda was a run down on ESMA’s consultation on the digitisation of sustainability and further financial disclosures.
In an effort to streamline financial reporting, some regulators that need to facilitate the reporting needs of both securities regulators and business registrars have turned to an XBRL technique called “Multi-Target Documents”—but is this a long-term solution or just a stopgap?
AI is everywhere, and it’s getting smarter. But can we trust it? That’s the million—perhaps billion—pound question, and the AI assurance industry is racing to keep up.
The US Securities and Exchange Commission (SEC) is considering changes to disclosure requirements for small businesses, with an eye toward reducing compliance burdens.
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
