Supporting ESG reporting with data standards
The XBRL US ESG Working Group has published its final paper, on ‘Supporting ESG Data with Standards.’
The XBRL US ESG Working Group has published its final paper, on ‘Supporting ESG Data with Standards.’
“While the market continues to demand transparency, more than half of senior executives (57% of survey respondents) indicated that data availability (access) and data quality (accuracy/completeness) remain their greatest challenges with respect to environmental, social, and governance (ESG) data for disclosure,” says Deloitte.
The Australian Prudential Regulation Authority (APRA) has released a discussion paper for consultation, setting out a five-year roadmap for transforming its approach to collecting financial industry data.
The Bank for International Settlements (BIS) Innovation Hub Singapore Centre and the Monetary Authority of Singapore (MAS) have completed the development of their ambitious prototype platform integrating regulatory data and analytics.
We note with interest recent reports that listed companies in China are being asked to improve the effectiveness of their internal controls in financial reporting, and the quality of the information they produce.
“The objective of the new ESAP legislative project is to create a common source of public and freely available financial and sustainability-related information of EU companies and investment products, regardless of where in the EU they are located or originated while enabling a better use and reuse of this information,” says European Securities and Markets Authority […]
The Financial Stability Board (FSB) recently published a report on fintech and market structure in the Covid-19 pandemic.
We see the ongoing development of the European Single Access Point (ESAP) as excellent news. It will make it easy to access digital financial and sustainability data disclosures – and potentially other kinds of data too – from across the EU, via a single portal.
The Securities and Exchange Board of India (SEBI) has published a notable circular making clear its approach to securities market data access and terms of use, following a review by its Market Data Advisory Committee.
The European Commission has proposed a new Data Act addressing who can use and access data generated in the EU across all economic sectors.