Interesting post from Rob Riche of Friends Studio this week. The convergence of AI and structured data is creating entirely new opportunities for financial reporting, and in the UK and Europe, ESEF is positioned at the heart of this transformation.
Europe risks losing ground. Digital reporting isn’t “extra paperwork” — it’s the digital key to corporate transparency, enabling information to be discovered, compared, and trusted at scale. Inline XBRL (iXBRL) can be read directly by people, yet also reliably processed by machines. It’s the modern starting point for trusted corporate data. Many jurisdictions have already […]
ESMA has finalised amendments to the European Single Electronic Format (ESEF) incorporating the 2025 IFRS taxonomy, creating a crucial two-track system for companies based on their IFRS 18 adoption timeline.
The European Securities and Markets Authority (ESMA) this week closed its consultation on critical updates set to expand the EU’s digital reporting regime.
On 1 April, the Parliament of the European Union (EU) voted to fast-track the ‘stop the clock’ proposal, a key move to postpone the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD) for certain companies.
The European Securities and Markets Authority (ESMA) is reminding stakeholders to submit their views by 31 March 2025 on proposed updates to digital reporting rules.
The UK Financial Reporting Council (FRC) has introduced Provision 29 in its revised UK Corporate Governance Code, requiring listed companies to make an explicit declaration on the effectiveness of their risk management and internal control frameworks in their 2026 annual reports.
Last week, we reported on the European Securities Markets Authority (ESMA)’s release of the 2024 taxonomy and conformance suite. We need to clarify the timeline for its entry into force and application. While the 2024 taxonomy is now available on the ESMA website, EU filers will need to hold off using it for a couple more weeks.
On 13 December, the European Securities and Markets Authority (ESMA) published a consultation outlining its proposals to extend the European Single Electronic Format (ESEF) to sustainability reporting.
Yesterday the European Securities Markets Authority (ESMA) published the 2024 edition of its ESEF reporting manual. The changes are relatively minor (not unexpected this year) but include guidance on anchoring and on dealing with empty or “dash” facts.
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