Routine digital reporting by local governments in the US just got a huge step closer. XBRL US and the University of Michigan’s Center for Local, State and Urban Policy (CLOSUP) have issued a ‘commercial-grade’ XBRL taxonomy for local-government reporting.
On 1 June 2022, the European Insurance and Occupational Pensions Authority (EIOPA) published the latest proposed updates to its XBRL taxonomies and data point models (DPMs), used to connect digital definitions with reporting requirements.
The European Banking Authority (EBA) has published phase 2 of version 3.2 of its reporting framework, with an updated technical package including XBRL taxonomies, validation rules, and the Data Point Model (DPM).
The US Securities and Exchange Commission (SEC) has announced that on 21 June 2022 it will upgrade its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system to Release 22.2.
The Bank of England (BoE) has published version 1.2.3 of its XBRL statistics taxonomy. This latest release includes a number of additions and amendments to validation rules, intended to improved reporting quality.
The IFRS Foundation staff has this week issued a request for feedback to help shape the development of the IFRS Sustainability Disclosure Taxonomy – the XBRL taxonomy that will permit digital sustainability reporting under the standards being developed by the ISSB.
The US Financial Accounting Standards Board (FASB) has published another in its series of Taxonomy Implementation Guides relating to the 2022 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy (collectively the ‘GAAP Taxonomy’).
We hear that public company filers to the UK Financial Conduct Authority (FCA) will continue to be able to use both European Single Electronic Format (ESEF) and UK Single Electronic Format (UKSEF) taxonomies.
The UK’s Financial Conduct Authority (FCA) has amended its rules on the XBRL taxonomies permitted for use in mandatory digital financial reporting.
The European Insurance and Occupational Pensions Authority (EIOPA) has launched a public consultation on changes to its regular information requests to national competent authorities (NCAs) for occupational pension information.
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