1/2 🔴#ESMA has decided to postpone to 2024 the amendment of the European Single Electronic Format #ESEF RTS due to limited changes in the 2023 update → europa.eu/!ntcV8y. ⏭️ We will combine 2023 + 2024 IFRS Foundation Taxonomy updates.

Thank you to all at EBRA for a great conference in Paris last week! We had a great time meeting our friends in the business register community and enjoyed the excellent presentations on innovation, transparency and sustainability. corefiling.com/solution-data-… #xbrl #csrd

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ESG reporting for banks starts in this December. The EU Banking Authority - EBA 🇪🇺 ESG Pillar 3 taxonomy requests banks disclose climate-related risks and mitigating actions, exposure to green assets and information on how sustainability is part of risk management. corefiling.com/solution-exter… #xbrl

Interesting to see how enforcement of accurate disclosures for ESG might pan out.

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A reminder that the FRC's call for evidence on the "Non-Financial Reporting Review" is still open with the aim of delivering a simplified ESG reporting framework for UK companies and investors. frc.org.uk/news/may-2023/… #esg #xbrl #reporting #investors

You can download several major taxonomy packages and all of their dependencies in one click on taxonomies.corefiling.com. This is free to access and use for all taxonomies.corefiling.com . #xbrl #taxonomypackage #eurofiling #us #frcuk #xbrlinternational

Interesting article on ESG reporting: Does it really move the needle on global sustainability?

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CoreFiling is now ISO 27001 certified! Formal recognition of our high information security standards will help our customers looking to make the move to the cloud or take advantage of our Software as a Service (SaaS) offerings. corefiling.com #ISO27001 #xbrl #security

The IFRS Foundation has issued its inaugural standards, IFRS S1 and S2 for sustainability-related disclosures in capital markets worldwide. CoreFiling will make the digital data standard available for digital document creation once it is released. corefiling.com/esg-data-stand… #xbrl

Read the full ISSB press release on this significant announcement for ESG.

The XBRL International newsletter is always worth reading...

Tomorrow sees the annual IFRS Taxonomy Consultative Group meeting in London where updates to the IFRS and ISSB taxonomies will be discussed. Joel Vicente will be there as part of CoreFiling's ongoing support of the filing community. The agenda is here: ifrs.org/groups/ifrs-ta…

The Bank of England have released their consultation paper on the future of SII reporting for insurers in the UK. The PRA plans to deliver significant reforms for the content of SII returns, while retaining the reporting portal and XBRL format. bankofengland.co.uk/prudential-reg… #xbrl

The U.S. Securities and Exchange Commission have published their first Semi-Annual Report to Congress. This report is one of the requirements in the Financial Data Transparency Act (FDTA) and includes a cost/benefit analysis of machine readable data. Read the report here: sec.gov/files/2023-fdt… #xbrl #fdta

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