ESMA PROPOSES XBRL FOR ISSUERS’ FINANCIAL REPORTING
The European Securities and Markets Authority (ESMA) has published a feedback statement setting out the digital format which issuers in the European Union (EU) must use to report their company information from 1 January 2020. It concludes that Inline XBRL is the most suitable technology to meet the EU requirement for issuers to report their annual financial reports in a single electronic format because it enables both machine and human readability in one document. (Press release here)
Eurofiling is an open joint initiative collaborating with the EBA, ECB, EIOPA, ESMA and many other stakeholders in the regulatory space.
Proudly powered by WordPress Theme: Blogly by ThemeFurnace.