ECB supports LEI and enhanced reporting A recent European Commission (EC) consultation on LEI & enhanced reporting – designed to inform the new EU digital finance strategy – has been considering amendments to the EU regulatory framework in response to
LEI embedded in ESEF boosts Trust
LEI embedded in ESEF boosts Trust When public companies across Europe begin filing annual financial reports in the digital, machine-readable ESEF format at the start of 2020, alongside introducing iXBRL tagging, they will also begin to embed their Legal Entity
EU to move forward with Single Access Point
EU to move forward with Single Access Point Ensuring that companies across the EU can get the investment they need to recover from the Covid-19 crisis means making sure investors have access to usable, comparable data. This week the European Commission
GLEIF to govern Derivatives Identifiers
GLEIF Oversight Committee to govern Derivatives Identifiers The Financial Stability Board (FSB) announced that the Global Legal Entity Identifier Foundation (GLEIF), responsible for the LEI, would begin overseeing the unique identifiers used to track over-the-counter (OTC) derivatives this week from
IFRS considers setting Sustainability Standards
Following growing support for global non-financial standards, the International Financial Reporting Standards (IFRS) Foundation has published a consultation paper to formally assess the demand for sustainability standards, and gauge support for the Foundation’s role in developing them. An increasing number