In its repsonse to the EFRAG and ISSB consultations on sustainability disclosures, the EBA has agreed with the need to introduce international standards for sustainability reporting and emphasised the need for consistency.
The Central Bank of Ireland has published XBRL Taxonomy 2.1 for use with EMI and PI quarterly and supplementary returns.
The PRA has announced the timeframe for its consult on the UK implementation of Basel 3.1, including the Fundamental Review of the Trading Book (FRTB), along with a proposed timetable for firms to submit new IMA applications.
Phase 2 of EBA's 3.2 reporting framework published, with changes to support the implementation of the updated reporting framework.
Invoke has added to their list of industry awards with a win at the 2022 Central Banking Fintech Regtech Global Awards! Fighting off competition from six other leading regtech organisations, our innovative e-Regulatory solution has seen us named Technology Partner for Regulatory Compliance.
IFTM (Investment Firm Threshold Monitoring) for MiFID firms was implemented a few weeks ago; now, firms under its scope are starting to prepare their first reports.
Invoke ESEF reporting solution Invoke ESEF has been awarded XBRL Certified Software status.
The first quarterly reporting deadline for the amended ECB Regulation on Payment Statistics has just taken place at the end of April. For this submission and from now on, payment service providers that report to the Central Bank of Ireland will be required to submit more information than previously, and in XML format not Excel, as part of the amended payment statistics reporting regulation.
Beginning in 2022, the Central Bank of Ireland will require E-Money Institutions and Payment Institutions to submit their accounts and supplementary quarterly returns in XBRL format. The new regulation is in keeping with the CBI's wider move towards reporting in XBRL, and their taxonomy 2.0.
EIOPA has released the roadmap for future taxonomies, starting with the publication of the first public working draft (PWD) for taxonomy 2.7.0.