HOW TO PREPARE FOR THE CSRD What is the CSRD and why is it needed? The European Commission has approved the proposal for a Corporate Sustainability Reporting Directive (CSRD). This directive expands upon and will replace the Non-Financial Reporting Directive (NFRD)...
The Central Bank of Ireland introduces an XBRL taxonomy for the Bank and Investment Firm Resolution Fund (BIFR) The Central Bank of Ireland has released a new BIFR XBRL taxonomy which will come into effect from January 2023. This taxonomy introduces an XBRL version of...
SOLVENCY II, REGULATORY AND RISK REPORTING Through a collaboration between Authority Software and Function Six – Banks, Insurance companies and other financial services, can now take advantage of turnkey regulatory reporting using OneStream. OneStream provides...
Preparing for UK FCA’s Investment Firm Prudential Regime (IFPR) The UK Investment Firm Prudential Regime (IFPR) is expected to come into effect in January 2022. IFPR is an upcoming prudential regime which is tailored specifically for investment firms regulated by the...
Bank of England Statistics taxonomy version 1.2.0 The Bank of England has recently published their Statistics taxonomy version 1.2.0. This taxonomy forms part of the Bank of England’s greater plan for Transforming data collection from the UK financial sector. The...
Central bank of Ireland PRISM Impact Metrics Data return (‘PIMD’) and FINREP return(s) The Central Bank of Ireland (CBI) has recently published their Taxonomy 2.0 which introduces XBRL versions of the PRISM Impact Metrics Data return (‘PIMD’) and FINREP returns....
