ESMA postpones to 2024 the annual IFRS amendment of the ESEF

ESMA postpones to 2024 the annual IFRS amendment of the ESEF

Metadata
Provider: 
ESMAESMA
URL: 
https://www.esma.europa.eu/press-news/esma-news/esma-postpones-2024-annual-ifrs-amendment-esefhttps://www.esma.europa.eu/press-news/esma-news/esma-postpones-2024-annual-ifrs-amendment-esef
Retrieved on: 
Wednesday, May 10, 2023
Information
Tags: 
Technology, International, European Securities and Markets Authority, EFRAG, Bank statement, Taxonomy, Element, International Financial Reporting Standards, ESMA, IAS, SEC, RTS, Risk management, ESEF
Geotags: 
US
Summary
Key Points: 
  • ESMA postpones to 2024 the annual IFRS amendment of the ESEF
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has decided to postpone to 2024 the amendment of the European Single Electronic Format (ESEF) Regulatory Technical Standard (RTS).
  • ESMA accordingly amends the ESEF RTS to reflect the annual update of the IFRS Taxonomy.
  • ESMA will combine both the 2023 and 2024 IFRS Taxonomy updates in its proposals to update the ESEF RTS in 2024.
  • During 2023, ESMA will publish the annual update of the ESEF Reporting Manual to provide additional guidance on the implementation of the ESEF requirements.
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