XBRL International, Inc.’s Post

📅 On 27 November, Richard Bössen, EFRAG Senior Manager Digital Reporting, will participate in the Corporate Disclosures 2024 Conference in London. He will share his insights in the Digitalisation Panel 🌐 "Practical insights on digitalisation and newly emerging reporting tools" on: 🔵 Emerging reporting tools and their role in easing compliance 🔵 The risks and opportunities of AI 🔵 The current state of XBRL digital tagging for sustainability reporting 🔵 How companies can adapt their reporting systems 🔵 The evolving role of standards-setters in digital disclosure requirements 🔵 The future of digitalisation in reporting More info & registration ▶️ https://lnkd.in/etPfMPDR Interested in EFRAG's work on digital tagging with XBRL taxonomies? Read more ▶️ https://lnkd.in/ejBaHqB5  #CorporateDisclosures2024 #SustainabilityReporting #ESRS #CSDR #Digitalisation #XBRLTaxonomy #EFRAG

🚀 Don’t Miss Our Panel Discussion: Navigating the Web of Regulations, Consolidated Tape, Data Management, and AI in Your Market Data Strategy 🚀 Join us for a deep dive into the evolving regulatory landscape and how it impacts market data strategies. Our expert panel, moderated by Evert-Jan ten Brundel, will explore key challenges like regulatory compliance, consolidated tape implementation, and the integration of AI and data management into your operations. In a time when regulations are tightening the screws on operational risk and resilience across financial institutions, it’s critical to stay ahead of the curve. With the EU’s push for consolidated tape and the growing complexity of AI-driven market data solutions, finding the right strategy is more important than ever. Our panel will discuss: ▪️ Implementing consolidated tape to ensure transparency and regulatory compliance. ▪️ Navigating new regulations like DORA and their impact on market data. ▪️ Harnessing AI for smarter data management and decision-making processes. This session will equip you with insights on how to optimize your market data strategy, mitigate risks, and prepare for the future of regulatory demands and AI integration. 📅 When? November 12, 2024 📍 Where? Euronext Office – Beursplein 5, Amsterdam 🎟️ Claim your free ticket now with code SLCEMASLK and be part of this essential conversation! Get your ticket here: https://lnkd.in/ensPGemi #DKF2024 #MarketData #Regulations #DORA #AI #ConsolidatedTape #Finance

📉 If AI and data are the new oil, the stakes are high. Just as oil trade reshaped the world, data deals could too. 🌍 In a letter published in the Financial Times, Claire Melamed writes that governments worldwide are crafting data rules based on national interests, but a global approach is essential to prevent a race to the bottom. The United Nations’s upcoming Summit for the Future in September is a key moment to set global data governance standards. Learn more here 👉 https://bit.ly/3yTAkPS #AIForGood #Data4Good

⚡Corporate reporting is evolving at lightning speed. The next major shift in this field will undoubtedly be in non-financial reporting, with entirely new reporting obligations. Some companies are already providing valuable information for the market and other issuers, who may find inspiration in these initial reports. 👀Given the young age of this regulation, finding good examples of best reporting practices is challenging; it’s like looking for a needle in a haystack! This is where technologies and AI can help. 🔬For instance, we analyzed our database to identify: - Reports that explain efforts being made to prepare for the CSRD - Reports that already share initial information aligned with the ESRS The Netherlands, Belgium, and Norway are the countries that seem the most advanced in this area, disclosing early analyses of alignment with ESRS. Conversely, other countries appear to be less mature on this subject. Finally, others, like France, talk a lot about the efforts being made, but fewer reports share information about their initial analyses. We hope that all issuers will be ready to face these new obligations. To easily identify some disclosure ideas: https://hubs.ly/Q02C3d-R0 #AI #FinancialReporting #ESRS #ESG

📚 Written an insightful article on the art of valuation of financial instruments for the Chamber of Tax Consultants. It delves into the intricacies of valuation. 📈 The landscape of valuation continues to transform with the advent of artificial intelligence and big data. Emerging concepts like ESG (environmental, social, and governance) considerations are taking centre stage. By staying adaptable and embracing these cutting-edge frontiers, we can ensure that the art of valuation remains not just a tool for measuring the present, but a compass guiding us towards a more sustainable and equitable future. 🌍 #Valuation #FinancialInstruments #ESOP #AI #BigData #ESG #Sustainability

⚡Corporate reporting is evolving at lightning speed. The next major shift in this field will undoubtedly be in non-financial reporting, with entirely new reporting obligations. Some companies are already providing valuable information for the market and other issuers, who may find inspiration in these initial reports. 👀Given the young age of this regulation, finding good examples of best reporting practices is challenging; it’s like looking for a needle in a haystack! This is where technologies and AI can help. 🔬For instance, we analyzed our database to identify: - Reports that explain efforts being made to prepare for the CSRD - Reports that already share initial information aligned with the ESRS The Netherlands, Belgium, and Norway are the countries that seem the most advanced in this area, disclosing early analyses of alignment with ESRS. Conversely, other countries appear to be less mature on this subject. Finally, others, like France, talk a lot about the efforts being made, but fewer reports share information about their initial analyses. We hope that all issuers will be ready to face these new obligations. To easily identify some disclosure ideas: https://hubs.ly/Q02C3bl80 #AI #FinancialReporting #ESRS #ESG

EPRA is attending EFRAG's third annual conference "Advancing Transparency & Competitiveness in Challenging Times”, in Brussels. Change is constant, but the relevance of financial reporting isn’t going anywhere. However, it also can’t stand alone anymore. Financial and sustainability reporting must work together to give investors the full picture—helping them understand a company’s performance today and its potential for tomorrow. #AI is also shaking things up, making processes faster and more efficient. But while it’s a powerful tool, we must stay mindful of its impact, using it to enhance—not replace—the transparency and trust that reporting is built on. #EFRAGConference2024 #CorporateReporting #SustainabilityReporting #FinancialReporting #ESRS #CSRD Lourdes Calderón Hassan Sabir Baris Sari

The #eutaxonomy assessment is already complex and cost-intensive enough for companies. Still, for financial institutions that have to analyze several valuations of financing projects daily, this represents a considerable challenge. Banks and savings #banks are potentially affected by more than 150 economic activities - as far as the latest update of the EU Taxonomy regulation - and each one has its specific assessment process with specific technical screening criteria (TSC) that need to be checked. Can #AI help make the EU Taxonomy easier? If yes, how does it work? ➥ In one of the articles we share how we streamlined compliance for the EU Taxonomy reporting with AI by introducing and explaining some of the latest models used worldwide. Read the article here ⇒ https://lnkd.in/dtFn_j5n #artificialintelligence #sustainablefinance #sustainabilityreporting #esg #compliance #dydonai

CDOs face quickly evolving challenges and opportunities. PwC’s insights can help them stay ahead of the curve. Learn more in PwC Ireland's latest Chief Data Officer Survey.

CDOs face quickly evolving challenges and opportunities. PwC’s insights can help them stay ahead of the curve. Learn more in PwC Ireland's latest Chief Data Officer Survey.