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ESMA Publishes 2025 ESEF XBRL Taxonomy Files and Conformance Suite

ESMA published the 2025 European Single Electronic Format (ESEF) XBRL taxonomy files and updated ESEF Conformance Suite 2025 on 21 April 2026. The 2025 taxonomy reflects the introduction of IFRS 18 Presentation and Disclosure in Financial Statements, effective from 1 January 2027, and includes two entry points allowing issuers to report under either IAS 1 or IFRS 18. ESMA does not plan to amend the ESEF RTS or taxonomy in 2026, providing greater regulatory stability and more time for implementation ahead of the new standard.

ISSB Agrees Nature Disclosures Practice Statement, October 2026

The International Sustainability Standards Board agreed during its April 2026 meeting in Beijing to propose requirements for nature-related disclosures as an IFRS Practice Statement. The Practice Statement will guide companies on how to provide material nature-related disclosures required under IFRS S1 without amending existing standards, drawing on the Taskforce on Nature-related Financial Disclosures framework. An exposure draft is planned for October 2026, giving stakeholders the opportunity to comment on both the proposed content and whether a Practice Statement is the appropriate form of standard-setting for nature-related disclosures.

Resolution CVM 242 Makes CPC Technical Pronouncement 29 Mandatory for Public Companies

CVM Brazil has issued Resolution CVM 242, making mandatory for public companies the adoption of CPC Technical Pronouncement 29, which incorporates updates produced by the International Accounting Standards Board (IASB). The resolution affects CPC 03 (R2), CPC 25, CPC 36 (R3), CPC 37 (R1), CPC 40 (R1), and CPC 48, addressing financial instruments, consolidated statements, cash flow statements, and provisions. Companies must apply these standards to fiscal years beginning on or after January 1, 2026.

ESMA Sets 2015 Enforcement Priorities for Financial Statements

ESMA published its annual Public Statement on European Common Enforcement Priorities for listed companies' 2015 financial statements. The statement identifies three key areas for national enforcer review: impact of financial markets conditions (interest rates, foreign exchange, country risk), consistency of statement of cash flows with other primary financial statements, and fair value measurement and disclosures for non-financial assets. ESMA and European national enforcers will monitor application and publish findings in early 2017.

ESMA Regulatory Documents, Public Positions, Guidelines and Press Releases Index

The Polish Financial Supervision Authority (KNF) published an updated index of European Securities and Markets Authority (ESMA) regulatory documents, public positions, guidelines, and press releases. The page was last updated on 17 October 2025 and includes links to ESMA documents spanning 2017 to 2025, covering topics including European Common Enforcement Priorities for annual reports, IFRS 17 implementation, MAR guidelines, and COVID-19 related accounting guidance.

CBSL Releases 2025 Financial Statements and Operations Publication

The Central Bank of Sri Lanka released its annual Financial Statements and Operations publication for 2025, as required under Section 99(2) and 7(1)(l) of the Central Bank of Sri Lanka Act, No 16 of 2023. Governor Dr. Nandalal Weerasinghe presented the publication to President Anura Kumara Dissanayake and Finance Minister on April 20, 2026. The publication contains three sections covering Operational Insights, Financial Statements compliant with IFRS, and Supplementary Information including details of the Bank's regional presence and supervised institutions.

Reckitt Q1 2026 LFL Net Revenue Up 1.3%, Full-Year Outlook Maintained

Reckitt Benckiser Group PLC reported Q1 2026 like-for-like (LFL) net revenue growth of 1.3% for Core Reckitt, with Emerging Markets delivering +7.6% growth partially offset by a -4.2% decline in Europe and -0.9% decline in North America. Group IFRS net revenue declined -11.8% year-on-year to £3,247m, reflecting both foreign exchange headwinds and the prior-year contribution from the Essential Home business, which was divested on 31 December 2025. The company maintained its FY 2026 LFL net revenue guidance of +4% to +5% for Core Reckitt, with sequential growth expected as the cold and flu season resets and new product innovations launch including Mucinex 12hr Cold and Fever in North America in June 2026.

Capital Markets Advisory Committee Meeting, 13 March 2026, Agenda Items

The IFRS Foundation's Capital Markets Advisory Committee (CMAC) held a video conference call on 13 March 2026. The meeting covered an IASB Update, agenda items on Statement of Cash Flows including non-cash transactions, derivative classification, and changes in liabilities from financing activities, and initiated Phase 1 of the post-implementation review of IFRS 9 Hedge Accounting. Meeting papers and a recording are available via the IFRS website.

DPOC Meeting March 3, 2026 - IASB and ISSB Technical Updates

The IFRS Foundation Due Process Oversight Committee (DPOC) will hold a meeting on 3 March 2026 at its London offices to receive update reports on IASB and ISSB technical activities. The agenda also includes finalising amendments to the Due Process Handbook, with staff recommending clarifications and enhancements based on feedback from the June 2025 Exposure Draft. Supporting papers include DP2 (IASB technical activities), DP3 (ISSB technical activities), and DP4 with an addendum summarising stakeholder feedback on the handbook proposals.

EBA Consults on Revised ITS Supervisory Reporting Simplification Package

The European Banking Authority has opened a public consultation on revised Implementing Technical Standards for supervisory reporting, covering nine modules including FINREP financial reporting, liquidity, operational risk losses, stress testing, market risk, COREP own funds, ESG reporting, SNCI alignment, and other changes. Responses on FINREP templates affected by IFRS 18 implementation are due by 10 May 2026, while responses on all other modules are due by 10 July 2026 at 23:59 CEST, submitted via EU Survey with password 'Reporting2026'. The consultation reference is EBA/CP/2026/07.

Credit Risk and IFRS 9 Benchmarking Reporting ITS Amendment

The European Banking Authority has opened public consultation EBA/CP/2026/08 on draft Implementing Technical Standards that would amend Commission Implementing Regulation (EU) 2024/3117 regarding Credit Risk and IFRS 9 Benchmarking reporting. The consultation runs from 10 April to 10 July 2026, with responses due by 10 July 2026 at 23:59. This amendment affects how banks and credit institutions report credit risk and IFRS 9 benchmarking data to competent supervisory authorities under the Capital Requirements Regulation.

ACMF 44th Chairs Meeting Sets 2026 Action Plan

The ASEAN Capital Markets Forum (ACMF) held its 44th Chairs' Meeting on March 26, 2026, in Boracay, Philippines, formally launching the ACMF Action Plan 2026–2030 and approving 2026 workplans, budgets, and timelines for its Working Groups. The ACMF launched the Knowledge Network of Supervision and Enforcement Directors, approved three new Working Groups (Enforcement and Supervision, Islamic Finance, and Market Promotions), and advanced initiatives on ASEAN Diamonds, ASEAN Collective Investment Schemes, and sustainable finance including the ASEAN Taxonomy for Sustainable Finance and IFRS Sustainability Disclosure Standards.

EBA Consults on Major Simplification of EU Supervisory Reporting Framework

The European Banking Authority has opened a public consultation on revised Implementing Technical Standards that would significantly simplify EU supervisory reporting requirements. The proposed changes aim to reduce harmonised reporting data points by approximately 50% while integrating EU-wide stress test and benchmarking data collections into regular reporting. Separate deadlines apply: 10 May 2026 for IFRS 18-related FINREP changes and 10 July 2026 for all other supervisory reporting changes.

EBA Consults on CRR Supervisory Reporting Simplification Package

The European Banking Authority has published two consultation papers proposing major simplifications to the supervisory reporting framework under the Capital Requirements Regulation. The first consultation (EBA/CP/2026/07) addresses revised implementing technical standards including IFRS 18 adoption, ESG risk integration, and reduced reporting requirements for small and non-complex institutions. The second consultation (EBA/CP/2026/08) covers integration of credit risk and IFRS 9 benchmarking templates. Comments on the first consultation are due 10 July 2026 (IFRS 18 FINREP changes: 10 May 2026), with public hearings scheduled for 5 May and 24 June respectively.

EU Official Journal Regulations Decisions Directives Index No. 29

The Gazzetta Ufficiale, Serie Speciale - Unione Europea, n. 29 (16 April 2026) compiles 11 EU regulations, decisions, and directives adopted between October 2025 and February 2026, covering financial reporting (IFRS 18 amendment), customs transit procedures (Moldova, Montenegro additions), food additives, poultry meat marketing standards, traditional herbal medicines, and pesticide approvals (permethrin). The acts were originally published in the Official Journal of the European Union between 16 February and 17 February 2026, and cover sectors spanning accounting, trade, food safety, and agriculture.

ESMA Statement on IFRS 18 and APM Guidelines Interaction

The European Securities and Markets Authority (ESMA) has issued a statement clarifying the interaction between the upcoming IFRS 18 standard on presentation and disclosure in financial statements and ESMA's existing Guidelines on Alternative Performance Measures (APMs). The statement aims to ensure consistent application and understanding of these requirements for financial statement preparers.

FAQs on IFRS S1 and S2 Sustainability Disclosures

The Bank of Ghana has published Frequently Asked Questions (FAQs) regarding the International Sustainability Standards Board's (ISSB) IFRS S1 and IFRS S2 standards. These FAQs aim to clarify sustainability reporting requirements for investors.

Korea Reappointed to IFRS Sustainability Standards Advisory Forum

The Financial Services Commission announced that Korea has been reappointed to the IFRS Foundation's Sustainability Standards Advisory Forum (SSAF) for the 2026-2028 term. Korea, represented by the FSC and KSSB, will continue to contribute its policy experiences to support the development of IFRS sustainability disclosure standards.

FRC Amends FRS 102 for Balance Sheet and Profit/Loss Accounts

The Financial Reporting Council (FRC) has issued amendments to FRS 102, effective for accounting periods beginning on or after January 1, 2027. These changes update the framework for companies adapting their balance sheet and profit and loss account formats, maintaining alignment with IFRS. Entities not adapting their formats will not be affected.