ESMA Publishes 2022 ESEF XBRL Taxonomy Files & ESEF Conformance Suite
December 22, 2022
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published the 2022 European Single Electronic Format (ESEF) XBRL taxonomy files and an update to the ESEF Conformance Suite to facilitate the implementation of the ESEF Regulation.
ESMA aims to facilitate the ESEF implementation by providing to XBRL taxonomy files and Conformance Suite test files that reflect the requirements from the 2022 draft update to the ESEF Regulation and the 2022 update to the ESEF Reporting Manual.
This publication aims to ease preparations by software vendors and issuers on the 2022 IFRS consolidated financial statements with the latest version of the ESEF format. Nevertheless, only after the entry into force of the 2022 update to the ESEF Regulation, the 2022 ESEF taxonomy files and the updated Conformance Suite will discharge issuers from their ESEF obligations for their annual financial reports concerning financial years beginning on or after 1 January 2022. Issuers may use the 2021 ESEF taxonomy files and conformance suite provided by ESMA in December 2021 for their annual financial reports concerning financial years beginning on or after 1 January 2022.
To find out more details please visit : https://www.esma.europa.eu/