The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published an update to the European Single Electronic Format (ESEF) XBRL taxonomy 2022 files and the ESEF Conformance Suite 2023 to facilitate the implementation of the ESEF Regulation.
ESMA has previously decided to postpone to 2024 the annual amendment of the ESEF Regulatory Technical Standards (RTS) reflecting the 2023 International Financial Reporting Standards (IFRS) Taxonomy. As such, the update of the ESEF XBRL taxonomy 2022 files and the ESEF Conformance Suite 2023 is limited to:
Minor corrections aimed at improving usability, and
Updated Conformance Suite test fields facilitating the implementation of the updated version of the ESEF Reporting Manual into software products used by preparers to produce their ESEF report package.
