Structured digital reporting – Improving quality and usability

Published: 3 October 2023

1 minute read


This FRC Lab report identifies lessons learnt from the first year of mandatory structured digital reporting under the TD ESEF regulation.

The Lab’s review found many companies have risen to the challenge of producing a report in the new digital format. However, there remains much to be done as data quality and usability remain below the level expected for companies in a leading capital market.

The report sets out some actions to improve companies’ processes, the usability and design of the reports and XBRL tagging.

“It’s really encouraging that so many seem to have taken on board the tips from last year's early implementation review. There is of course room for improvement and the actions in this report will help companies to make their reporting fit for increasing digital consumption. A focus on data quality and usability will be key to achieve this.”

Mark Babington, Executive Director of Regulatory Standards at the FRC

“We welcome the FRC Lab’s valuable work to help companies produce high-quality structured reports. This report is an important step to help unlock the full benefits of structured digital reporting for all participants in the UK’s capital markets.”

Clare Cole, Director of Market Oversight at the Financial Conduct Authority


In addition to the full report, a summary of the key findings is also available.

Name FRC Lab Report: Structured Digital Reporting Report
Publication date 23 September 2022
Type Report
Format PDF, 2.2 MB
Name FRC Lab Report: Structured Digital Reporting - Summary of findings
Publication date 23 September 2022
Type Report
Format PDF, 3.5 MB


On 8 November 2022 the FRC Lab held a webinar covering the main findings of the Lab's review, with a Q&A session.

Webinar slides