Maite Sainz from Banco de España recently provided an update on the XBRL implementation at that regulator. The Bank of Spain is that country’s central bank and bank regulator (national-level regulators are known as NCAs or National Competent Authorities in Europe), and has been using XBRL for data collection since 2005. The Bank has been […]
The Danish Business Authority is now publishing more than 600,000 sets of company accounts
The level of co-ordinated focus, at a national as well as at a pan-European basis, on improving data quality is very impressive, although clearly it is still early days.
XBRL Finland held a successful conference entitled the Real-Time Economy (RTE): Innovations for Europe Conference. Nearly 150 participants from 12 countries and 68 organizations came together in Helsinki to discuss advances in financial reporting, public data collection and accounting. The purpose of the conference was to disseminate information on RTE innovations and to gather people […]
Amendments and updates have been made available by the EBA.
The ECB has released the latest Quantitative Reporting Templates with “Add-ons” for information that needs to be provided for statistical purposes over and above the supervisory requirements.
The European Banking Authority (EBA) has published the XBRL taxonomy for competent authorities to utilize for remittance of data. With a reference date of 30 June 2015 onwards, this taxonomy will be used for the first reports on additional liquidity monitoring metrics and supervisory benchmarking for data items identified in the EBA Data Point Model (DPM). In addition to new […]
The European Commission has published a “Green Paper” on the subject of the Capital Markets Union and launched a three month consultative process to gain consensus on problems and solutions regarding the cost of capital in the EU.
The European Commission is preparing a consulting process on the development of a Capital Markets Union to spur growth, employment and investment in the 28 EU Member States
In late December, following technical stakeholder feedback, EIOPA published several corrective updates to the Data Point Model and XBRL Taxonomy files to: Fix issues surrounding instance file submission; introduce Row/Column Codes in Annotated Templates; and provide information on the deactivation of specific validation rules. EIOPA is considering the publication of an additional release in February and will […]
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