Each year, XBRL Europe organizes the XBRL week, a conference dedicated to the different XBRL ongoing projects in Europe; this year like the year before, this conference took place in June in the European Central Bank premises, in Frankfurt.
Much more than the latest years, the will for implanting XBRL business reporting in the European Union is palpable. Here are the major European projects that reflect this orientation:
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ECB publishes the SFRDP taxonomy for SUPERVISORY FINANCIAL REPORTING DATA POINTS;
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Single Resolution Board that focuses on resolution planning and preparation with a forward-looking mindset to avoid the potential negative impact of a bank failure on the economy and on financial stability, also uses XBRL technologies to implement its mission;
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France, Ireland, Netherland and Belgium published extensions for Solvency II to cover national specific reporting;
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EBA and EIOPA continue to improve their reporting in order to implement their mandates.