Minutes January 30th 2014

1.     EBA news.

2.     EIOPA news.

3.     ESMA’s ESEF (European Single Electronic Format).

The preparation of annual financial reports in a single electronic reporting format should be mandatory with effect from 1 January 2020, provided that a cost-benefit analysis has been undertaken by ESMA. ESMA should develop draft technical regu­latory standards, for adoption by the Commission, to specify the electronic reporting format, with due reference to current and future technological options, such as eXtensible Business Reporting Language (XBRL). (DIRECTIVE 2013/50/EU, 6.11.2013)

(Marc) ESMA to prepare background information, surveys, public consultation(s), questionnaires to Competent Authorities and Market Participants/stakeholders, for the adoption decision to be taken by the Commission.
(Wladyslaw) What options are considered?
(Marc) All the scenarios will be included in the appropriate questionnaires serving as input for the Consultation paper expected to be published later this year. European Commision to decide on 2016 based on ESMA RTS.
(Gilles) Happy to collaborate from XBRL Europe and Eurofiling community. Topic to be included in next face to face events.

4.     CEN WS XBRL Project and Standards/Practices.

Large Instance Processing (LIP). See the document Performance testing process for large XBRL instance processing by XBRL International BPB

 5.       Events and AOB.

See D1.1 – Survey on standardized e-Document formats. Analysis of structured e-Document formats used in Trans-European Systems

This survey has been kindly requested for a company working in the context of Interoperability for European Public Administrations http://ec.europa.eu/isa/

See next XBRL events at www.eurofiling.info :
[2014-06-09  to 11] 26 International XBRL Conference Orlando (Florida)
[2014-05-05 & 06] 13 XBRL Europe Day & 19 Eurofiling Workshop. Rome. Program Committee members wanted!
[2014-04-03] Solvency II (French speaking) Paris

Aftab Ahmad (FSA, Norway)
Dave van den Ende (Deloitte NL)
Eduardo Gonzalez (Gonblan, ES)
Emile Bartolé (CSSF, LU)
Gilles Maguet (XBRL Europe)
Ignacio Boixo (Eurofiling coordinator)
Ignacio Santos (Bank of Spain, ES)
Joel Vicente (CoreFiling, UK)
Katrin Heinze (Eurofiling coordinator)
Marc Labat (ESMA)
Masatomo Goto (Fujitsu, UK)
Pierre Hamon (Etxetera, FR)
Wladyslaw Krawiec (IFRS)
Andreas Weller (EBA)
Anne Bini (Invoke, FR)

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