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CEN/WS XBRL Kick-off meeting. CWA3 Standardized roll-out package. 26 September 2012 Aitor Azcoaga. CWA3. Objectives. Standardized "roll-out package" that wraps the specifications as defined under previous deliverables.
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CEN/WS XBRLKick-off meeting CWA3 Standardized roll-out package 26 September 2012 Aitor Azcoaga CWA3
Objectives • Standardized "roll-out package" that wraps the specifications as defined under previous deliverables. • Standard regulatory package with all taxonomies, technical assistance, conversion mechanisms, mapping components, localization components (via XBRL jurisdictions), etc., to create economies of scale and enhance adoption between Supervisors • Implementation and roll-out guide with technical documentation, instructions for proper use of XBRL and a localization bridge to a national XBRL jurisdiction
Deliverables of CWA3 • XBRL Supervisory roll-out guide • Oriented towards national regulators on how to implement, extend and manage XBRL taxonomies • XBRL reporting entities handbook • Roll-out guide or reference handbook would help XBRL prepares(reporting entities) in getting to know XBRL
XBRL Supervisory roll-out guide • XBRL introduction to regulators including… • How to start with XBRL from the regulator perspective • How to implement and extend taxonomies (CWA2) • Architecture, methodology and best practises (CWA1) • Management and maintainability • Localization • Availability (download) • How to transmit, process and validate instances (CWA2 header and container, etc.)
XBRL reporting entities handbook • Roll-out guide or reference handbook would help XBRL prepares(reporting entities) in getting to know XBRL • Introduction to XBRL • How to create, validate, visualise or publish instances • Reference documentation This will be a high level document
Next steps Agree the concrete topics for the deliveries. Communication within CEN project and with other stakeholders (XBRL Europe and national jurisdictions, Eurofiling) Face to face meeting Frankfurt 12th December
Thanks for your attention Questions? Aitor.Azcoaga@eiopa.europa.eu Page 7 CWA2