CEN WS XBRL public as European Standards and included among the list 220 European CEN Standards
The final deliverables were approved on 2013-12-11 at the XBRL week in Luxembourg
CWA1, headed by Katrin Heinze (Bundesbank, Deutschland)
CWA1-1 European Data Point Methodology for Supervisory Reporting
CWA1-2 Guidelines for Data Point Modelling
CWA1-3 European XBRL Taxonomy Architecture
CWA1-4 European Filing Rules
CWA1-5 Mapping between Data Point Model and Multidimensional Data Model
Best practices and interoperability for reporting domains, such as Banking and Insurance Supervision in Europe, are the goals of this CEN project:
CEN Workshop XBRL – Improving transparency in financial and business reporting
Recent financial crises have uncovered one of the major deficiencies of the existing financial system: the lack of transparency. More specifically in the European Union, transparency is hampered by the absence of harmonisation in financial regulatory reporting. The intention of this CEN Workshop is to prepare a series of CWA’s that promulgate XBRL deliverables on a wider and standardised basis in Europe. XBRL, as a global standard for financial and business reporting, based on XML, holds the promise to create transparency in financial regulatory reporting. Read more… CEN WS XBRL wiki workspace, open for comments
- CEN: Comité Européen de Normalisation / European Committee for Standardization.
- CWA: CEN Workshop Agreement.
- XBRL: eXtensible Business Reporting Language