CWA3: Roll-out package

Standardized “roll-out package” that wraps the specifications as defined under previous deliverables.

Convenor: Aitor Azcoaga

  • Functional XBRL expert: Pieter Maillard (Aguilonius)
  • Technical XBRL expert: Pablo Navarro (Atos)

See the complete set of documents

ObjectiveStandard Regulatory and Declarer roll-out packages, with all taxonomies, technical assistance, conversion mechanisms, mapping components, localization components, etc …, to create economies of scale and enhance adoption between Supervisors and Declarers.

COREP, FINREP, Solvency II or other future XBRL taxonomies are offered to European regulators for national implementation. The first releases (2006) of the COREP and FINREP XBRL frameworks have proven that a standardized technical roll-out package is needed to increase the adoption rate and avoid implementation variances, which have a detrimental effect on the overall cross-border effectiveness of using one reporting standard.

This CWA will include an implementation and roll-out guide with technical documentation, instructions for proper use of XBRL and a localization bridge to a national XBRL jurisdiction, if available.

The supervisory roll-out package will be shared with other European activities, such as Business Registers (throughout the XBRL Europe Business Registers Working Group) to include the results of the workshop into the common / core reference practices of business registers in Europe”.

Leave a Reply