COREP XBRL Project
Our mission is to deliver the XBRL taxonomy for COmmon solvency ratio REPorting framework, for credit institutions and investment firms under the European Union capital requirements regime.
More details at www.eurofiling.info
- Represented countries:
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European Union
- Keywords:
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COREP XBRL
- Domains:
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Economy,
Economy (other)
- Related Assets:
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- Related Projects:
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Provided by
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Asset Owner
Committee of European Banking Supervisors (CEBS)
www.c-ebs.org
(European Banking Authority in the future)
The adoption of a common technology protocol based on XML/XBRL language, which allow taking full advantage of the data model's functionality, is recommended. The choice of IT application for implementing the framework will be a matter of national discretion. However, CEBS (Committee of European Banking Supervisors) considers XML and/or XBRL to be an appropriate tool for implementing a European standardised reporting system, and recommends its use. National supervisory authorities are free to decide on the technical aspects involved in implementing the framework. CEBS considers, however, that XBRL can be a helpful tool in constructing a standardised European reporting system. CEBS develop an XBRL taxonomy, which is made available without cost to national authorities and supervised credit institutions.