Ignacio Boixo XBRL Network Co-ordinator, Committee of European Banking Supervisors Head of International Projects, IS Department, Bank of Spain Manager, XBRL Spain Information Technology Committee, European System of Central Banks COREP/FINREP XBRL Update VI Workshop, October 2006
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Ignacio Boixo XBRL Network Co-ordinator, Committee of European Banking Supervisors Head of International Projects, IS Department, Bank of Spain Manager,
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Ignacio Boixo XBRL Network Co-ordinator, Committee of European Banking Supervisors
Head of International Projects, IS Department, Bank of Spain
Manager, XBRL Spain
Information Technology Committee, European System of Central Banks
COREP/FINREP XBRL Update
VI Workshop, October 2006
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CEBS News
Expert Group on Financial Information decided to create three networks:
COREP network: coordinated by Fernando Navarrete (Bank of Spain)
FINREP network: coordinated by Marc Pickeur (CBFA)
XBRL related-matters network: coordinated by Ignacio Boixo (Bank of Spain)
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SEC News
Washington, D.C., Sept. 25, 2006
U.S. Securities and Exchange Commission: $54 million to transform the agency’s 1980s-vintage public company disclosure system
$48 million to complete the transformation of the old EDGAR database into the new XBRL-capable system over the next year.
Complete XBRL Code Writing for U.S. GAAP Financial Statements — $5.5 million, contracting with XBRL US
Interactive Data Tools for Investors — $500,000
www.sec.gov/news/press/2006-158.htm
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Eurostat News
XDIS/XBRL project
Focus on reporting by enterprises to National Statistics Institutions
October 2006 – February 2007: Prepare and perform tests (BE, ES, NL)
March 2007: Acceptance analysis
April – November 2007: Extension to other domains and countries (maybe IE, LU and SE)
Total budget: 3.75 M€ for budget years 2005->2008 675.000 € to pilots and studies on XBRL and other sectoral standards
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European System of Centrat Banks News
EXDI project
Focus on collecting Banking Information
XBRL format: main candidate format
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XBRL Investment (Feb.-May 2005)
Concept Number Units Market* Cost Secretariat
IT developers full time 3 12 months 12.000 € 144.000 € -Intl. XBRL advisors 3 10 weeks 6.000 € 60.000 € -Business advisors 3 10 weeks 3.000 € 30.000 € -Scholars 3 12 months 1.000 € 12.000 € -IT support & coordination 10 50 weeks 3.000 € 150.000 € -Attendants on site 50 50 weeks 3.000 € 150.000 € -Attendants off site 150 260 msg. - - -Subtotal staff 54 months 546.000 € -