EIOPA Meet-the-Market Workshop – XBRL Tool for Undertakings (T4U)
XBRL Tool for Undertakings (T4U)
Date: 8 July 2015
Venue: EIOPA, Westhafenplatz 1, 60327 Frankfurt am Main
The European Insurance and Occupational Pensions Authority (EIOPA) has decided that, despite severe budget restrictions, the Tool for Undertakings (T4U) related to XBRL reporting under Solvency II will continue to be developed for a scheduled release in Q3 2015. This release will be preceded by the publication of the full XBRL Taxonomy, which is also scheduled for Q3 2015. With the development of the T4U, EIOPA aims to assist small and medium sized companies in creating, editing and validating XBRL documents. The T4U aims to enable companies without such knowledge and resources to perform a basic implementation in XBRL of Solvency II harmonised quantitative reporting. The preliminary version of the T4U, which is based on the Preparatory Guidelines for Solvency II, has been tested by industry since December 2014 and its functionalities are currently being refined.
Please see: https://eiopa.europa.eu/regulation-supervision/insurance/tool-for-undertakings for further information.
Contents Topics that will be addressed include:
- Overview of the current project status
- Detailed information on the latest public beta release
- In-depth technical presentations on the T4U’s software components