EU-FINSTAR Seminar introduces XBRL in Ukraine
The Ukrainian National Finance Service has begun discussing its plans to enhance Ukranian regulatory reporting with XBRL. This is part of a wider effort to enhance transparency within the Ukranian finance sector, initially within non-bank finance.
The regulator has started by holding introductory seminars with staff and market participants to explain how the new mandate will alter existing reporting mechanisms. This work is being undertaken through the EU-FINSTAR program of support.