The level of co-ordinated focus, at a national as well as at a pan-European basis, on improving data quality is very impressive, although clearly it is still early days.
The EBA website has published a wealth of information about options and national discretions applied by EU National Competent Authorities as part of the Capital Requirements Directive (CRDIV) for bank supervision. The national variability displayed is a good example of the challenges faced both by internationally operating banks and the regulators themselves. The summary table is probably a good […]
Dutch banking giant ING has announced that from 1 January 2015 it will offer discounts on loan and credit applications for SME customers in the Netherlands who provide XBRL versions of financial statements through the Dutch SBR platform.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
