Industry, regulators, software vendors and academia came together last Thursday at Moscow’s Financial University for the official launch of XBRL Russia and the opening of the XBRL Development Centre at the University. With some 700 non-bank financial institutions already filing data to the Russian Central Bank, and a host of other data collections on the […]
The Central Bank of Russia continues to move forward with the rapid digitisation of its financial sector, not least with XBRL based reporting. Beginning in June, investment funds and non-state pension funds will now be required to start submitting their financial statements in XBRL. Earlier this year insurance companies and broker/dealers moved over to XBRL […]
With XBRL filing rules impacting some 17,000 financial institutions in Russia, XBRL Russia through the Department of XBRL Technologies at the Bank of Russia will be running a series of educational workshops. Starting in April, this four-part webinar series will cover XBRL use for insurers, pension funds, management companies, broker/dealers, and more. More here.
The Central Bank of Russia is leading the modernisation and digitisation of the financial sector in that country and the use of XBRL for data collection is a key part of this initiative. The XBRL Russia website (it translates very effectively in Chrome) has recently been formally launched and contains a wealth of information about […]