20th XBRL International Conference

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20th XBRL International ConferenceXBRL
Linking Businesses, Public Regulators
CitizensApril 20-22, 2010Rome, Italy

• Finance Track Banking
• Eurofiling initiative
• Harmonized and streamlined Banking Supervision
• Ignacio Boixo

This project is made possible with the financial
assistance of the European Union
This project can under no circumstances be
regarded as reflecting the policies of the
European Union
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Harmonization in Europe
Basel II, IAS/IFRS
Global best practices
European Law 9X,XX best practices EU
requirements
EC 2006/48 49
Transposition into national Legislation
Country 1
Country 3
Country 2
Country 27
National Regulation
Sup 1
NCB 2
FSA 3
Sup 27
National Implementation
Report 2
Report 1 ------------------------------------
Report 3 -----------------------------------------
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XBRL challenge!
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European Collaborative Framework
Budget 2005-2008 0 /year 2009-2010 60,000
/year
Weekly Conf. Call e-mail list 300
Core Team Supervisors BE, DE, ES, FR, IT, LU...
Non Supervisors
Workshops 11 editions 70 attendees each
Website, News Communication
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COREP rev2 (Jan 2010) XBRL taxonomy
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Differential report on COREP 1.3.0
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FINREP taxonomy, 2009-12-31. Public exposure
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Transformation of business requirements in an IT
oriented structure
Institutions
PdAssignedObligorGrade 2.365,00
OriginalExposurePreConversionFactors 4.568,00
OfWhichArisingFrom 1.234,00
Guarantees 4.787,00
CreditDerivatives 1.234,00
OtherFundedCreditProtection 9.564,00
TotalOutflows 1.264,00
TotalInflows 8.545,00
Yes
Total Exposures
On Balance Sheet
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Transformation of business requirements in an IT
oriented structure
COREP and FINREP both represent EU Directives by
way of a framework of instructions and tables
comprising A set of cells A set of
breakdowns The set of valid combinations of cells
and breakdowns (facts) The first step from an
IT point of view is normalize (in the IT sense)
the framework of tables into a formal data
model. The formal data model is NOT linked with
any specific format (CSV, XML, Flat File, XBRL,
OWL)
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Transformation of business requirements in an IT
oriented structure
CEBS frameworks
Data models
CEBS XBRL ON analyses both frameworks -
identification of the differences - provision of
recommendation - query for solutions to the COREP
and FINREP ON
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Best practices
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XBRL Operation Network
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Best Practices on Data Definitions
http//www.xbrlwiki.info/index.php?titleBest_Prac
tices_on_Data_Definitions
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Differences in COREP and FINREP
COREP
FINREP
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Harmonisation of the CEBS frameworks

• Both frameworks are published by a common
  organisation
• Supervision corporate identity,
• Eases the comprehension for banking institutions
  implementing both frameworks,
• Eases the comprehension of IT departments and
  software vendors dealing with both frameworks,
• If one framework is known, the other framework
  shall be intuitively understood,
• Prevents organisational risks by
  misinterpretations of structural definitions,
• Data formats are also being harmonised.

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Differences in nomenclature

• Same meaning of cell colours
• grey colour
• criss crossed
• yellow colour
• unique definition of positive or negative numbers
• unique location for clarifications
• unique location for references
• unique numbering system
• unique presentation of validation rules

UNIFICATION
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Differences in nomenclature
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Bella Italia!!!
Initial approval of new IT architecture for
FINREP and COREP taxonomies Free attendance,
please register at www.eurofiling.info