12th XBRL Europe day & 18th Eurofiling Workshop – Luxembourg 11 December 2013 EU Adoption Committee update Dave Van den Ende –Chair Committee.

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Presentation transcript:

12th XBRL Europe day & 18th Eurofiling Workshop – Luxembourg 11 December 2013 EU Adoption Committee update Dave Van den Ende –Chair Committee

Transparency directive Listed companies required to report in European Single Electronic Format from 2020 ESMA to propose ESEF standard market consultation in 2014 Meetings planned with ESMA ESMA Taskforce setup led by Marc Labat Publish whitepaper (from XEU IFRS WG)

Transparency directive taskforce in xXEUHans Buijse, camille, chairs WG to review document Involve big 4 contact group to review List of stakeholders

XBRL as EU standard Connect to EU Multi Stakelholder Platform Members multi stakeholder platform must REQUEST for the standard Provide input to XBRL workplan Identify key stakeholders in countries Briefing paper to layout what needs to done by MS Taskforce appointed to address this chaired by Björn Rydberg from XBRL Sweden and Ignacio Boixo from XBRL Spain

XBRL as EU standard Bjorn to organiz call with ignacio, marc v hilvoorde, freek, Germany, willem geijtenbeek, Paul Kjor, Marc Hemmerling EUPL (public license) - EIOPA considers this to license DPM