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Day: May 19, 2011

XBRL Continues Global Expansion as Standard for Business Reporting Transparency

Hundreds of executives from 38 countries convened in Brussels, Belgium this week during XBRL22 to discuss the continued global expansion of XBRL. One of the significant announcements made during the conference was in the area of insurance – the European Insurance and Occupational Pensions Authority (EIOPA) has chosen XBRL as the Uniform Format for Solvency II insurance reporting across Europe, as announced by Gilles Maguet, Secretary-General of XBRL Europe, the regional body for XBRL jurisdictions in the European Union.

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