Best Practices on Common European Reporting Structures

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The CEBS Eurofiling project is in the process of reviewing the existing Finrep in order to take in production a new version in 2012. In order to make the potential adoption of any country interested in this new version of Finrep / Corep as smooth as possible, the XBRL taxonomy team is trying to gather the reporting requirements and standards of as many european countries as possible even if they at present do not use XBRL or FINREP / COREP. The goal is to make their potential switch on the long run as easy as possible, should they decide some day to switch to the new FINREP / COREP versions.

One result of these efforts is the file below, which gives the results of a questionnaire that has been sent to all countries represented in the CEBS to enquire which "header" information is needed for the respective national reporting to work.

Eurofiling_header_questionnaire-results.xls