Call for experts to participate in ISO Technical Committee 68, Subcommittee 9, Working Group 5, dedicated to development and maintenance of ISO 5116 “Improving transparency in financial and business reporting – Harmonization” (Data Point Model).

Institutions recognised as Participating Members in the Technical Committee 68 are listed here: iso.org/committee/49650.html?view=participation. Typically, within the Participating Member organisation, there will be a committee or group established to “mirror” the ISO Technical Committee 68 Financial Services. The chair or convenor of that group will be the best point of contact since typically this group will opine on delegation or delegate individuals to serve in ISO groups. The deadline for submitting responses to the call for experts is the 15th of October 2024.

The Board of Directors of Eurofiling hereby kindly ask you to engage and mobilise individuals to respond to the call for paticipation If you have any questions or would require assistance, please feel free to contact the Eurofiling Foundation: Michal Piechocki, Convenor for WG5: michal@eurofiling.info. Ignacio Boixo, President: boixo@eurofiling.info

We have marvelous news. The Central Bank of Ireland has kindly offered hosting the 29th Eurofiling Conference in Dublin in June next year.

Please book already you agenda :

Wednesday 5th – Thursday 6th of June 2024

Dublin, Central Bank of Ireland

The European Banking Federation (EBF), European Association of Public Banks (EAPB), European Association of Co-operative Banks (EACB) and the European Savings and Retail Banking Group​ (​ESBG​) co-organise a virtual half-day workshop to discuss on supervisory reporting and the role of technology.

EBA will comment on the cost of compliance study and a few use cases will be discussed, after which potential RegTech and FinTech approaches are debated, in view of lowering the cost of compliance.

When? 18 February 2022, 09h30 – 12h45

Where? online via MS Teams

More information and registration

ESMA has released on December 10th the publication of the ESEF Taxonomy 2021 here.

The Eurofiling Foundation published on December 14th the ESEF Illustrated Taxonomy 2021. It is a document displayed in Excel the ESEF Taxonomy’s content. The IFRS Foundation describes the Illustrated Taxonomy concept here.

The author is Javier Mora, CTO of XBRL Spain. Eurofiling Board Member.

The publication is hosted by the Association Openfiling, among other Open Source resources.  See the details here.

Please note that issuers will be able to use the 2021 taxonomy to fulfil the ESEF obligations only when the updated ESEF regulation will have entered into force following the completion of the legislative process (approximately in March 2022).

It is a great pleasure to share with you that our joint Eurofiling Community development – the Data Point Model methodology – is now officially an ISO standard number 5116. To find out more please check: ISO 5116-1:2021  ISO 5116-2:2021  ISO 5116-3:2021

The DPM is as of 2021 in use across the entire EU, UK, South Africa, Moldova, Israel and several other jurisdictions. It enables data understanding across banking, insurance, investment firms and other verticals of our economy.

While it is impossible to list all the Colleagues who have contributed to this effort, one thing is certain: it represents a truly collaborative and extremely important consensus between regulators, private sector and vendors that builds transparency, trust, and usability into our economic ecosystem. Looking forward to work with you on the evolution of the DPM. See the attached invitation for details.

See the original documents here (developed in the CEN workshop for XBRL) and a list of 121 references to DPM here

ESEF today, ESG tomorrow

Eurofiling event, 11th March. Video & slides published at 2021.eurofiling.info    

Other events:
Data Amplified, 14-16 April 2021. Noon to 5pm UTC each day. Registration open.
27th XBRL Europe Digital week – 27-29 April 2021 – SAVE THE DATE

See full results of the past Eurofiling survey. Many thanks to all the respondents!

Eurofiling Carvings: The new awards in the Eurofiling Hall-Of-Fame are for Luc Dufresne as Founder Eurofiling President, Derek De Brandt as Founder Eurofiling Director, and Elina Koskentalo for her tireless work in Europe and Finland.

Elina Koskentalo and Javier Mora are welcomed as new Board Members as well as Ignacio Boixo as new President of the Board.

Luc Dufresne and Derek De Brandt  step-back from the Eurofiling Foundation Board, while being recognised as Honorary President and Honorary Director.

See details and video on the Eurofiling Celebration of Hope event on December 17.