Articles - EIOPA begin technical consultation-Solvency II XBRL Taxonomy



 The European Insurance and Occupational Pensions Authority (EIOPA) is currently developing harmonized Solvency II Quantitative Reporting Templates.Within the scope of this work, EIOPA is also developing XBRL taxonomy describing the Solvency II reporting in the harmonised data format to be used for the transmission of Quantitative Reporting Templates.

 EIOPA invites market participants and other interested parties to provide feedback at this early stage while technical choices and solutions within the taxonomy are being developed.

 The goal of this technical consultation is to receive evidence and information for quality assurance of XBRL taxonomy, identify and mitigate implementation risks (resources, cost, time, etc.) and to investigate mechanisms for XBRL taxonomy maintenance.

 This consultation starts on Friday, 22 July, 2011 and ends on Wednesday, 7 September, 2011 at 18.00 HRS CEST. Comments can be submitted by email to consultation.taxonomy-201107{at}eiopa.europa.eu using the template for responses.

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