XBRL Europe has set the following various dedicated Working Groups to meet its objectives:
- Bank and Insurance Working Group – Contributes to the EBAs initiative to harmonize the COREP and FINREP frameworks, works with EIOPA on Solvency II taxonomy – Co-Chairs: Vincent Le Moal-Joubel (XBRL France), Thomas Verdin (XBRL UK, XBRL Europe).
- XBRL Europe Standard Roadmap Working Group – Created in 2023 to link the XBRL standard improvements and roadmap to European Supervisory Reporting requirements. Chair: Thomas Klement (XBRL Germany)
- Standard Business Reporting Working Group – Identifies and provides guidance on best practices regarding the implementation of SBR – Co-Chairs: Frans Hietbrink (XBRL Netherlands) & Elina Koskentalo (XBRL Finland).
- ESG Working Group – Educates about the different ESG reporting inititatives – Co-Chairs, René van der Meij (XBRL Netherlands) & Patricia Myles (DFIN).
- OAM & Business Register Working Group – Share information between Officially Appointed Mechanisms in the framework of ESEF and liaise with national Business Registers for financial statements in local GAAP. Chair: Krzysztof Jesse (XBRL Germany), Co-Chair: Marco Vianello (InfoCamere Italy).
- Business Registers Networking Group (xEBR WG) – Aims to increase coordination and interoperability for XBRL efforts and taxonomies for European business registers and company information providers – Development of the xEBR taxonomy – Currently NOT active. Last Chair: Thomas Verdin (XBRL UK, XBRL Europe).
- IFRS, Securities and Markets Working Group – Promotes XBRL for European securities and markets, in particular for harmonising the IFRS Taxonomy Extensions considering national law requirements – Currently not active. Last Chair: Pierre Hamon (XBRL France).
- Transactional Reporting Working Group – Promotes the use of XBRL for standardised, transaction-level financial and accounting data exchange, focusing on the development of the next generation of XBRL Global Ledger (XBRL GL Next) and its interoperability with other reporting standards and frameworks.
- Harmonised Auditor’s Statement Taxonomy Working Group – Promotes the digitalisation and standardisation of auditors’ reports and statements using XBRL, focusing on structured, machine-readable audit information, harmonisation of reporting practices, and improved interoperability across European jurisdictions.
Members are invited to participate to working groups. Find information on their dedicated pages or contact us.
