SIGD COFINREP – one IT project / two business domains

SGCB

COFINREPOne IT project – two business

domainsSteering commitee COREP-XBRL

3 juin 2005

Secrétariat général de la Commission bancaire

SIGD COFINREP – one IT project / two business domains

SGCB

2

SIGD COFINREP – one IT project / two business domains

SGCB

One IT project

CEBS promotes the XBRL

technology=> An opportunity to use an

open standard and to prepare

the progressive evolution of

the information system

towards new technologies

3

SIGD COFINREP – one IT project / two business domains

SGCB

One IT project

Supervisory needs in the scope of

XBRL

=> Exchanges of financial

reporting between supervisors

and banks

4

SIGD COFINREP – one IT project / two business domains

SGCB

Two business domains

Two european harmonised

reportings with brand new type of

information (COREP & FINREP)

=> easier for supervisors and

banks to integrate a new

technology

5

SIGD COFINREP – one IT project / two business domains

SGCB

Conclusion

The project COFINREP for COREP & FINREP templates,

to receive XBRL instances from

banks

progressively integrate

XML/XBRL tools in our

information system (for banks,

maybe also)

6

SIGD COFINREP – one IT project / two business domains

SGCB

Conclusion

economy of scale for

supervisors, banks and software

industry one technical solution

applied for two new business

domains with parallel timetables

SIGD COFINREP – one IT project / two business domains

SGCB

Questions ?

Secrétariat général de la Commission bancaire

SIGD COFINREP – one IT project / two business domainsSGCB