XBRL International, Inc. (XII), www.xbrl.org
announced today it has formed XBRL Europe, a non-profit association
based in Brussels to represent, coordinate and support XBRL members
within Europe in their efforts to drive XBRL strategy and adoption
across the region. Founding members of XBRL Europe are: XBRL Belgium;
XBRL France; XBRL Ireland; XBRL Spain; and XBRL International.
"XBRL Europe builds upon the many successes
XBRL has already achieved through the hard work and dedication our XBRL
members within the EU," said Anthony Fragnito
CPA, CEO of XBRL International, Inc. "XBRL
Europe will enhance existing efforts in the European region through a
consistent process to facilitate dialogue with key stakeholders and
drive adoption among business and financial executives, regulators
analysts, investment professionals and XBRL tool providers."
"Formation of XBRL Europe represents a
significant milestone in the adoption of XBRL," said Conor O´Kelly, Acting Chair, XBRL Europe
Executive Committee and XBRL International Vice Chair of Jurisdictions. "Several
voluntary and mandatory XBRL filing programs are already underway in the
EU and yielding positive results, and XBRL Europe will help coordinate
those efforts, nurture others within the region and coordinate
additional adoption efforts that demonstrate the value and power of XBRL."
XBRL Europe will act as the regional point of contact in Europe for
European institutions and organizations in order to assure the common
promotion of XBRL. XBRL Europe will work with key influencers and
decision makers within European institutions and coordinate
representation of XBRL members´ interests to
those individuals and organizations.
For more information about XBRL Europe, please visit http://www.xbrl.org/eu.
About XBRL International
XBRL International, Inc (XII) is a global consortium using a
collaborative effort to create XBRL, an open source, standard for
business reporting based on XML. This Web protocol is being developed
and promoted by an international not-for-profit consortium of more than
600 major international companies, organizations and government
agencies. For more information about XBRL, please visit www.xbrl.org.
