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Similaire à Fee Xbrl Webcast Piotr February 17, 2009
Similaire à Fee Xbrl Webcast Piotr February 17, 2009 (20)
Fee Xbrl Webcast Piotr February 17, 2009
- 1. XBRL driving forces XBRL Simplification Crisis Stoiberg De Larosiere G20 EU Council EP COM MS
Notes de l'éditeur
- The main EU policies driving the concept of harmonizing the business data and identifying XBRL as the only available, royalty-free, quality, global standard. The Barroso Commission, on its outset, decided to provide a meaningful follow-up on the Simplification initiative , by targeting the 25% administrative burden reduction for businesses. A specialized HLG chaired by Mr Stoiberg was created. FEE’s former President, Mr Jacques Potdevin was one of the Group’s members. Also the MS used various opportunities to contribute to this initiative, providing policy initiatives and their expertise enriching the EU approach. The financial crisis , looming since early 2008, provided new challenges the EU institutions were expected to confront: the global and European supervisory structure, market transparency and confidence. Other institutions made significant contributions towards forging a common view: the Council and the Parliament . Now we are all breathlessly watching the next moves of the de Larosiere Group, and subsequently the G20 recommendations as regards the anti-crisis measures to follow.