Jean-Luc Menda, Deputy Director, Policy and Research, Banque de France
I am XBRL in Action because I completed the first XBRL project in France in the field of banking supervisory reporting through the COREP and FINREP initiatives. This project, closely coordinated at the European level, allowed banks to submit reports resulting from the implementation of Basel II and the new IFRS accounting standards for the banking sector. In this project, XBRL was used for the first time in order to manage very complex reporting.
