XBRL reports validation by the Supervisor:
Case study
THE BANK CAME FORWARD ON THE IMPLEMENTATION OF AN XBRL VALIDATOR THAT WAS TO BE A SYSTEM’S COMPONENT OF THE BANK
NEEDS
- Validation of the reports prepared according to an XBRL taxonomy, developed by EBA and EIOPA
- Generating error messages
- Validator that is a component of the existing Bank’s system
SOLUTION
- Implementation of inSISt – an XBRL validator for Solvency II and EBA ITS reporting