In this session industry experts provide valuable insights into the evolving standards of data collection in regulatory reporting.
The panel includes:
- A short presentation on the recent evolution of the XBRL standard and why these changes were needed to support the future of data collection in Europe and beyond.
- Practical experience shared from the Bank of England in designing technical standards for data collection across multiple regulated industries.
- Discussion on how data standardisation initiatives can reduce the burden of regulatory reporting and how such initiatives impact the regulated firms, regulators and software vendors.