Questioning of members of the AFD on the threshold of the transition to XBLR

21 September 2017

On behalf of the Bank of Russia, the Association of Forex Dealers will conduct a survey of its members on their readiness for the transition to a new reporting format planned for non-credit financial organizations in 2018 – the XBRL (eXtensible Business Reporting Language).

The questioning is carried out within the framework of the project of transition of non-credit financial organizations to XBLR and will last until September 21, 2017. The materials will be sent to the Bank of Russia until September 26, 2017.

The Board of Directors of the Bank of Russia approved the implementation of the project for the transition of NFOs to the electronic reporting format, and initiatives of regulators and interested agencies, market participants and software developers to integrate the single electronic reporting format of XBRL in Russia are now being merged.


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