Australia Jurisdiction: XBRL-AU Member : Full Member (2005) Government of Australia, Department of Treasury sponsored Standard Business Reporting (SBR) project to reduce compliance burden on taxpayers. Australian Government investment AUD350m When launched in July 2010, SBR will not only reduce the costs of reporting financial information to government, it will also help the business community to improve the quality of both internal and external reporting. Reporting effected includes, annual financial reports, business activity statements, tax returns, and payroll tax. Led by the Treasury, the government agencies involved are the Australian Taxation Office, Australian Securities and Investment Commission, Australian Prudential Regulation Authority, and the state and territory revenue offices. The Standard Business Reporting (SBR) Conference will be taking place on 26 and 27 May 2009 in Sydney, and on 29 May 2009 in Melbourne. Led by the Australian Treasury, the SBR Conference is being held in preparation for the launch of SBR in July 2010.

La Belgique Jurisdiction: XBRL-BE Member : Full Member (2004) 182.000 annual accounts in XBRL format with National Bank of Belgium (NBB) have been successfully filed at Aug2007 (88% of all filings). NBB and the Banking, Finance and Insurance Commission (BFIC) have developed Belgian extensions to the European FINREP and COREP taxonomies.Basle II,COREP XBRL reporting mandatory from 1 January 2008. First XBRL FINREP reports are expected by 15 December 2007 and cover the third quarter of 2007. The Directorate-general Statistics and Economic information (former National Institute for Statistics) is currently involved in a study to develop an XBRL application allowing companies to fill in surveys about their structure, using data from annual accounts. This project is linked with Eurostat and is scheduled to be finalized in 2008.

Brazil The strategy of Brazil is being to host XBRL in a National Institution, supported by regulators and associations, as the implementation body. Brazilian Accounting Federal Council (CFC) is the major host for XBRL, through an organization (belonging to CFC) which is called CPC (The Brazilian FASB) CFC (the owner institution) created the Brazilian XBRL Implementation Comission as an independent group but to be supported by CPC and its members. Other supporting members include BOVESPA – (Sao Paulo Stock Exchange); CFC – (Accounting Federal Council); FIPECAFI – (Financial and Accounting Research Institute Foundation); and IBRACON – (Brazilian Institute of Independent Auditors). Banco Central do Brazil CVM - MOBILIARY COMMISSION FEDERAL TAX REVENUE SECRETARY.

Canada Jurisdiction: XBRL-CA Member : Full Member (2005) Jan2009 the Expert Panel on Securities Regulation, chaired by former federal cabinet minister Thomas Hockin, delivered its final report (together with a draft Securities Act) to the federal Minister of Finance and the provincial and territorial Ministers responsible for securities regulation. The result of the panel’s ten months of deliberations is the recommendation that the regulatory system be overhauled and modernised, and the 13 provincial securities regulators unified into a single national securities regulator. In order to ease the transition to IFRSs with XBRL the Canadian Institute of Chartered Accountants (CICA) and the Canadian XBRL jurisdiction (XBRL Canada) have contributed to the development of the Convergence Assistant (CA), a web-based application that makes possible the standardisation and conversion of charts of accounts and trial balances to different XBRL taxonomies. The CA is a showcase of the XBRL International Global Ledger (GL) Taxonomy.

Chile on 17 November 2008 the Superintendencia de Valores y Seguros (securities and insurances superintendency, SVS) published the final version of the Taxonomy-CI-CL SVS. The launch of the taxonomy follows two public briefings held by the SVS on 4 November 2008 to inform and advise companies on the implementation and adoption of XBRL for financial reporting under IFRS. Plans for an interactive online platform (to be made available in 2009) were also announced.

China Jurisdiction: XBRL-CN Member : Provisional Member (2008) Mandatory filing required by China Securities Regulator for all listed companies from 2009 The Shenzhen Stock Exchange (SZSE) launched a new XBRL service platform for listed companies on 12 February 2009. Based on a 2008 pilot website used for the first XBRL filings, the improved platform enables investors to view, analyze and download the reports of all 740 companies listed in Shenzhen from 2004 to 2008. In partnership with the IASC Foundation, the Ministry of Finance, PRC, recently printed a Chinese version of the IFRS Taxonomy Guide. Together with the China Regulatory Securities Commission, the Ministry of Finance, PRC is leading the development of an XBRL taxonomy based on the IFRS Taxonomy. A Chinese translation of the IFRS Taxonomy 2008 is already available.

Deutschland Jurisdiction: XBRL-DE Member : Full Member (2004) 2.5 million German small and midcap companies are able to report in XBRL format (those using the bookkeeping services of DATEV) without any own investment. Jan 2007- XBRL enabled filing with German Public Register Authority (Bundesanzeiger): about 1 million entities.

Dansk Jurisdiction: XBRL-DK Member : Full Member (2005) DCCA companies agency portal model, stats, finance, tax, relaunched with 2.1 DCCA mandatory filing announced for 2008 COREP/FINREP at rollout stage.

éire Jurisdiction: XBRL-IE Member : Full Member (2004) Irish GAAP taxonomy updated for FRS 20-29. The Irish Government review has endorsed the early adoption of mandatory electronic filing along with XBRL financial statements. The reports calls for Companies Registration Office (CRO) and Revenue Commissioners to work closely together and to engage with accountancy bodies to produce a cross-agency result which can be replicated by other Government agencies through their existing customer service mechanisms. The High-level Group also suggests that companies that maintain the e-profile and file accounts through XBRL should not be required to file duplicate information with any other Government Department, Agency or Office. In summary, the Group believes that by introducing a simultaneous return date to CRO and Revenue, by phasing in mandatory e-filing, including accounting data in XBRL-format, and by ensuring that agencies can cross-access data, the burden on Irish business will be considerably reduced. COREP/FINREP: Optional.

Espana Jurisdiction: XBRL-ES Member : Full Member (2004) Stock Exchange Supervision: 12.000 filings/year. Banking Supervision: 800 Banks x 4 filings year = 3.200 filings/year (Public Information) From 2.008, the same volume for Basel II (COREP) Approx figures: 2007= 19.200 filings 2008= 32.200 filings February 2009 the Boletín Oficial del Estado (the official journal of the Spanish Government) published Order BOE JUS/206/2009, mandating all companies to submit their financial statements in XBRL. The initiative will be implemented using PGC2007 , the XBRL standard for the GAAP 2007 developed by the Institute of Accounting and Audit (ICAC), INTECO, FUNDETEC, Companies Registry, XBRL Spain, and financial institutions and software developers. Hopes are that 600,000 XBRL reports will be generated in the first year. If this figure is reached then Spain would be the international forerunner in the XBRL community with the largest number of available XBRL instance documents and the largest number of entities using XBRL.

La France Jurisdiction: XBRL-FR Member : Full Member (2005) Taxonomie Comptes annuels (TCA) which is currently being validated by the Conseil national de la Comptabilité (CNC), the French national council for accounting. will be adopted as the taxonomy for French GAAP, for use in social accounts reporting. Feb09 i-greffes.fr, was launched by Infogreffe, the French companies registrar. The new portal provides much more functionality (including the generation of XBRL-format reports) and represents a major step towards compliance with the ministerial directive calling for the electronic filing of financial statements. An estimated 800,000 annual accounts will be posted in XBRL format via the portal, thus improving the quality and accessibility of legal information for French companies. Dec08 the exposure draft of the Taxonomie Système Unifé de Reporting Financers (SURFI) was published, containing 2,000 elements and 23 dimensions. Initially launched in June 2007as a major project by the Banque de France, the SURFI taxonomy is seen as an important step towards improving the system of collecting financial information. The taxonomy is regarded as ‘unified’ because it will be used by both prudential supervisors and statisticians when providing financial data to the European Central Bank, and also because it allows COREP and FINREP reporting. The first reports generated using the taxonomy are expected from June 2010.

Italia Jurisdiction: XBRL-IT Member : Full Member (2007) The deposit of annual and consolidated accounts has been successfully experimented in May 2007 - filing of about 900 annual accounts with Chambers of Commerce in Italy. Dec08 the Italian XBRL Association released the taxonomy for Italian GAAP, developed by a working group co-ordinated by InfoCamere and including XBRL Italy, the Consiglio Nazionale Dottori Commercialisti ed Esperti Contabili (the national professional and accounting association) and the University of Trento. February 2009 the Italian Official Gazette published the decree signed by the President of the Council of Ministers (Presidente del Consiglio dei Ministri Italiano) for the transmission of annual accounts in editable electronic format (XBRL criteria) to Business Register (1,200,000 annual accounts 2008) mandatory.

Grand-Duché de Luxembourg Jurisdiction: XBRL-LU Member : Full Member (2007) Members : 19 CSSF (Banking Supervisor) has developed the Luxembourg COREP and FINREP taxonomies. The COREP/FINREP reportings are mandatory as from 1st January 2008. The BCL (Luxembourg Central Bank) is currently defining a taxonomy which will be mandatory for non-monetary investment funds reporting from January 2009 onwards. The Central Office for Balance Sheets is finalizing the taxonomy for annual accounts filing which should go live in 2009.

Netherlands Jurisdiction: XBRL-NL Member : Full Member (2002) Dutch Government: eGovernment program scheduled to reduce compliance costs by 350 million/annum. The program is focused on financial, tax and statistical reporting. The Dutch taxonomy version 2.0 will be available end of November 2007 Dutch Government also started to develop an extension on the Dutch Taxonomy to be used by the financial services for credit risk filings (based on Basel II) The infrastructure for electronic filing of financial statements, tax and statistical filings based on XBRL is available. Dutch Government is supporting the XBRL project initiated by the Governments of Australia and New Zealand.

COREP/FINREP: Optional

India Jurisdiction: XBRL-IN Member : Prov Member (2008) Oct08 – Reserve Bank of India launch Basel II Online Returns Filing System (ORFS), an XBRL reporting system to be used by commercial banks for all major filings. The decision follows extensive 2007 pilot study overseen by the High Level Steering Committee, whose representatives included the RBI, the Institute of Chartered Accountants of India (ICAI) , the Indian Banks’ Association, commercial banks and the software industry. Oct08 XBRL India, published the final version of the General Purpose Financial Reporting XBRL Taxonomy for Commercial and Industrial Companies (C&I). Based on Indian GAAP and the architecture of the IFRS Taxonomy 2006. XBRL India has a number of other initiatives: the update of the India Taxonomy C&I to the architecture of the latest IFRS taxonomy, and the development of a taxonomy for the financial sector. XBRL is already implemented at the two largest Indian stock exchanges (Bombay and National ). The Ministry of Corporate Affairs has decided to introduce Extensible Business Reporting Language (XBRL) across the taxation and accounting organizations across India. The ministry has asked the Institute of Chartered Financial Analysts of India (ICFAI).

Isreal In October 2007 the ISA obtained an acknowledgement status of the Israeli XBRL taxonomy. The Israeli taxonomy is based on that of the IFRS, which was prepared by IASB, to which a number of fields have been added according to the requirements of the local legislation. The Israeli taxonomy also includes the translation of all the relevant IFRS terms into Hebrew. During October–December 2007 the ISA has been running a pilot among 61 reporting entities that had implemented the IFRS standards by way of early adoption. Full adoption of IFRS and XBRL began in January 2008. Since January 1, 2008 Israeli public companies are obliged to file their reports to MAGNA (e-filing system at the ISA) using XBRL. The implementation of XBRL up to date has been successful. Except for some minor bugs, the ISA did not encounter any remarkable problems. Nevertheless, it should be emphasized that the implementation of XBRL is dynamic and is requiring continuing adaptation to the various evolving needs of reporting entities.

IASCF

Jurisdiction: XBRL-IASCF

Member: Full Member (2002)

Jan2009 the IASC Foundation released the near final version of the IFRS Taxonomy 2009 for public comment. Amendments to the 2009 IFRS Taxonomy mainly reflect changes in the IFRSs. However, improvements in the syntax (not affecting semantics) of the taxonomy have led to a decrease in size and download time. Interested parties are invited to review the near final version of the IFRS Taxonomy 2009 and submit comment by 24 March 2009.

26 Feb09 -released its IFRS Taxonomy Module Manager (ITMM) for open source. The most recent version of the ITMM has been integrated with the IFRS Taxonomy viewer, supports additional translation linkbases and is ready to support the IFRS Taxonomy 2009.

The IASCF XBRL team is working on formalising its due process for developing the IFRS Taxonomy, which will take the form of an XBRL team Due Process Handbook on XBRL activities.

Feb2009 the IASC Foundation released the simplified Chinese translation of the complete label linkbase for the IFRS Taxonomy 2008, the first translation of the IFRS Taxonomy 2008. Full details on translations at the IASC Foundation, including translations of the IFRS Taxonomies, are available

Japan Jurisdiction: XBRL-JP Member : Full Member (2004) XBRL filings available with Bank of Japan, Tokyo Stock Exchange and Japan Tax agency. Taxonomy alignment program underway between IASB, US SEC and Japanese Financial Services Agency on interoperability of Japanese taxonomy with IFRS and US GAAP taxonomies. Initiatives underway for single filing solution between Bank of Japan, Tax Agency and Tokyo Stock Exchange to reduce compliance cost for filers Since XBRL filing was made mandatory in April 2008, over 3,000 Japanese listed companies have provided the Financial Service Authority of Japan with their periodic statements through the EDINET system. Most of the filed information is also available on TDNet, the Tokyo Stock Exchange system. On 3 March 2009 over 300 people attended the XBRL Symposium in Tokyo organised by XBRL Japan. Tatsumi Yamada, IASB member, and Olivier Servais, Director—XBRL Activities, gave an update on the IASC Foundation’s plan.

Korea Jurisdiction: XBRL-KR Member : Full Member (2005) FSS (Financial Supervisory Service) XBRL Project Since October 1 2007, FSS has mandated for listed companies to submit their financial statements included to annual report, semi-annual report, quarterly report in XBRL format on its DART* System. * DART(Data Analysis, Retrieval and Transfer System) is an electronic disclosure system that allows companies to submit disclosures online, where it becomes immediately available to investors and other users. XBRL Korea is currently working to translate ‘the XBRL specifications(XBRL 2.1, FRTA, FRIS, etc.)’ into the Korean language and to prepare ‘the XBRL taxonomy recognition rule’ and ‘the guidelines for XBRL taxonomy recognition process’ of the Jurisdiction. These projects finished 2008.

Polska Jurisdiction: XBRL-PL Member : Prov. Member (2005) National Bank of Poland (NBP): obligatory implementation of FINREP and COREP taxonomies (first instances have been collected Q4 2007), Monitor Polski B (institution similar to Company House): project related to collection and publishing of financial statements based on Polish GAAP and IFRS. XBRL POLSKA project: development of Polish GAAP taxonomy, translation of IFRS taxonomy labels, Main jurisdiction participants: National Bank of Poland, Warsaw Stock Exchange, Monitor Polski B COREP/FINREP: mandatory

Singapore

The use of XBRL in Singapore is currently driven by the Accounting and Corporate Regulatory Authority (ACRA).

ACRA developed and launched the online tool called the “FS Manager” on 1 May 2007 to enable companies to prepare their financial statements in XBRL for mandatory filing with ACRA with effect from 1 November 2007. The FS Manager which essentially is a guided template, can also produce a Portable Document Format (PDF) version of the financial statements for tabling at the companies’ annual general meetings or other purposes.

Between 1 November 2007 and 31 August 2008, ACRA has received more than 30,000 financial statements filed in XBRL. The launch has been successful with the support of the various stakeholders in the financial reporting process in Singapore.

Switzerland

Jurisdiction: XBRL-CH

Member : Provisional Member (2008)

XBRL CH is a recently founded not-for-profit membership organization. The organization constitutes a Swiss Club in accordance with Article 60ff. of the Swiss Civil Code. The Club is not a commercial entity and is not registered in the Commercial Register. Main purpose of the organization is to increase the awareness, knowledge and understanding of XBRL and its uses in Switzerland;

stimulate and promote the adoption of XBRL in Switzerland;

organize and sponsor the creation and maintenance of taxonomies for the main accounting standards in Switzerland and contribute to the international XBRL development.

Sverige Jurisdiction: XBRL-SE Member : Full Member (2005) XBRL filing program initiated by Bolagsverket ( The Swedish Companies Registration Office) . 5 June 2007 Bolagsverket and XBRL Sweden released two final and approved versions of taxonomies: one for small to mid-size companies (se-smp) and one for the Swedish audit report (se-ar). Voluntary filing for private limited companies.

United Arab Emirates Jurisdiction: XBRL-AE Member : Full Member (2007) On 2 March 2009 XBRL International, Inc. announced the joining of XBRL-United Arab Emirates (XBRL-UAE) to the global consortium to support its efforts to adopt XBRL as the worldwide business reporting standard. XBRL-UAE is the 29th international XBRL jurisdiction to be established.

United Kingdom Jurisdiction: XBRL-UK Member : Full Member (2002) Mandatory filing from 2011. To date in 2007, over 200,000 companies voluntarily report using XBRL to UK regulators. The tax authority, HMRC, has also launched an XBRL service for tax filings. Filing of company tax returns and accounts in XBRL will be mandatory from March 2011. Work is now focused on expanding the scope of XBRL filing under UK GAAP to larger companies. A UK extension to IFRS for publicly listed companies will be released in 2008.

United States Jurisdiction: XBRL-US Member : Full Member (2005) US SEC Proposed Rule: Requires submission of XBRL-formatted financial statements via an ‘XBRL Exhibit’ for annual, quarterly filings and registration statements (and via posting XBRL Exhibit on corporate website) Timing Large accelerated fliers with a worldwide public float of greater than $5 billion- periods ending on or after December 15, 2008 Remaining large accelerated filers –periods ending on or after December 15, 2009 All remaining smaller domestic filers as well as foreign private issuers using IFRS – periods ending on or after December 15, 2010.

South Africa Jurisdiction: XBRL-ZA Member : Full Member (2005) Pilot study by Johannesburg Stock Exchange (JSE) nearing completion. South African resident US SEC foreign IFRS filers driving adoption ahead of United States SEC mandate.

About the Author Conor O'Kelly has served two terms as Vice Chair at XBRL International and is currently Chair of Jurisdiction Development at XBRL International, the non-profit consortium of over 550 members developing the XBRL Standard and a member of the XBRL International Board of Directors. He is the past Chairman of XBRL Europe, the consortium of European XBRL Members , past Chair of XBRL Ireland and represents Ireland on the International Steering Committee of XBRL International. He is a Fellow of the Institute of Chartered Accountants in Ireland with an MSc in IT Management . He has twelve years background in global IT managed services outsourcing, global project management and strategic IT business planning with Hewlett Packard and Ericsson. Mr. O'Kelly is a past member of Council of the Institute of Chartered Accountants in Ireland.