XBRL International (XII) recently concluded its 22nd conference in Brussels, Belgium. One of the significant announcements made during the conference was in the area of insurance: the European Insurance and Occupational Pensions Authority (EIOPA) has chosen XBRL as the Uniform Format for Solvency II insurance reporting across Europe, as announced by Gilles Maguet, Secretary-General of XBRL Europe, the regional body for XBRL jurisdictions in the European Union.

EIOPA is part of a European System of Financial Supervisors that comprises three European Supervisory Authorities, one for the banking sector, one for the securities sector and one for the insurance and occupational pensions sector, as well as the European Systemic Risk Board.

Other XBRL22 news includes:

(1) Pierre Wunsch, Head of Cabinet for Belgian Minister of Finance Didier Reynders, reported that the Belgian National Bank has achieved significant cost reductions, process improvements and lower administrative burden through XBRL. According to Tony Fragnito, XII's CEO, there has been a 35% reduction in Belgium's SME filing fees and more than $17.3 million savings in administrative burden. The Belgian government is currently using XBRL for banking, tax, and business registries. The main attachment as follow:

 CP01-20110519XBRLEurope-GillesMaguetXBRL22.ppt 

 CP09-Academic WrapUp_felden.ppt

 PS6-XBRL UAE - Dr Ryan Lemand_0.ppt

 PS9-Servais-IFRS-International Taxonomy and Converg_0.ppt

 PS10-Harald-XBRLandEbanking-xbrl_2011_0.ppt

 PS15-Kuippers-2011.05.11-XBRLConferenceRKdef_0.ppt

 PS16 - Deloitte - Cees de Boer 20110510_0.ppt

 PS17-XBRL-Shields Deutsche Bank_0.ppt

 PS18-xbrl_at_sap_0.ppt

(2) XBRL Switzerland is now a full voting XBRL jurisdiction.

(3) XII's quarterly magazine, iBR Magazine, has been launched. To subscribe, email subscribe@

Additional information about the Brussels conference can be found at the XII website.