We are pleased to share the news that the nsortium’s newest Jurisdiction is XBRL Russia.The Jurisdiction is being facilitated by the Central Bank of the Russian Federation (CBRF)and brings together multiple stakeholders in support of the CBRF’s project to implement XBRL reporting for non-bank financial institutions (NFIs).The move to XBRL is in njunction with a gradual transition to a unified chart of acunts and industry acunting standards based on IFRS.The Bank of Russia hopes to achieve higher data reliability and quality,rced filing burdens for regulated entities and to eliminate duplication of filing requirements.Starting a Jurisdiction is an important step for regulators looking to implement XBRL.It gives form and structure to stakeholder engagement and nnects the local XBRL mmunity to a host of experts from around the world willing to provide insight and guidance.We ngratulate Russia on this important step and are ready to work with the CBRF and the other stakeholders to make sure their implementation is a suess.

Our Membership Development mittee stands ready to assist groups looking to form a Jurisdiction. Learn more.

中文新闻：俄罗斯被接纳为XBRL地区组织