The 8th XBRL Roundtable was held as a joint program with the n Development Bank (ADB)in Manila,Philippines in the send week of October.Day one of the program started with a launch of ASEAN+3Bond Market Guide for Philippines and updates from ASEAN+3Bond Market Forum (ABMF).The meeting deliberated on different facets of the development of bond markets like n Bonds Online,acunt structure and tax framework.Attendees also heard about a case study of ISO20022implementation by Singapore Exchange.

At the XBRL Roundtable,delegations from Reserve Bank of India,Indonesia Stock Exchange and Securities mission Malaysia shared updates on their current XBRL implementations and future roadmaps.Mr Yoshiaki Wada presented the Japanese ernment’s.XBRL vendors talked about their offerings which included products,implementation services and nsulting.

The Securities mission in the Philippines reported that they have been evaluating the feasibility of implementing XBRL for their reporting and are now going to start the procurement of external technical expertise to help launch their XBRL project.

National Bank of Cambodia,shared that they are eager to start on XBRL implementation for their project,but are still working through the steps prior to launch,including addressing ncerns regarding the technical expertise,size and timing of the project.

Prof Cindy Yoshiko Shirata from cation mittee XBRL Japan had shared her research paper on measuring profitability from Return on Equity (ROE)for Japanese panies.She said that XBRL data is available in Japan for the last 10years,which greatly simplified analysis.XART provided a platform to share ideas and updates in an open and informal way.

On Day 3ABMF and XBRL Joint workshop on data exchange was anised.John Turner,CEO,XBRL International spoke about the role of XBRL International in standardization and global trends in data management.Mr Satoru Yamadera Principal Financial Sector Specialist,ADB emphasised the importance of standardization for efficient data exchange.Attendees heard about XBRL implementation case study from FDIC in the US ,the Bank of England,the Reserve Bank of India,the Indonesia Stock Exchange and the Securities mission Malaysia.They also heard about the different European mandates for standards-based data llection.

The three-day workshop was extremely useful,with a wider audience to whom XBRL was introduced.Thank you to everyone from ADB for making the event possible and to Yoshiaki Wada,Chair of the n Roundtable,for all of his work in making the event a suess.

Members can aess a detailed report of the three day program here.

中文新闻：第八届XBRL亚洲圆桌会议在菲律宾召开