BDE updated technical instructions for electronic filing and transmission of financial statements by banks, according to the eXtensible Business Reporting Language (XBRL) standard and other financial documentation. The technical instructions specify that the statements and financial documentation must be presented in accordance with the standards and specifications issued for this purpose, as established by the provisions of BDE. The statements not yet available in XBRL format can be presented in plain text format, according to the technical specifications described in the instructions (IE 1996.07) on standards for presentation of financial statements of credit institutions. As per the instructions, reporting entities are responsible for authenticity of declared data and must make the necessary corrections.
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Keywords: Europe, Spain, Banking, Instructions, XBRL, Reporting, BDE
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The European Commission (EC) published a public consultation on the review of revised payment services directive (PSD2) and open finance.
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