JURSIDICTION SNAPSHOT:



Country: Italia
Status: Full Jurisdiction
Jurisdiction Name : xbrl.it
Website : http://www.xbrl.org/it
Membership Count: 26
IFRS Adoption for Public Companies: Required for all domestic listed companies

 

REGULATORS:
Companies Registrar: Infocamere
Banking Supervisor: Bank of Italy (Banca d'Italia)
Securities Regulator: Commissione Nazionale per le Societa e la Borsa

 

PRINCIPAL EXCHANGES:

Borsa Italiana

XBRL PROJECTS OVERVIEW:

Borsa Italiana Mandatory Filing
Camera di Commercio Voluntary Filing

JURISDICTION MEMBERSHIP:

Assirevi
Associazione Bancaria Italiana
Associazione CBI
Associazione Italiana Analsti Finanziari
Associazione Nazionale fra Impresse Assicuratrici
Asspciazione fra le societa Italiane er Azioni
Banca d'Italia
Banca Populare di Ragusa
Borsa Italiana
Centrale Bilanci
COFACE
Confapi
Confcooperative
Confederazione Generale dell'Industria Italiana
Consiglio Nazionale Dottori Commercialisti ed Esperti Contabili
Consiglio Nazionale Notariato
Federconfidi
FITD
ISTAT
Istituto Italiano Vigilanza Assicurazioni
Legacoop
Organismo Italiano di Contabilita
Patti Chiari
Union Camere di Commercio Italiane
Universita di Macerata
Universita di Trento


PROGRESS REPORT:

In May 2007, XBRL International approved the Italian
provisional XBRL Jurisdiction.


The members of the Italian XBRL Association include the
major Italian public authorities and institutions in the field of
financial information.


FOUNDING MEMBERS:
• Associazione Bancaria Italiana
• Associazione Italiana Analisti Finanziari
• Consiglio Nazionale Dottori Commercialisti ed Esperti
Contabili
• Confederazione Generale dell’Industria Italiana
• Associazione Nazionale fra Imprese Assicuratrici
• Associazione fra le società italiane per azioni
• Organismo Italiano di Contabilità
• Unione Camere di Commercio Italiane
• Banca d’Italia
• Borsa Italiana
• Istituto Italiano Vigilanza Assicurazioni
ORDINARY MEMBERS:
• Assirevi
• Associazione CBI
• Banca Popolare di Ragusa
• Centrale Bilanci
• Confapi
• Federconfidi
• FITD
• ISTAT
• Legacoop
• Patti Chiari
• Università di Trento
SUPPORTER MEMBERS:
• Engineering
Office holders:
• Gianfranco Torriero (Chair, ABI ),
• Marco Conte (Unioncamere)
• Piero Di Salvo (OIC).

The newly-created association reaches a community of:
• 100,000 registered professional accountants;
• 104 Chambers of Commerce
• 1,100 financial analysts
• 246 associated industrial enterprises
• 193 insurance companies
• 812 banks
• 454 financial institutions
• 300 listed companies
The following projects have been initiated:
• WG for development of IFRS-based taxonomies for
financial reporting of listed
• companies and other PIEs, based on IFRS
• WG for development of Taxonomies based on Italian
GAAP, for financial
• reporting of non PIEs/national accounting standards
• WG for the data analysis of mandatory
communications and information provided by PIEs to
the Regulator CONSOB.
• WG for electronic processing of bank loans
• WG for technology consistent development
• WG for System Procedure for Loans from origination
through approval - PEF
• WG for public administration’s balance sheet
• WG for electronic invoicing
• Decree of the President of the Council of Ministers
(DPCM) about the deposit of balance sheet to the
Register of Companies.


Events:
The first Italian conference took place on the 21st-22nd of
January 2008 in Rome. This conference represented a
milestone for the launch of XBRL- based technology in the
Italian economic and financial environment.


For any further information:
Noemi Di Segni