JURSIDICTION SNAPSHOT:
Country: Nederland
Status: Full Jurisdiction
Jurisdiction Name : xbrl.nl
Website : http://www.xbrl.org/nl
Membership Count: 51
IFRS Adoption for Public Companies: Required for all domestic listed companies
REGULATORS:
Companies Registrar: Netherlands Chamber of Commerce | kamer van koophandel
Banking Supervisor: Netherlands Bank (De Nederlandsche Bank)
Securities Regulator: The Netherlands Authority for the Financial Markets
PRINCIPAL EXCHANGES:
| NYSE Euronext |
XBRL PROJECTS OVERVIEW:
| De Nederlandsche Bank|Dutch National Bank | Voluntary Filing |
| Government of Netherlands NTP | Voluntary Filing |
| XBRL Netherlands | Development |
JURISDICTION MEMBERSHIP:
| ABZ Nederland B.V. |
| AccountView Business Software |
| Adobe Systems |
| Arenthals Grant Thorton Accountants en Adviseurs B.V. |
| Atos Consulting NV |
| CaseWare Nederland |
| CBS |
| Centric IT Solutions |
| Chato d'O |
| College Belastingadviseurs |
| Controllers Instituut |
| Deloitte. |
| Diginotar BV |
| Dun & Bradstreet B.V. |
| Duthler Associates |
| ECP.NL |
| EDP Audit Pool |
| Erasmus Universiteit Amsterdam |
| Ernst & Young |
| Essent N.V. |
| Exact Automatisering BV |
| EzGov |
| FINAN Financial Analyis |
| FIRM Solutions BV |
| Graydon Nederland BV |
| Haagse Hogeschool |
| IBS Nederland BV |
| J2R |
| Koninklijk NIVRA |
| KPMG CT Information |
| LogicaCMG BV |
| Microsoft B.V. |
| Ministerie van Financien |
| Nederlandse Orde van Belastingadviseurs |
| NOREA |
| NOvAA |
| Oracle B.V. |
| Ordina Finance B.V. |
| PinkRoccade Infrastructure |
| PriceWaterhouseCoopers NV |
| Pro Management Automatisering |
| SAP Nederland BV |
| Semansys Technologies |
| Software AG Nederland BV |
| SRA |
| SSC Diaz |
| Thieme Amsterdam |
| TIE Holding |
| Universiteit van Amsterdam |
| Vereniging Kamers van Koophandel |
| Yacht |
PROGRESS REPORT:
XBRL Netherlands, founded in November 2002, has 50
members (Summer 2008).
Highlights in the Netherlands
The most important XBRL-project in the Netherlands is the
Netherlands Taxonomy Project (NTP) lead by the Dutch
Government with the support of many organizations, including
XBRL Netherlands. The main objective is to reduce the
administrative expenses of companies by implementing the
electronic filing of financial, tax and statistical statements for
all companies. The Netherlands taxonomy (NT), developed
and maintained by the Dutch Government, contains the
XBRL data-elements to support the electronic filing. Version
2.1 is available at this moment. The government also
developed, with the support of the business community, an
infrastructure for the exchange of electronic filings based on
Open Standards. XBRL Netherlands and several members
like Royal NIVRA and audit firms are involved in organizing
conferences, meetings and training session, to provide the
information needed for implementation and adoption of
XBRL. More information about this project and the NT can
be found in the report”Functionality and possibilities of the
Dutch taxonomy”, including “Reducing administrative burdens
through standardization”. www.xbrl-ntp.nl.
The NTP is an example of the SBR approach (Standard
Business Reporting) and includes at this moment also
projects by governmental bodies focusing on standardizing
of the information supply chain of organizations involved in
healthcare, agriculture and education. The SBR project also
initiated the standardizing and simplification of the information
exchange between businesses and government and all kind
of regulatory reporting. The Dutch Government is supporting
the SBR projects initiated by the Governments of Australia
and New Zealand
Two major Dutch banks – ABN AMRO and Rabobank -
publicly stated at the last XBRL conference in May 2008
in Eindhoven, they are going to collect financial information
for credit risk rating in XBRL format and deal with this kind
of information online real-time. This approach fit into the
development of more competition between banks in granting
of credit to SMEs’. They also developed an extension on the
NT to be used for these credit risk filings (based on Basel
II). The Dutch Central Bank is able to receive XBRL-filings
(CEBS-project).
XBRL Netherlands is one of major supporters and founding
members of XBRL Europe.
For more information about XBRL Netherlands, please visit
www.xbrl-nederland.nl or contact;
Jan Pasmooij, Manager ICT Knowledge Center, Royal NIVRA
and Chair XBRL Netherlands