FSA adopts XBRL reporting

The Financial Services Authority has joined XBRL UK and will use the XBRL reporting language from 20...

The Financial Services Authority has joined XBRL UK and will use the XBRL reporting language from 2005 to collect firms' regulatory returns electronically. David Anderson, the FSA's head of information management, said: "The use of XBRL will improve the effectiveness of our regulatory reporting function, provide greater transparency, and ensure that we are more responsive to changing data needs."

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