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Implementation of XBRL for financial data reporting

February 8, 2006
Bank of Japan
Financial Systems and Bank Examination Department

The Financial Systems and Bank Examination Department of the Bank of Japan has developed a new data transfer scheme based upon the latest XBRL technology, in order to improve the efficiency of gathering data from financial institutions. The system has now been installed and is going live from today. Initially, the system will gather monthly B/S data, then the range of data collected will be expanded gradually.

Note: XBRL (eXtensible Business Reporting Language) is a data format developed to facilitate the transfer of financial data between computers. Based upon XML technology, it is specially designed for transferring financial data, and has a unique feature that allows it to handle both the data and its attributes at the same time.

[ Image of data transfer using XBRL ]

For further information, please contact;

E-mail: post.bsd5@boj.or.jp
Yoshiaki Wada +81-3-3277-1478

Financial Data Center, Financial Systems and Bank Examination Department