XBRL International has appointed Gilles Maguet as secretary general of XBRL Europe, giving him the job of promoting the adoption of the Extensible Business Reporting Language in Europe.
Maguet will lead the organization's efforts to encourage businesses to use interactive data tags in financial reports. In the United States, XBRL US has been working with the Securities and Exchange Commission to push XBRL. Earlier this month, the SEC voted to issue a proposed rule to begin requiring companies to file financial statements in XBRL, which makes the data easier for investors to compare and analyze (see SEC Votes for Mandatory XBRL Filing).
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