The Financial Services Authority Names Cormac McKenna
to the Technical Working Group of the Software Suppliers Advisory Panel
April 6, 2004 – London, UK – Fujitsu Software Corporation (FSW) today announced that Cormac McKenna, architect of Fujitsu’s Interstage Suite, has been chosen by the Financial Services Authority (FSA) to be part of the Technical Working Group (TWG) for the newly established Software Suppliers Advisory Panel (SSAP). The panel will provide guidance and common understanding of the eXtensible Business Reporting Language (XBRL), the chosen technical standard for electronic reporting, to the ISV community in preparation for introduction of Integrated Regulatory Returns (IRR) from April 2005.
The transition to mandatory electronic reporting will commence on 1 April 2005 for firms coming under the new general insurance and mortgage regulation and for retail investment firms. Concurrently, mandatory electronic reporting of complaint data...