• Doing business with the FSA
  • Being regulated
    • Reporting Requirements
      • Integrated Regulatory Reporting
        • Mandatory Electronic Reporting
          • System development
            • Overview of submission methods

We recognise that the GABRIEL solution is a large and complex development. We therefore propose to reduce the impact and risk to firms by phasing the implementation.

The GABRIEL System

The GABRIEL system will offer a range of functionality for use by regulated firms, which they will be able to access via a secure website. As well as being able to complete and submit regulatory data, firms will also be able to:

• View their schedule of reporting requirements for the following 12 months
• View previous submissions
• Set up and manage users
• Download or print reporting forms
• Make a request to resubmit regulatory data
• Practice submissions using a Trial System facility
• Access Computer Based Training

Firms subject to the Capital Requirements Directive (CRD) and the Markets in Financial Instruments Directive (MiFID) will be asked to submit specified data items during 2007 and 2008 and details of these can be found on our Reporting updates page.

Our position on XBRL

In November 2006 we issued a statement which reiterates the FSA's position with regards to the usage of XBRL.

FSA Statement on use of XBRL