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FDIC to Host June 27 Conference Promoting the Enhancement of Business Information using "XBRL"
Announces Keynote Speakers and Agenda
The Federal Deposit Insurance Corporation (FDIC) today announced speakers
for a June 27 conference on eXtensible Business Reporting Language (XBRL).
The day-long conference, which is open to the public and free of charge,
is being hosted by the FDIC at its facility in Arlington, VA. The conference
is organized by XBRL-US, the U.S. jurisdiction of the XBRL International
Consortium, an organization with over 350 member organizations worldwide
that are working to develop and promote the adoption of XBRL as the standard
electronic language for communicating business information.
Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,790 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars –insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet
at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html)
and may also be obtained through the FDIC's Public Information Center
(877-275-3342 or 703-562-2200). PR-58-2006
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