Taiwan Stock Exchange initiates an XBRL project

Taiwan Stock Exchange initiates an XBRL project

To increase the transparency of listed companies with the ultimate aim of shaping an efficient market, the Taiwan Stock Exchange initiates an XBRL project as a standard for online financial reporting. The project is implementing gradually with 3 phases. 

Phase 1: Launch of XBRL demonstration platform in 2008.

Phase 2: Voluntary filing-4th quarterly report of 2009.

Phase 3: Mandatory filing-2nd Quarterly report of 2010.