Eumedion supports the establishment of a European Single Access Point
News · 03-03-2021
Financial
and non-financial information of listed companies should as soon as possible be
made available in a centralised European database. This publicly accessible
database will support institutional investors in gathering and processing
relevant information on investee companies, as Eumedion writes today in its response to the European Commission’s consultation on the establishment of a
European Single Access Point (ESAP).
Essential
to the success of this database is a large coverage of structured data. It is
therefore of crucial importance that also non-financial information is digitally
tagged and filed in a uniform manner. Of particular importance to institutional
investors is furthermore the alignment of company filings in ESAP with
reporting requirements such as those stemming from the Sustainable Finance
Disclosure Regulation and the Taxonomy Regulation. To ensure a speedy start to
the ESAP, Eumedion suggests the European Commission limits the scope of the
ESAP to both financial and non-financial information that listed entities are
required to make public due to the fact they have, or aim to list, securities
on a European regulated market.