ESEF filings

ACCESS TO REGULATED INFORMATION

The Transparency Directive requires regulated information disclosed by issuers having shares admitted for trading on regulated markets to be compiled in national databases, the so-called Officially Appointed Mechanisms, or “OAMs”. Below ESMA provides links to the various national databases.

One-year optional ESEF postponement

See here the official ESMA announce (last update on: 15 March 2021)

European Parliament and the Council agreed to include in the package an amendment to Directive 2004/109/EC (Transparency Directive) allowing for a 1-year postponement of the obligation for listed companies to draw up and publish their annual financial reports in accordance with the European single electronic format (ESEF).

If issuers choose to publish their annual financial reports in ESEF in 2021, they will have to comply with all the relevant requirements of the Transparency Directive, including the audit of financial statements (see in particular Commission interpretative Communication on the preparation, audit and publication of the financial statements included in the ESEF-annual financial reports).

List of Member States opting for a 1-year ESEF postponement (until 2022): Belgium, Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland, France, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Spain and Sweden.