Malta:
ESMA Issues Consultation Paper On The ESEF
13 October 2015
GVZH Advocates
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By virtue of the amended Transparency Directive
Issuers listed on regulated markets are required to prepare their
annual financial reports (AFR) in an European Single Electronic
Format (ESEF) from 1 January 2020.
There are two objectives behind the ESEF:
- To facilitate the submission for issuers;
- To facilitate the accessibility, analysis and comparability for
investors and regulators.
To this end, ESMA launched a consultation on the regulatory
technical standards pertaining to the ESEF which also explores ways
forward with respect to the establishment of an ESEF.
The consultation closes on 24th December 2015, and the relevant
link can be found here, whilst the link to the MFSA
Circular can be found here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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