BRUSSELS, June 29 (EUROPA PRESS) –
The countries of the European Union agreed on Wednesday their position on the proposal for a single European access point (ESAP), a public information platform on EU companies and community investment products, and they defend that a gradual introduction be carried out so that it is operational between 2026 and 2030.
The Council has also indicated that the national authorities must be in charge of collecting this data for the platform, without this implying additional information requirements for European companies.
This proposal is part of the Capital Markets Union package presented by the European Commission in December last year and the Council’s position must now be negotiated with the European Parliament.
This instrument aims to facilitate the attraction of investment for European companies and financial products considering that, through the platform, they will have easy access to relevant information.
The idea is that the platform includes public information from companies on the consolidated annual financial statement, consolidated management reports, audit reports and reports on payments to governments.
In addition, the European Insurance and Retirement Pensions Authority (AESPJ for its acronym in English) will present to the European Commission the set of technical standards for the execution of this project and will establish the additional metadata that will accompany the information, will define the structuring of data in the information and what format should be used.
