March 20, 2024. Institutional Money published an article on DVFA’s statement on the ESMA consultation.
Excerpts from it:
“The DVFA supports the ESAP concept, but we see an urgent need to supplement a quality assurance system,” said Thorsten Müller, CEO of the DVFA – association of investment professionals in Germany.
In my role as the digitization expert in the DVFA Commission for Corporate Analysis, I added: “We should urgently learn from the US SEC’s experiences with inadequate data quality of machine-readable data. Analogous to the validation engine in the USA, ESMA should have software developed for a uniform quality assurance system, which will be made available to the national submission authorities via an open source license for mandatory implementation in the submission interfaces.“
March 20, 2024. Institutional Money published an article on DVFA’s statement on the ESMA consultation.
Excerpts from it:
“The DVFA supports the ESAP concept, but we see an urgent need to supplement a quality assurance system,” said Thorsten Müller, CEO of the DVFA – association of investment professionals in Germany.
In my role as the digitization expert in the DVFA Commission for Corporate Analysis, I added: “We should urgently learn from the US SEC’s experiences with inadequate data quality of machine-readable data. Analogous to the validation engine in the USA, ESMA should have software developed for a uniform quality assurance system, which will be made available to the national submission authorities via an open source license for mandatory implementation in the submission interfaces.“
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