EFFAS: Lack of Quality Assurance System Jeopardises Capital Markets Union
April 9, 2024. EFFAS, the European Federation of Financial Analysts Societies, participated in the consultation of ESMA on the European Single Access Point (ESAP) closed on 8 March 2024.EFFAS states: “In the age of automation, AI and complex electronic reports from issuers, such as IFRS consolidated financial statements and future reports in accordance with the […]
Institutional Money: DVFA participates in ESMA consultation on ESAP
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 […]
Börsen-Zeitung: DVFA calls on ESMA to establish a quality assurance system for the new ESAP
Risk of data waste of complex electronic reports according to IFRS/ESEF, ESRS March 19, 2014. The DVFA, the association of investment professionals in Germany, is calling for a uniform EU-wide quality assurance system. This is essential to ensure a minimum technical quality on the new EU uniform access point (ESAP) for capital market data. The […]
DVFA calls for uniform EU quality assurance software for ESEF financial and ESRS sustainability reports from ESMA
March 8. 2024. As part of the ESMA consultation on the new European Single Access Point (ESAP), the DVFA, the association of investment professionals in Germany, criticized the lack of a quality assurance system as a serious design flaw in the ESAP. The DVFA Commission for Corporate Analysis, of which I am a member and […]
DVFA participates in ESMA consultation on ESAP – Lack of quality assurance system endangers Capital Markets Union
March 8, 2024. The DVFA, the association of investment professionals in Germany, took part in the ESMA (European Securities and Market Authority) consultation on the subject of ESAP (European Single Access Point). The DVFA Commission for Corporate Analysis, of which I am a member and focus on digitalization issues, has submitted a detailed statement to […]
European Single Access Point (ESAP): ESMA consultation on draft ITS
January 8, 2024. ESMA launches a consultation on the technical specification (ITS, implementing technical standard) of the new European Single Access Point (ESAP). ESMA writes: “The establishment of the European Single Access Point (ESAP) is a flagship action of the Capital Markets Union Action Plan. The purpose of the ESAP is to facilitate access to […]
Future European Single Access Point (ESAP) – draft directive from the EU Commission
Last week, on November 25th, 2021, the EU Commission adopted a comprehensive package of measures with the aim of improving the transparency of company and commercial data. Part of this package of measures are the draft guidelines for the European Single Access Point (ESAP), which are now available. Among other things, a central access option […]
DVFA statement on the consultation of the EU Commission “European Single Access Point (ESAP)” – 2021
The German association of Investment Professionals (DVFA) commented on the EU Commission’s consultation in January 2021 on the establishment of a “European single access point (ESAP) for financial and non-financial information publicly disclosed by companies”. The Corporate Analysis Commission, of which I am also a member, has commented on this in detail. The statements of […]