- ESMA the EU’s securities markets regulator submitted its response to the EC targeted
consultation on the ESAP - ESMA recommends a phased approach, which should prioritise financial and non-financial information of public companies
- A single access point for information about companies one of the key missing
components of the Capital Markets Union - ESMA fully supportive of the ambition to set up the ESAP as it increase investor trust in companies across the EU
- ESMA also believes that full benefit of the ESAP reaped only if information included in the single database
- Encourages the EC to carefully weight the scope of the ESAP versus feasibility and operability considerations
