The EU is about to create a single point of access to public financial and sustainability-related information about EU companies and EU investment products. Today, negotiators from the Council and the European Parliament reached a provisional agreement on three proposals creating the European Single Access Point (ESAP), which is part of the Capital Markets Union (CMU) Action Plan.
Free, user friendly, centralised and digital access to financial and sustainability-related information made public by European companies, including small companies, will facilitate the decision-making process for a broad range of investors, including retail investors.
ESAP does not impose any additional information reporting requirements on European companies. This is because ESAP will provide access to information already made public in application of the relevant European directives and regulations. Sustainability information will be made available early on ESAP, supporting the objectives of the European Green Deal.
Under the provisional agreement, the ESAP platform is expected to be available from summer 2027 and gradually phased in to allow for a robust implementation.
Read the full Press Release here.
Source: Press
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