argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: ESMA - ESRS - EFRAG

On August 8^th, 2022, the European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, had a chance to comment on the first set of draft of European Sustainability Reporting Standards (ESRS) when the European Financial Reporting Advisory Group’s (EFRAG) agreed to open a public consultation. In its response, ESMA strengthen its positive opinion on strong materiality assessment; on the other hand, the securities market regulator had to suggest that the approach of the rebuttable presumption can create some difficulties in this scenario. ESMA also pointed out the fact that the European Financial Reporting Advisory Group should keep its contact with International Sustainability Standards Board to help maintaining the same concepts and levels on the required standards. On the same draft, not only ESMA had to deliver its opinion ad comments, but also other entities that are concern with the matter and, specifically, EBA and EIOPA whose opinion are to be delivered. Subsequently, EFRAG will send the final draft to the European Commission in November 2022 together with a new opinion of ESMA on the last modifications.