argomento: News del mese - Diritto Internazionale e Comunitario

Articoli Correlati: ESMA - RTS - IFRS foundation

On 18^th June, 2020, the European Securities and Markets Authority (ESMA) published a draft amendment to the Regulatory Technical Standards (RTS) on the European Single Electronic Format (ESEF). This kind of amendment is strictly confined to the technical aspects of the standards and it has been updated on the basis of the 2020 version of the International Financial Reporting Standards Foundation (IFRS) taxonomy that was issued by the same foundation this March. The effects of the new Technical Standards will run from January 1^st, 2021, so that every interested party has the time to adopt its procedures to the new standards; still it is possible to voluntarily adopt these methods in 2020. The mechanism that allows RTS to evolve step by step together with IFRS defined standards helps to promote an updated electronic reporting with new reporting standards, facilitating implementation of the tagging requirements and ensuring the highest comparability of filings for end-users at European and global level.