The Central Bank revises Guidance on the Transparency Regulatory Framework to reflect requirements stemming from the ESEF Regulation Securities Markets Regulation All Articles in this Issue On 5 April 2022, the Central Bank updated its Guidance on the Transparency Regulatory Framework to reflect the formatting requirements for the annual financial report prepared in accordance with the European Single Electronic Format (‘ESEF’) Regulation. A PDF version of the annual financial report does not meet an issuer’s obligations under the Transparency Regulations. The issuer should make it clear on their website that the ESEF compliant accounts are those that comply with the Transparency Regulations. Issuers must also submit to the Central Bank the annual financial report prepared in accordance with the requirements of the ESEF Regulation. Annual financial reports submitted in other formats do not meet the requirements of the Transparency Regulations. More information: https://www.centralbank.ie/regulation/industry-market-sectors/securities-markets/transparency-regulation/regulatory-requirements-guidance