ESMA Guidelines and Recommendations

ESMA publishes 2020 report on enforcement of corporate disclosure

ESMA Guidelines and Recommendations

Date: 29 April 2021
On 6 April 2021, the European Securities and Markets Authority published its Annual Report on enforcement and regulatory activities related to corporate reporting in the European Economic Area. In 2020, European enforcers examined 729 financial statements, which led to actions against 265 issuers. Further 132 enforcement actions resulted from the examination of non-financial statements (39 actions) and the presentation and disclosure of the alternative performance measures in management reports (93 actions).