Listed issuers must focus on new IFRS standards in 2017 annual financial reports

Friday 27 October 2017 11:13

The European Securities and Markets Authority (ESMA) today published the priorities to be considered by listed companies, and their auditors, when preparing and auditing their 2017 financial statements. These priorities are set out in the annual Public Statement on European Common Enforcement Priorities (Statement), through which ESMA promotes the consistent application of the International Financial Reporting Standards (IFRS).  

Reflecting both the relevance of the change introduced by the new accounting standards and issues identified in the course of the enforcement activities, the 2017 enforcement priorities encompass:

  • Disclosure of the expected impact of the implementation of major new standards in the
esma32-63-364_summary_of_results_of_the_fact_finding_exercise_on_ifrs_9_and_ifrs_15.pdf
esma32-63-340_esma_european_common_enforcement_priorities_2017.pdf
esma71-99-623_press_release_on_2017_enforcement_priorities.pdf

ESMA agrees MiFID II position limits proposed by FCA

Tuesday 24 October 2017 14:30

The European Securities and Markets Authority (ESMA) has published today nine opinions on position limits regarding commodity derivatives under the Markets in Financial Instruments Directive and Regulation (MiFID II/MIFIR).  

ESMA’s opinions agree nine position limits proposed by the Financial Conduct Authority (FCA). The position limits concern contracts on: