ESMA updates the European Single Electronic Format Reporting Manual
ESMA updates the European Single Electronic Format Reporting Manual
- ESMA updates the European Single Electronic Format Reporting Manual
The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published the annual update of its Reporting Manual on the European Single Electronic Format (ESEF). - The purpose of the ESEF Reporting Manual is to promote a harmonised and consistent approach for the preparation of annual financial reports in the format specified in the RTS on ESEF.
- Next steps
Issuers are expected to follow the guidance provided in the ESEF Reporting Manual when preparing their 2023 annual financial reports. - Software firms are also expected to follow the ESEF Reporting Manual guidance when developing software used for the preparation of annual financial reports in Inline XBRL.