ESMA expands Q&A document on the implementation of its APM guidance
13 Jul 2017
In June 2015, the European Securities and Markets Authority (ESMA) published its final Guidelines on Alternative Performance Measures (APMs) for listed issuers that became effective in July 2016. Since then, ESMA has published several questions and answers on the guidelines to promote common supervisory approaches and practices in the implementation of them. Four new questions have now been added to the document.
The new questions on the guidelines provide information on the definition of APMs in the context of interim financial statements, on the prominence of APMs, and on the use of the “compliance by reference” principle as set out in the Guidelines.
Please click for the following additional information on the ESMA website:
- press release
- expanded Q&A document
- final guidelines (as of June 2015)
