ESMA expands Q&A document on the implementation of its APM guidance

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04 Apr 2022

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. Two new questions have now been added to the document on the use of APMs in the context of ESG developments.

The two new questions relate to:

  • Application of the APM Guidelines to measures related to ESG matters
  • Labels used by issuers on ESG financial measures

Please click to access the updated document on the ESMA website.

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