The EU Council has adopted regulation to establish the European Single Access Point (ESAP), slated to “revolutionise” access to financial and non-financial data concerning EU companies and investment products. “The [ESAP] will be a game-changer, streamlining access to crucial information for investors,” said EU Commissioner for Financial Services Laura Mendoza. “It empowers investors by providing a centralised hub for comprehensive, user-friendly data on European companies, levelling the playing field across markets.” ESAP’s primary objective is to bolster visibility for companies, particularly smaller ones in less expansive capital markets. By centralising and digitising information, it aims to broaden financing opportunities and simplify decision-making processes for a diverse range of investors. ESAP will also not burden European companies with additional reporting requirements. Instead, it will aggregate information already in the public domain under relevant European directives and regulations. The ESAP platform will include sustainability-related data, aligning with the EU’s commitment to promoting sustainable finance. Scheduled for a phased launch beginning in summer 2027, ESAP’s gradual integration over four years will prioritise European regulations and directives. Further, regular assessments and reviews will ensure the platform’s adequacy and technical efficiency, catering effectively to user needs, according to the EU Council.
