Poland KNF News

ESMA Sets 2015 Enforcement Priorities for Financial Statements

ESMA published its annual Public Statement on European Common Enforcement Priorities for listed companies' 2015 financial statements. The statement identifies three key areas for national enforcer review: impact of financial markets conditions (interest rates, foreign exchange, country risk), consistency of statement of cash flows with other primary financial statements, and fair value measurement and disclosures for non-financial assets. ESMA and European national enforcers will monitor application and publish findings in early 2017.

ESMA Regulatory Documents, Public Positions, Guidelines and Press Releases Index

The Polish Financial Supervision Authority (KNF) published an updated index of European Securities and Markets Authority (ESMA) regulatory documents, public positions, guidelines, and press releases. The page was last updated on 17 October 2025 and includes links to ESMA documents spanning 2017 to 2025, covering topics including European Common Enforcement Priorities for annual reports, IFRS 17 implementation, MAR guidelines, and COVID-19 related accounting guidance.

ESMA Guidelines on Financial Information Supervision Translation

ESMA published guidelines on financial information supervision under the Transparency Directive, establishing 18 supervisory guidelines covering scope, supervision objectives, European Supervisory Authorities' roles, pre-clearance procedures, selection methods, analysis procedures, supervisory actions, European coordination, emerging issues, and reporting. These guidelines apply to all EU member state competent authorities responsible for supervising financial information disclosures by issuers whose securities are admitted to trading on regulated markets. The guidelines enter into force two months after publication in all EU official languages.