ISDA, ICMA And ISLA Sign MoU On The Common Domain Model mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.
ISDA Endorses Creation Of ESAP Date
16/03/2021
On March 12, 2021, ISDA submitted a response to the European Commission’s (EC) consultation on the establishment of a European Single Access Point (ESAP) for financial and non-financial data. In its response, ISDA endorses the creation of ESAP, highlighting the benefits for cross-border access to meaningful information and the reporting of environmental, social and governance-related information. With respect to the scope of ESAP, ISDA recommends that the eventual administrators of ESAP should focus on a small number of data points at the initial stage, characterized by low-frequency and raw company level data, such as data resulting from the Transparency Directive, Accounting Directive and Audit Directive as well as the revised Non-Financial Reporting Directive. In addition, the ISDA response discusses the usability and data governance of ESAP by highlighting the potential benefits of the Common Domain Model.