In this sense, the completeness of the information that companies will have to provide should not lead to greater burdens within the reporting and compliance obligations, especially for SMEs. Therefore, it is auspicabile to harmonize European legislations, avoiding unnecessary effects of duplication and redundancy - also in light of those deriving from the pandemic and the forthcoming revision of the directive on reporting on non-financial information (NFRD) - and in order to bring significant benefits and facilitate investments in listed and unlisted companies. Lastly, FeBAF believes that the governance and financing of the platform should be a prerogative of European institutions and authorities.