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19 May 2014

欧州保険連盟、現行の代替的パフォーマンス評価法は妥当と主張、ESMA(欧州証券市場機構)のガイドライン案に反対


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InsuranceEurope does not support ESMA’s proposed guidelines on alternative performance measures (APMs) as it does not believe that the current requirements for APMs have been proven to be inadequate.


InsuranceEurope believes that it would be beneficial if ESMA should more clearly define the objective of the guidelines in a way that focuses on the usefulness of the resulting information for users.

Moreover, InsuranceEurope strongy believes that use of APMs have an equally importnat role as financial statement figures to explain business.

The scope of the guidelines is already partly covered by an EU Directive on Prospectuses and they could contradict the efforts of the IASB’s disclosure initiative, a broad-based initiative to explore how disclosures in IFRS financial reporting can be improved.

In addition, some of the proposed APMs are not always reconcilable with IFRS, specifically in the case of life insurers.

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