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28 September 2010

EBF comments on the Development of pan-European access to financial information disclosed by listed companies


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For the sake of investors, the EBF supports the efforts to facilitate access to regulated information even further for as long as it is done on the basis of a thorough assessment of expected costs and benefits.


Key point:
·         Some relatively straight-forward measures could be undertaken to enhance investors’ use of Officially Appointed Mechanisms, such as providing links from issuers’ websites to the national OAMs.
·         As regards the inter-operability of national OAMs, the European banking industry has a strong preference for option 1, i.e. a network model. This would allow the current infrastructure and the services offered by national OAMs to be maintained.
·         The EBF does not believe that the potential benefits of a single European OAM would justify the costs of its establishment.
 


© EBF


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