EBF comments on the Development of pan-European access to financial information disclosed by listed companies
28 September 2010
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
