ESMA publishes new Q&A on Alternative Performance Measures Guidelines
27 January 2017
ESMA published a new Questions and Answers document, comprising six questions, on the implementation of its Guidelines on the Alternative Performance Measures for listed issuers.
An alternative performance measure is a financial measure of historical or future financial performance, financial position, or cash flows, other than a financial measure defined or specified in the applicable financial reporting framework. The guidelines apply to alternative performance measures disclosed by issuers or persons responsible for drawing up a prospectus The purpose of this Q&A is to promote common supervisory approaches and practices in the implementation of these guidelines.
Full summary
Full Q&A
© ESMA