Authority publishes Guide to the Financial Reporting Requirements of the EU Transparency Directive

The Guide provides detail on:

• the scope of the Directive;
• the criteria for determining whether Ireland is an issuer’s home Member State for Directive purposes;
• the periodic financial reporting requirements of the Directive;
• the exemptions available from periodic financial reporting requirements;
• the effective commencement dates for issuers’ periodic financial reporting requirements; and
• IAASA’s role, functions and powers under the transposing legislation.

The Guide is likely to be of particular interest to:

• those responsible for ensuring that affected issuers’ periodic financial reporting is in accordance with the Directive’s requirements;
• professional firms providing audit opinions on, and/or conducting reviews of, affected issuers’ periodic financial reports; and
• other stakeholders having an interest in affected issuers’ financial reporting.