ESMA publishes a public statement which defines the common enforcement priorities for 2012 financial statements

Tuesday, 12th November, 2012: The European Securities and Markets Authority (“ESMA”), has published a public statement, the purpose of which is to define the common enforcement priorities for 2012 financial statements in order to promote consistent application of the European securities and markets legislation, and more specifically that of International Financial Reporting Standards (“IFRS”).  These priorities were identified by national authorities including IAASA and can be accessed here.