ESMA's Activity Report 2017: What You Need To Know

In April, the European Securities and Markets Authority (ESMA) issued its report on the Enforcement and Regulatory Activities of Accounting Enforcers 2017. Read on for highlights, results, and new priorities.

By the numbers

Of the 5,956 IFRS issuers in Europe, 142 are in Luxembourg, 528 in France, and 448 in Germany. The largest proportion by nation is the UK, with 1,315, though it will be interesting to see whether Brexit affects that.

ESMA's report looked at the interim and/or annual financial statements of 1,141 issuers, or around one fifth of the total. This is approximately the same figure as their last report, though more ex-ante examinations were done (136 in 2017 compared to 111 in 2016).