On 25 November, the EC published its 2021 CMU package which includes the ESAP proposal, for which the EC is consulting until March 2022 (the exact date will be confirmed once all language translations are finalised).
The ESAP, to be established by ESMA by 31 December 2024, intends to provide the public with an easy centralised access to information about financial services, capital markets and sustainability, that entities and the authorities make public pursuant to EU legislation requirements and on a voluntary basis.
The secretariat of Insurance Europe previously published an overview of the proposal.
Based on a first set of feedback received from members, the secretariat of Insurance Europe has prepared a second draft response to the EC’s ESAP proposal.