The European Commission consultation is open to comment until 4th February 2022.
The focus of this consultation is on:
1) the impact of the EU framework on the quality and reliability of corporate reporting, including the 3 pillars of corporate governance, audit and supervision.
2) Corporate Governance in the context of reporting
3) Audit effectiveness, efficiency and coherence
4) Supervision of the Auditors / audit firms
5) Examination of the corporate reporting by Competent Authorities (ESMA in particular, for the EU)
Link to the EC consultation document: https://ec.europa.eu/info/sites/default/files/business_economy_euro/banking_and_finance/documents/2021-corporate-reporting-consultation-document_en.pdfv