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