The Parliament approved on first reading amendments to the Public Offering of Securities Act, introduced by the Council of Ministers.
Main highlights:
- Introduction of requirements for the implementation of two legislative acts of the European Union.
- Establishment of a European Single Access Point (ESAP) from July 2027.
- Centralized access to public information regarding financial services, capital markets, and sustainable development.
- Development and management by the European Securities and Markets Authority (ESMA).
- Submission of data by market participants to data collection bodies.
- Data collection bodies at the national level: FSC, BNB, Registry Agency, Commission for Supervision of Registered Auditors.
- Centralized access covers information on financial results, environmental and social policy, prospectuses, etc.
- Market participants submit already public information in a machine-readable format with metadata.
The amendments aim to improve transparency and facilitate access to information for investors.