Communication in connection with ESMA’s public statement setting out European common enforcement priorities for 2021 annual financial statements

The European Securities and Markets Authority (ESMA) has published its annual Public Statement setting out European common enforcement priorities for the 2021 Annual Financial Statements of issuers whose securities are admitted to trading on a regulated market.

Priorities related to IFRS financial statements
Section 1
Priorities related to non-financial statements
Section 2
Other considerations related to APMs*
Section 3
Impact of the COVID-19 pandemic
Climate-related matters
Expected credit losses
Taxonomy-related disclosures

* A Bulgarian translation of ESMA’s Guidelines on Alternative Performance Measures (APMs) can be found on the FSC website:, section Legislation / Guidelines and recommendations of the European Supervisory Authorities / ESMA.

Issuers and their auditors should take into account the main issues addressed in ESMA’s public statement when preparing and auditing the annual financial statements (AFSs) of issuers and public companies for 2021.

ESMA and national competent regulators will ensure compliance with the specific requirements set out above in the presentation of financial statements by public companies and issuers. Appropriate measures will be taken in case of significant discrepancies.

The statement is published on ESMA’s website and can be accessed here.

A translation into Bulgarian of the text of the public statement can be found on the FSC website, section European Affairs / EU News / Notices.