ESMA_QA_2039
Status: ✅ Answer Published
Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/2039
Regulatory Context
Regulation : TRANSPARENCE
Level 1 Regulation: Transparency Directive (TD) Directive 2004/109/EC
Level 2 Regulation: No information available
Level 3 Regulation: No information available
Topic: Transparency
Subject Matter: Additional periodic information (including quarterly reports); TD Art 3
Question
Submission Date: 23 October 2015
Could additional periodic financial information (including quarterly reports) published on a voluntary basis be considered as regulated information?
ESMA Answer
Answer Date: 23-10-2015
[ESMA31-67-127 TD Q23] Issuers may publish additional periodic financial information (including quarterly reports) on a voluntary basis as well as in other instances such as when resulting from market practice in the absence of national legal obligations or when requested by regulated markets in the absence of national legal obligation. Publication of additional periodic financial information (including quarterly reports) stemming from those situations should not be regarded per se as regulated information according to the Transparency Directive. However, the issuer shall assess whether the disclosed information falls under the definition of inside information according to Article 7 of Market Abuse Regulation (MAR). In such a case, additional periodic financial information (including quarterly reports) should be also treated as regulated information under Article 17 of MAR.
This document was automatically extracted from the ESMA EMIR Q&A database.