Deutsches Aktieninstitut’s Response to the EU Commission’s Fitness Check Public Reporting for Companies

In its response to the Fitness Check Public Reporting for Companies, Deutsches Aktieninstitut criticizes disproportional reporting obligations causing high compliance costs to companies without offering corresponding benefits to investors. Deutsches Aktieninstitut furthermore points at a partly wrong focus of the consultation since legislation of crucial relevance for issuers, such as the Market Abuse Regulation, is not included in the Fitness Check.

You can find a letter regarding this topic addressed to Olivier Guersent, General Director of DG FISMA, here.