With our position papers we engage in political debates and expert discussions regarding capital market issues - representing the interests of our members. Each year, numerous and detailed positions cover the various areas of our work: the primary market, the secondary market, the governance of listed companies and the economic education.
Below you will find our position papers which focus on European legislation - mostly in English and partially in German language. All our positions including papers with focus on national topics you will find on our German website.
The European Securities and Markets Authority (ESMA) has consulted on its proposals on disclosure requirements under Article 8 of the Taxonomy Regulation. The timetable until the application of the new reporting requirements by companies is too tight in view of the complexity of the requirements. Additional reporting requirements beyond CapEx, OpEx and revenue should be rejected. Important KPIs, such as CapEx and OpEx, must be defined as in the financial reports. Definitions that deviate from this only confuse users.
Our topics at a glance: