Tánaiste announces introduction of EU-wide ‘one-shop-stop’ for business information

Tánaiste Simon Harris, TD has signed into law the Statutory Instruments creating the Irish framework of the European Single Access Point (ESAP). The ESAP is an EU-wide data portal which is a centralised free source of public information about EU companies and investment products. The portal, which is established via EU legislation, aims to improve public access to companies’ financial and non-financial information, including that of SMEs.

It provides one single access point for public disclosures that are currently scattered across various national registers, company websites, or EU databases and it includes information companies already publish (e.g., financial statements, audit reports, sustainability reports). The ESAP gives companies - specially SMEs - greater exposure to both EU and international investors because all their key disclosures are centralised and searchable in one platform.

The ESAP will be established and administered by the European Securities and Markets Authority (ESMA). Designated national collection bodies as well as the European Supervisory Authorities will provide data to ESMA for the purposes of ESAP.