{"id":720,"date":"2017-05-27T08:36:11","date_gmt":"2017-05-27T06:36:11","guid":{"rendered":"http:\/\/eurofiling.info\/2017\/?page_id=720"},"modified":"2017-06-10T19:13:42","modified_gmt":"2017-06-10T17:13:42","slug":"esma-meet-the-market","status":"publish","type":"page","link":"http:\/\/eurofiling.info\/2017\/tutorials\/esma-meet-the-market\/","title":{"rendered":"ESMA Meet-The-Market"},"content":{"rendered":"<p><a href=\"https:\/\/www.esma.europa.eu\/press-news\/esma-news\/esma-meet-market-workshop-european-single-electronic-format\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Workshop on the European Single Electronic Format<\/strong><\/a><br \/>\nESMA published public working drafts of the regulatory extension taxonomy and the filing rules:\u00a0<a href=\"http:\/\/standards.eurofiling.info\/esma\/\" target=\"_blank\" rel=\"noopener noreferrer\">standards.eurofiling.info\/esma<\/a>. Any input is welcome (but most welcome until 16 June 2017). Please write to <a href=\"mailto:esef@esma.europa.eu\">esef@esma.europa.eu<\/a><\/p>\n<p><strong>ESMA invitation with full details\u00a0downloadable <a href=\"https:\/\/www.esma.europa.eu\/sites\/default\/files\/library\/esma32-60-172_esma_meet-the-market_workshop_invitation_6_june.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a><\/strong><\/p>\n<p><strong>Presentation slides of this session downloadable <a href=\"http:\/\/eurofiling.info\/2017\/wp-content\/uploads\/TT_1_ESMA_MTM.pdf\">here<\/a><\/strong><\/p>\n<p><strong>AGENDA<\/strong><br \/>\n12:00 \u2013 12:30 New reporting obligations, legal context and general timeline of introduction of ESEF. Michael Komarek<br \/>\n12:30 \u2013 13:00 ESEF standards, tools, methods and practices. Technological components and types of solutions necessary to be considered by filers, vendors and consulting firms. Bartosz Ochocki<br \/>\n13:00 \u2013 13:45 Taxonomy resources, release and change management.\u00a0IFRS XBRL taxonomy extension and architecture, resources, change management and release management approach. Bartosz Ochocki<br \/>\n13:45 \u2013 14:15 ESEF reports filing rules guiding preparation and submission of future ESEF reports. Bartosz Ochocki<br \/>\n14:15 \u2013 14:45 Stakeholders engagement and communication, including the planned field test of ESEF. Q&amp;A.\u00a0Michael Komarek,\u00a0Bartosz Ochocki.<\/p>\n<p><em><strong><a href=\"https:\/\/www.esma.europa.eu\/press-news\/esma-news\/esma-meet-market-workshop-european-single-electronic-format\" target=\"_blank\" rel=\"noopener noreferrer\">ESMA press news\u00a011 May 2017:<\/a><\/strong><\/em><br \/>\nThis workshop is organised in the context of Eurofiling XBRL week and is open to the interested public, free of charge.<br \/>\nThe European Securities and Markets Authority (ESMA) is drafting a regulatory technical standard (RTS) specifying an European Single Electronic Format (ESEF) in which annual financial reports have to be prepared. ESMA published in December 2016 a <a href=\"https:\/\/www.esma.europa.eu\/document\/2016-1668-esma-feedback-statement-esef\" target=\"_blank\" rel=\"noopener noreferrer\">Feedback Statement<\/a> on its consultation that sets out the general approach and is currently working on the detailed technical specifications.<br \/>\nIn this context, the objective of the workshop is to inform participants about the current considerations regarding the detailed technical specifications as well as to provide them with an opportunity to comment on the working draft of the regulatory extension taxonomy and the filing rules.<\/p>\n<p><strong>Target audience<\/strong><br \/>\nThis workshop is addressed to financial reporting and IT experts from filers, regulators, consulting and software firms. Considering the technical nature of the content, participants should have knowledge in XBRL\/Inline XBRL.<\/p>\n<p><strong>ESMA is an independent EU authority<\/strong> that ensures the integrity, transparency, efficiency and orderly functioning of securities markets and strives to enhance investor protection. In the area of corporate reporting ESMA fosters convergence of accounting enforcement practices and consistent application of IFRS across Europe and develops regulatory technical standards relating to corporate disclosures.<\/p>\n<table>\n<tbody>\n<tr>\n<td style=\"text-align: center; width: 50%;\" bgcolor=\"#cccccc\"><strong>Michael Komarek<\/strong><\/td>\n<td style=\"text-align: center; width: 50%;\" bgcolor=\"#cccccc\"><strong>Bartosz Ochocki<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"http:\/\/www.ifrs.org\/Meetings\/MeetingDocs\/Other%20Meeting\/2016\/AP3A-2015-ESMA-Presentation-on-ESEF-to-ITCG.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter\" src=\"http:\/\/eurofiling.info\/2017\/wp-content\/uploads\/MichaelKomarek-s.jpg\" alt=\"\" width=\"200\" height=\"200\" \/><\/a><\/td>\n<td><a href=\"http:\/\/10years.br-ag.eu\/speaker\/bartosz-ochocki\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter\" src=\"http:\/\/eurofiling.info\/2017\/wp-content\/uploads\/BartoszOchocki.jpg\" alt=\"\" width=\"200\" height=\"200\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\">Michael Komarek is a Senior Policy Officer of the European Securities and Markets Authority (ESMA) in the field of Corporate Reporting<br \/>\nMichael Komarek manages, amongst other things, ESMA\u2019s project to specify a single electronic reporting format for annual financial reports of European issuers (European Single Electronic Format).<br \/>\nPrior to joining ESMA he was involved in setting up the Austrian Financial Reporting Enforcement Panel, spent 11 years in the audit practice of Deloitte Austria and was a university lecturer. He is a Certified Public Accountant and a Certified Tax Consultant.<\/td>\n<td style=\"text-align: center;\">Consulting services, conducting trainings and solutions development in the area of data modeling and business reporting utilizing in particular the XBRL standard. He advises public institutions (regulators and supervisors), software vendors and reporting institutions on implementation of information exchange solutions.<br \/>\nBartosz was a member of the XBRL Team at the IFRS Foundation where he participated in the development of the IFRS taxonomy and was involved in various projects applying IFRSs in the XBRL format.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Workshop on the European Single Electronic Format ESMA published public working drafts of the regulatory extension taxonomy and the filing&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"parent":207,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"http:\/\/eurofiling.info\/2017\/wp-json\/wp\/v2\/pages\/720"}],"collection":[{"href":"http:\/\/eurofiling.info\/2017\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/eurofiling.info\/2017\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/eurofiling.info\/2017\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/eurofiling.info\/2017\/wp-json\/wp\/v2\/comments?post=720"}],"version-history":[{"count":12,"href":"http:\/\/eurofiling.info\/2017\/wp-json\/wp\/v2\/pages\/720\/revisions"}],"predecessor-version":[{"id":933,"href":"http:\/\/eurofiling.info\/2017\/wp-json\/wp\/v2\/pages\/720\/revisions\/933"}],"up":[{"embeddable":true,"href":"http:\/\/eurofiling.info\/2017\/wp-json\/wp\/v2\/pages\/207"}],"wp:attachment":[{"href":"http:\/\/eurofiling.info\/2017\/wp-json\/wp\/v2\/media?parent=720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}