Insurance EuropeInsurance Europe
Position Paper
Comments to EFRAG draft letter on ESMA draft guidelines on alternative performance measures

In general Insurance Europe agrees with the European Securities and Markets Authority’s (ESMA) identification of the investors’ need to have clearly understandable information about issuers’ financial performance. It should always be clear what alternative performance measures (APMs) are used and why. However, Insurance Europe does not support ESMA issuing these guidelines, as it does not believe the current requirements have been proven to be inadequate.

Published 30 April 2014
Olav Jones
Olav Jones
Deputy director general/Director, economics & finance