
NEWS
COVID-19 - Impact on Financial Sector - 20 May 2020

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Please find below a summary of COVID-19 developments relevant to our clients; these alerts are dedicated to following up on the financial regulators’ responses to the crisis. We have also created a COVID-19 Resource Center to offer legal and business insights as this crisis continues to evolve. We wish you and your loved ones well.
If you have any questions please feel free to contact:
Tom Van Dyck |
Freya Mareels |
Wim Dedecker |
20/05/2020 |
ESMA calls for transparency on COVID-19 effects in half-yearly financial reports |
ESMA has published a Public Statement addressing the implications of the COVID-19 pandemic on the half-yearly financial reports of listed issuers. In particular, this Statement addresses the preparation of the interim financial statements according to IFRS and the interim management reports for the 2020 half-yearly reporting periods. In its Public Statement, ESMA provides recommendations and highlights:
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