On 27 November 2023, the Council of the EU issued a press release announcing that it had adopted a Regulation creating the European Single Access Point (ESAP).

The proposal for a regulation establishing the ESAP was part of the Capital Markets Union package which the European Commission presented on 25 November 2021. The regulation is accompanied by an amending Omnibus Regulation and an amending Omnibus Directive which amend several legislative acts to take account of the ESAP.

The ESAP will offer free, user friendly, centralised, and digital access to financial and sustainability-related information made public by European companies, including small companies.

The Council’s adoption closes the decision-making procedure. The Regulation will be published in the Official Journal of the EU and enter into force 20 days after its publication.

The ESAP platform is expected to be available from summer 2027 and gradually phased in to allow for a robust implementation.

This phasing-in will ensure that European regulations and directives will enter into the scope of the ESAP within four years, in order of priority.