The application of these requirements has thus been delayed by one year for issuers whose home Member State is Luxembourg pursuant to the Luxembourg law of 11 January 2008 on transparency requirements for issuers, as amended (the “Transparency Law”). Consequently, these requirements will first apply to annual financial reports covering periods beginning on or after 1 January 2021. However, for periods before that date, issuers may already decide to apply the ESEF requirements on a voluntary basis.
Should you wish to read the full press release on this topic published by the CSSF on 21 January 2021, please click here.