Milieu awarded new European Commission’s DG FISMA projects on the European Single Access Point

Milieu Consulting is pleased to announce that it has been awarded two new projects under its Framework Contract with the European Commission’s Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA).

The projects will support the European Commission in monitoring Member States’ transposition of Directive (EU) 2023/2864 on the establishment and functioning of the European Single Access Point (ESAP).

Established by Regulation (EU) 2023/2859, ESAP will create a single EU-wide digital portal, operated by the European Securities and Markets Authority (ESMA), providing public access to regulated information published under EU financial services and corporate transparency legislation.

The ESAP Directive amends 16 EU directives, including the Audit Directive, the Accounting Directive, MiFID II and the Investment Firms Directive. It introduces requirements for information already made public under these directives to also be submitted to national collection bodies, so that it can be made accessible through ESAP.

As part of these projects, Milieu will prepare:

  • 27 completeness reports assessing national measures transposing the ESAP Directive; and
  • 27 compliance reports assessing the completeness and conformity of national measures transposing Article 3 of the ESAP Directive, which amends the Transparency Directive.

Through this work, Milieu will support the European Commission in strengthening transparency, accessibility and digital access to financial and corporate information across the European Union.