Data Strategy Briefing — December 20, 2023
The European Single Access Point Regulation was published, creating an EU-wide portal for financial and sustainability data that firms must prepare to feed.
Executive briefing: Regulation (EU) 2023/2859 establishing the European Single Access Point (ESAP) appeared in the Official Journal on 20 December 2023, mandating phased submission of financial and sustainability data into a common EU platform starting in 2027.
Key data governance checkpoints
- Scope analysis. Identify reports, filings, and sustainability disclosures that will be transmitted to ESAP, including CSRD, SFDR, and prudential datasets.
- Metadata standards. Map tagging obligations, multilingual metadata, and reference data structures defined in the regulation and forthcoming delegated acts.
- Access management. Plan how to expose ESAP-listed documents on corporate investor relations portals while safeguarding confidential annexes.
Operational priorities
- System integration. Prepare pipelines that push validated disclosures to national collection bodies and onward to ESAP using structured formats.
- Data quality controls. Strengthen validation, reconciliation, and audit trails to meet ESAP’s accuracy and timeliness requirements.
- Stakeholder enablement. Coordinate with finance, ESG, and investor-relations teams on submission timelines and query response workflows.
Enablement moves
- Monitor upcoming delegated acts detailing technical standards, taxonomy updates, and phased onboarding per sector.
- Update regulatory reporting roadmaps to align ESAP onboarding with CSRD digital taxonomy and Pillar 3 disclosure modernization projects.
Sources
- Regulation (EU) 2023/2859 establishing the European Single Access Point
- Council press release on adopting ESAP
Zeph Tech assists finance and sustainability teams with ESAP readiness, integrating taxonomy tagging, validation, and submission workflows.