International cooperation

The Council actively participates in the work of Esma (the European Securities and Markets Authority) within the framework of the Financial Reporting Working Group (FRWG) (formerly known as European Enforcers Coordination Sessions, EECS)  and Sustainability Reporting Working Group ( formerly known as Narrative Reporting Working Group, NRWG).

FRWG serves as Esma’s forum for coordinating measures and interpretation of the International Financial Reporting Standards (IFRS) and promotes uniform supervision.

More about Esma’s work on supervising IFRS:
https://www.Esma.europa.eu/convergence/ifrs-supervisory-convergence

SRWG serves as Esma’s forum for coordinating measures and interpretation of the European Sustainability Reporting Standards (ESRS) and promotes uniform supervision.

More about Esma’s work on supervising ESRS:
https://www.esma.europa.eu/esmas-activities/sustainable-finance/sustainability-reporting

The Council also actively participates in other international collaborations and meetings, particularly in Europe and the Nordic region, to promote and develop the Council’s activities.