Tánaiste announces introduction of EU-wide ‘one-shop-stop’ for business information
- Foilsithe:
- An t-eolas is déanaí:
- Free online portal to provide comprehensive information on EU companies
- Move reduces barriers to cross border investment currently facing SMEs
Tánaiste and Minister of Finance, Simon Harris, has signed into law the Statutory Instruments creating the Irish framework of the European Single Access Point (ESAP).
The ESAP is an EU-wide data portal which is a centralised free source of public information about EU companies and investment products.
The portal, which is established via EU legislation, aims to improve public access to companies’ financial and non-financial information, including that of SMEs.
It provides one single access point for public disclosures that are currently scattered across various national registers, company websites, or EU databases and it includes information companies already publish (e.g., financial statements, audit reports, sustainability reports).
The ESAP gives companies—especially SMEs—greater exposure to both EU and international investors because all their key disclosures are centralised and searchable in one platform.
The centralised, standardised information reduces the information barriers that currently limit cross‑border investment.
Making the announcement, the Tánaiste said:
“Today, I signed the Statutory Instruments creating the European Single Access Point (ESAP).
“The ESAP will be a free centralised portal of financial and non-financial information on EU companies.
“By putting it in place, we will create a one stop shop that will give easier access to comprehensive information on EU companies for all types of investors.
“This will very much benefit Irish firms as ESAP will lead to better, more informed decision making and potentially greater investment.”
Welcoming the initiative, Minister for Enterprise, Tourism and Employment, Peter Burke TD, said:
“I welcome the signature by the Tánaiste of the Statutory Instruments providing for the forthcoming European Single Access Point (ESAP).
“ESAP is an EU-wide data portal which will provide a centralised source of information, intended to improve public access to companies’ financial and non-financial information, including that of SMEs.
“This will help reduce information barriers and facilitate more informed investment decisions, with the potential to strengthen the ability of Irish companies to raise capital and grow.”
Also welcoming the establishment of ESAP, Minister with responsibility for Small Business and Retail and the Circular Economy, Alan Dillon TD, said:
“The rollout of the European Single Access Point marks an important milestone for Irish businesses, particularly SMEs seeking greater visibility and investment opportunities.
“By providing a single, standardised source of company information, this platform will simplify cross border engagement, improve investor confidence, and contribute to a more connected and competitive European marketplace.”
The Tánaiste concluded:
“Furthermore, ESAP supports the possibility of increased cross-border investment in Irish firms.
“It also benefits the green transition by centralising sustainability related financial information.
ESAP illustrates the commitment the Irish government and the EU has to simplifying the investment journey for retail investors and finding ways to boost investment in our domestic industry.
“Altogether, the ESAP has the potential to bring a myriad of benefits to Irish people whilst simultaneously supporting the objectives of the Savings and Investment Union and making it easier for firms to raise capital across the EU.”
ENDS
Note to Editor
The ESAP will be established and administered by the European Securities and Markets Authority (ESMA). Designated national collection bodies as well as the European Supervisory Authorities will provide data to ESMA for the purposes of ESAP.