Corporate Reporting SC

Anneli Tuominen

CHAIR:  Dr. Hannelore Lausch, Executive Director Bafin

RAPPORTEUR:  Roxana Damianov

The Corporate Reporting Standing Committee conducts all ESMA’s work on issues related to accounting, audit, periodic reporting and storage of regulated information.

In particular it:

  • Pro-actively monitors and influences regulatory developments in the area of accounting and auditing, including an active monitoring of the EU endorsement process of international standards and the work of relevant EU accounting and/or auditing Committees.
  • Coordinates the activities of National Enforcers from the European Economic Area relating to the enforcement of compliance with IFRS. This includes notably: 
    • Analysis and discussion of individual enforcement decisions under IFRS and emerging financial reporting issues under IFRS. 
    • Identify issues which are not covered by financial reporting standards or which may be affected by conflicting interpretations for referral to standard-setting or interpretative bodies such as the IASB and IFRIC. 
    • Facilitates the exchange of views and sharing of experiences on methods for supervising the financial information of companies offering publicly securities and/or having these securities listed on an EU regulated market.
  • Pro-actively monitors and influences developments relating to periodic financial reporting under the Transparency Directive.
  • Establishes and maintains appropriate relationships with securities regulators from major capital markets outside Europe, to foster operational cooperation between EU and non-EU regulators on the competences in the remit of the Standing Committee.


Click here download CRSC Terms of Reference

Members of the CRSC consultative group

Mr Bertrand Allard
Co-chairman of the Accounting and Financial Analysis Commission; SFAF (Societe Francaise des Analystes Financiers), France
Mr Hans Buysse Partner SynCap - Clairfield International/Deputy President, Belgian Association of Financial Analysts:Member, EFFAS Executive Management Committee and EFRAG Board
Mr Antonio Garcia Carreno Managing Director, Head of Private Banking, Catalunya Bank S.A., Spain
Mr Janzon Claes Partner, PwC, Sweden; Executive Member, the Swedish Financial Reporting Board
Mr Roger Arnold Collinge Head of corporate governance group, UK Shareholders’ Association
Mr Klaus Peter Feld Executive Director, the Institut der Wirtschaftsprüfer (IDW), Germany
Dr Ana Isabel Fernandez Full professor of Finance, the Colegio Universitario de Estudios Financieros (CUNEF), Spain
Mr Robert Hodgkinson Executive Director (Technical), the Institute of Chartered Accountants in England and Wales (ICAEW), UK
Mr Thierry James Group Technical Accounting Controller, Centrica Plc, UK
Ms Maria Kortene Vice President, Group Accounting and Reporting, UPM-Kymmene Corporation, Finland
Ms Liz Murrall Director, Stewardship and Reporting, The Investment Association, UK
Mr Vincent Papa Director, Financial Reporting Policy for Capital Markets, CFA Institute
Ms Anna Sikström Director, IFRS Expert Volvo Group, Sweden
Ms Laura López Sotomayor Head of Financial Compliance, Ferrovial, Spain
Mr Andrew Spooner Partner, Deloitte, UK; Lead IFRS financial instruments partner globally, Deloitte;  the UK IFRS Centre of Excellence and Deloitte UK’s National Accounting and Auditing group
Mr  Mark Vaessen Partner at KPMG; Global IFRS network leader, KPMG International; Chairman of FEE Corporate Reporting Policy Group; Member of EFRAG Board
Dr Leo van der Tas Senior Technical Partner at Ernst & Young Accountants (EY), the Netherlands; Global IFRS Leader of EY Global; Part-time Full Professor, the University of Tilburg, the Netherlands
Dr Peter Walton Emeritus professor, ESSEC Business School, France, and The Open University, UK; European Accounting Association Financial Reporting Research Group