What Changed

ESMA has launched the collection of information from Officially Appointed Mechanisms (OAMs) and National Competent Authorities (NCAs) as the first phase of implementing the European Single Access Point, known as ESAP.

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EU Launches ESAP Data Collection Ahead of 2027 Rollout

As of July 10, 2026, OAMs and NCAs have begun providing this data.

ESAP itself is designed to provide free, easy and centralised access to financial and sustainability information about entities and their products.

Highlights

  • ESMA has launched the collection of information from Officially Appointed Mechanisms (OAMs) and National Competent Authorities (NCAs) for the first phase of implementation of the European Single Access Point (ESAP).
  • OAMs and NCAs began providing this data as of July 10, 2026.
  • The ESAP platform is required to be accessible to the public by July 2027.
  • The first phase covers the Transparency Directive, the Prospectus Regulation and the Short-selling Regulation.

Who Is Affected

If you follow listed companies or products regulated under EU securities rules, the first phase of ESAP touches information covered by the Transparency Directive, the Prospectus Regulation and the Short-selling Regulation.

For now, this data collection happens behind the scenes between ESMA, OAMs and NCAs, so retail traders will not yet see a public-facing change to how they research issuers or short-selling disclosures.

What To Watch Next

Over the next 12 months, ESAP's stated goal is to gather a meaningful set of EU-wide information ahead of the platform's public opening.

The ESAP Regulation requires the platform to be accessible to the public by July 2027, which is also the date set for its public go-live.

Beyond this first phase, further information is expected to come into scope in coming years as established by applicable legislation, so the categories of data available through ESAP are likely to widen over time.

For newer traders, the practical takeaway is that a single, centralised EU access point for issuer and market disclosures is being built now, with data collection underway ahead of the public platform opening in July 2027.