Regulatory Alerts2026-04-27
Financial Supervisory Authority and Danish Business Authority Publish Results and Trends from Financial Statement Control 2025
The Financial Supervisory Authority and the Danish Business Authority published their joint 2025 financial statement control report, detailing the scope, results, and specific enforcement actions regarding annual and interim reports of 183 listed companies. The authorities found that 59% of controlled reports were risk-selected, with notable enforcement actions on IFRS 8 geographic revenue disclosures and a transitional focus on sustainability reporting guidance rather than formal controls until 2026. Aligning with ESMA's European Common Focus Areas (ECEP), the report highlights upcoming supervisory priorities for 2026, including geopolitical risk impacts, segment reporting consistency, double materiality assessments, and stricter compliance with ESEF tagging and taxonomy rules.