ESA Joint Committee · sfdr-37 Final
How should values in currencies other than EUR be converted to EUR? E.g. at the point of reporting, the point of the impact or an average value in EUR of values in currencies converted to EUR at diffe
- Regulation
- SFDR
- Answered
- 2024-07-25
- Answer provided by
- ESAs (EBA, ESMA, EIOPA)
⚠
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Question
How should values in currencies other than EUR be converted to EUR? E.g. at the point
of reporting, the point of the impact or an average value in EUR of values in currencies
converted to EUR at different reference points over the entire reference period?
Answer
With regard to the exchange rate, in order to comply with the requirements of the quarterly calculation
and the enterprise valuation at fiscal year-end referred to in Q&A IV.11, financial market participants
should use the exchange rate at the end of the fiscal year end for all the reference points.
This Q&A is published by ESA Joint Committee (EBA, ESMA, EIOPA) and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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