EU Omnibus I Directive (Directive (EU) 2026/470) A2-15: Collective responsibility of the bodies for the reports, with a national option on the electronic format (amended Article 33(1) of Directive 2013/34/EU)

What does A2-15 require?

Members of the administrative, management and supervisory bodies, within their national-law competences, are collectively responsible for ensuring that the annual and consolidated financial statements, management reports and separately provided corporate governance statements are drawn up and published in line with the Directive, the IAS Regulation where applicable, Delegated Regulation (EU) 2019/815, the ESRS adopted under Article 29b and the format requirements of Article 29d. The reference to the deleted SME standards is removed, and Member States may relieve the bodies of collective responsibility for the management report's compliance with the electronic format.