Daily Archives: December 4, 2014

Taming Ambiguity: Regulators Take The Initiative To Clarify Alternative Performance Measures

In February 2014, the European Securities & Markets Authority (ESMA) published a consultation paper, “ESMA Guidelines on Alternative Performance Measures,” which included several proposed guidelines aiming to improve transparency, neutrality, and comparability of alternative performance measures (APMs) for European-based companies. More