FINANCIAL COMMUNICATION: FRAMEWORK AND PRACTICES - 2019 EDITION

35 1  z DISCLOSURES OF PERIODIC INFORMATION Disclosures of periodic information are major events in the financial communication of an issuer. Through these disclosures the listed company sends, through various means, a large amount of information regarding its strategy, markets and performance as well as the impact of this information on the financial statements and the company’s life. Analyses performed by market participants on the issuer are mainly based upon this information. Therefore, for analyses to be as relevant as possible, it is essential for a listed company to assist these participants in their analysis and the understanding of its business model. To this end, entities whose securities are admitted to trading on a regulated market must set up a specialised committee responsible for monitoring the preparation of financial information. In practice, this is the audit committee. The AMF published a Guide to periodic disclosures by companies listed on a regulated market 43 , which takes up the main financial reporting obligations applicable to issuers listed on the Euronext Paris market and includes a section on Euronext Growth. 43 – AMF Position/ Recommendation no. 2016-05, Guide to periodic disclosures by companies listed on a regulated market, updated on March 6, 2019.