EU reporting work shifts from simplification theory to implementation calendars
KPMG’s June regulatory radar says the European Commission’s consultation on revised ESRS and the voluntary standard for smaller companies closed on June 3, with final standards expected imminently.
BY ESG DESK · JUNE 19, 2026 · 1 MIN READ
KPMG’s June regulatory radar says the European Commission’s consultation on revised ESRS and the voluntary standard for smaller companies closed on June 3, with final standards expected imminently. It also flags EFRAG’s July consultation timetable for non-EU ESRS and the EU ESG-ratings regime applying from July 2026, with final ESMA endorsement guidelines due August 2. For legal teams, the ESG reporting conversation is no longer just about whether the EU is simplifying. It is about resetting disclosure controls, assurance plans and group reporting architecture while the reporting perimeter keeps moving.