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Esma Starts Data Collection For EU Single Access Point

The European Securities and Markets Authority (Esma) has begun collecting data from national authorities and officially appointed mechanisms, marking the first major implementation step for the European Single Access Point (Esap).

The initiative will create a single digital platform for corporate and financial information across the European Union, allowing investors and the public to access key disclosures through one central portal instead of multiple national systems.

A Central Hub For Corporate Data

Once fully operational, Esap will provide free access to a broad range of financial and sustainability-related information on companies and their products.

Investors, analysts and other market participants will be able to access and compare corporate disclosures more easily across the EU through a single platform.

Building The Platform Ahead Of Launch

Over the next 12 months, Esma will focus on building the platform’s data repository ahead of its planned public launch in July 2027.

During this phase, national authorities will submit both information and metadata, creating the foundation for the EU-wide database.

The First Data To Be Added

Initial disclosures will cover requirements under the Transparency Directive, the Prospectus Regulation and the Short Selling Regulation.

These include periodic financial reports, prospectuses for public securities offerings and disclosures related to short positions. Coverage is expected to expand over time as additional EU legislation is incorporated.

Supporting More Transparent Capital Markets

By bringing together information currently spread across national databases, Esap is expected to make corporate disclosures easier to access while strengthening transparency across European capital markets.

A New Twitter-Inspired Social Network Is Taking Shape

A new social network called Twitter.now is entering the market, with a founding team that includes former Twitter trademark counsel Stephen Coates. The service is being developed by startup Operation Bluebird.

As Ars Technica reported, X sued the company last year and asked a Delaware judge to block the launch. Operation Bluebird argued in a petition that X had abandoned trademarks including “Twitter” and “Tweet.”

Coates has said the project is not an attempt to recreate the original Twitter. In a LinkedIn post, he described the platform as a new public space focused on trust, transparency and user choice.

AI System To Rate Posts

Twitter.now is currently being tested, with early access priced at $20. Its main feature is VERA, an AI system designed to evaluate posts, verify claims and provide sources and context.

Posts receive a trust score, with users eventually able to set a minimum score to filter their feeds. The company says this approach will give people more control over what they see instead of leaving those decisions entirely to an algorithm.

Moderation Remains A Challenge

Scaling moderation will be one of the platform’s biggest tests. Social networks have repeatedly struggled with content moderation as their communities grow, and newer platforms such as Bluesky have faced similar criticism.

Operation Bluebird says VERA will form the basis of its moderation and verification system. A second version is already planned, with expanded tools that would let users set a specific trust threshold for the posts appearing in their feeds.

For now, Twitter.now remains in an early testing phase, combining the familiarity of the Twitter name with an AI-driven approach to evaluating online information.

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