What is an Officially Appointed Mechanism (OAM)?
An Officially Appointed Mechanism (OAM) is the term used throughout Europe to describe national databases for regulated financial information. OAMs are found in each member state of the European Union and serve as the mechanism for companies to submit their financial reports to their regulatory authority.
In reporting regions subject to ESMA (European Securities and Markets Authority), there is a mandate for reporting format of annual reports known as ESEF (European Single Electronic Format). For support and additional information, explore our ESEF reporting solutions.