On 25 November, JBCE CSR Committee welcomed Mr. Nicolas Bernier, Policy Officer from the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA). Mr. Bernier spoke on the Non-Financial Reporting directive which was published in the Official Journal of the European Union on 15 November 2014. JBCE members heard about the situation in Member States for the transposition of the directive into national legislations. Mr. Bernier also gave an update on the future process of drafting the non-binding guidelines which the Commission is mandated to develop. Mr. Bernier welcomed the further contributions of JBCE on the issues related to non-financial reporting.