Commissioner Barnier comments on the publication of the Maystadt report

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13 Nov, 2013

EU Commissioner Michel Barnier has commented on the publication of the report regarding preliminary recommendations for enhancing the EU’s role in promoting high quality accounting standards that his special advisor, Mr Philippe Maystadt, compiled on his behalf.

The final report had become available on 11 November and will be presented at a meeting of the European Union's Economic and Financial Affairs Council (ECOFIN) on 15 November 2013.

In a press release published on the EU Commission website, Commissioner Barnier states that he is well pleased with the report and concludes:

I am particularly keen that Mr Maystadt's recommendations should be implemented swiftly so that our undertakings and the users of their financial statements can as soon as possible benefit from high-quality international accounting standards. This work will allow the EU to better organise itself to ensure that the needs of its markets are fully taken into account in the international accounting debate.

Please click for access to the full press release.

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