Membership of the Expert Group on the evaluation of the European IAS Regulation announced

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19 Jun, 2014

The European Commission (EC) has announced the membership of the informal 'Expert Group on the evaluation of the IAS Regulation'.

The following organisations were appointed:

  • European Securities and Markets Authority (ESMA),
  • Business Europe,
  • VMEBF (German family-owned business group),
  • European Banking Federation (EBF),
  • Insurance Europe,
  • European Federation of Financial Analysts Societies (EFFAS),
  • Investment Management Association (IMA),
  • Federation of European Accountants (FEE),
  • Association of Chartered Certified Accountants (ACCA),
  • Bruegel,
  • European Accounting Association (EAA).

In addition, the following Member States authorities were appointed:

  • Accounting Standards Board, Estonia,
  • Autorité des Normes Comptables, France,
  • Accounting Standard Setter Committee, DRSC, Germany,
  • CONSOB, regulator of the financial market, Italy,
  • Bank of Spain, Spain,
  • Accounting Standards Board BFN, Sweden,
  • Financial Reporting Council, UK.

The European Commission's expert group is intended to advise and assist the EC in conducting the retrospective evaluation of the IAS Regulation. The Commission currently envisages that it would have a public consultation and possibly targeted workshops. It will seek to draw on the expertise of the group to advise it in respect of such activities and others as required by the Commission.

Please click for the announcement of members on the EC website.

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