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IFRSF Trustees' statement on their Strategy Review

Date recorded:

Mr Glauber reported on the status of the IFRS Foundation Trustees' Strategy Review (see above).

Mr Barnier (European Commission) first paid tribute to Tomasso Padoa-Schioppa, the late Chairman of the Trustees. He continued by welcoming the Strategy Review and thought it appropriate that the next stage should be a more focused document proposing reforms. He said that the next steps must be coordinated with the Monitoring Board's Governance Review in order to present a coherent reform package.

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