New chairman of IOSCO Technical Committee

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03 Jun 2004

The International Organization of Securities Commissions (IOSCO) has elected Andrew Sheng, Chairman of the Securities and Futures Commission of Hong Kong, as the new Chair of its Technical Committee.

IOSCO's Technical Committee, comprising representatives of 15 government agencies that regulate large, developed, and internationalised securities markets, deals with regulatory matters including financial reporting, disclosure matters, and International Financial Reporting Standards. In our news story of 24 May 2004 we reported two projects that have just been initiated by the Technical Committee relating to interpretation and enforcement of IFRSs.

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