IASCF Trustees will hold round-table on constitution proposals
13 May 2008
The IASC Foundation Trustees have announced that they are going to hold a public round-table discussion in advance of issuing their proposals on Phase 1 of the IASCF 2008 Constitution Review.
- Create a 'monitoring group' of representatives of official organisations, including securities regulators, that would approve Trustee appointments and review Trustee oversight activities
- Expand the IASB to 16 members from the present 14, and provide for geographical balance
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Updated Timeline for the 2008 Constitution Review |
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March-April 2008 |
Trustees developed proposals and document for the Constitutional Review. |
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May-June 2008 |
Trustees to meet interested parties to discuss proposals before publication of document on the first part. |
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June 2008 |
Publication of proposals on public accountability and IASB size/geographical diversity – the first part of the Constitution Review. Comment period to end in August or September 2008. |
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June 2008-August 2008 |
Trustees to continue to meet interested parties to discuss proposals on the first part. |
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September 2008 |
Constitution Committee to develop proposals to present to full Trustees, based upon analysis of comment letters and other input on the proposals in the first part. |
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October 2008 |
Trustees to conclude the first part of the Constitution Review at Beijing meeting. Changes to take effect for 1 January 2009. |
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October or November 2008 |
Trustees to publish a discussion document seeking views on other issues to be incorporated as part of the Constitution Review – the second part of the Constitution Review. |
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October 2008-January 2009 |
Trustees to meet interested parties to discuss the second part of the Constitution Review. |
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February 2009 |
Trustees to develop list of issues and the Constitution Committee to develop proposals. |
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April 2009 |
Trustees to publish other constitutional proposals on issues identified. |
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April 2009-October 2009 |
Trustees to hold a series of meetings, possibly including public round tables, on proposals. |
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October-November 2009 |
Conclusion of the Constitution Review. |
Click to view the IASC Foundation Trustee press release (PDF 55k).
