First meeting of Monitoring Board is 1 April 2009

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24 Feb 2009

The first meeting of the new IASC Foundation (IASCF) Monitoring Board will take place in London on Wednesday 1 April 2009, in conjunction with the meeting of the IASCF Trustees, which is scheduled for 1-2 April 2009 in London.

The meeting will be open to public observation. In January 2009, the Trustees amended the IASCF Constitution to create the Monitoring Board to serve as a mechanism for formal interaction between capital markets authorities and the IASCF. This will help enable capital market authorities that allow or require the use of IFRS in their jurisdictions to effectively discharge their mandates relating to investor protection, market integrity, and capital formation. Initial members of the Monitoring Board will be the relevant leaders of:
  • The European Commission
  • The Japanese Financial Services Agency
  • The US Securities and Exchange Commission
  • The Emerging Markets Committee of IOSCO, and
  • The Technical Committee of IOSCO
The chairman of the Basel Committee on Banking Supervision will be a non-voting observer. Click for More Info about the Monitoring Board.


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