IFAC Monitoring Group adopts charter
23 May 2009
The Monitoring Group that oversees the auditing, assurance, ethics, and education standard-setting activities of the International Federation of Accountants (IFAC), including IFAC's Public Interest Oversight Board, has adopted a new formal charter.
The Monitoring Group comprises the International Organization of Securities Commissions, Basel Committee of Banking Supervision, European Commission, International Association of Insurance Supervisors, The World Bank, The Financial Stability Board, and International Forum of Independent Audit Regulators. The role of the Monitoring Group with respect to IFAC's public Interest activities is similar to that of the IASC Foundation Monitoring Board. Hans Hoogervorst, Chair of the Netherlands Authority for Financial Markets, chairs both the IFAC and the IASC Foundation monitoring boards. Click for:
- Monitoring Group Charter (PDF 2,366k).
- Press Release (PDF 15k).