Financial regulators from around the world are setting up a monitoring group that will work with international accounting standards-setters.
Representatives of the International Organization of Securities Commissions, the U.S. Securities and Exchange Commission, the European Commission and the Japan Financial Services Agency will engage in roundtable discussions Thursday organized by the International Accounting Standards Committee Foundation with the goal of creating an IASCF Monitoring Group. The IASCF is the private foundation that provides public interest oversight of the International Accounting Standards Board, which promulgates International Financial Reporting Standards.
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