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13 October 2010

Commissioner Barnier welcomed the appointment of Hans Hoogervorst as future Chairman of the IASB


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Barnier betonte, dass er die für 2011 bevorstehende Entscheidung der US amerikanischen SEC zur Anwendung der IFRS durch US-amerikanische Emittenten begrüße. IFRS sei die einzig glaubwürdige Option, wenn die Politik einen einzigen Rechnungsführungsrahmen für börsennotierte Unternehmen weltweit ermöglichen will.


Hoogervorst’s background and experience as a minister and supervisor make him well suited to the job, giving him a good understanding for the broader international context in which the IASB operates.
This appointment has the support of the International Financial Reporting Standards (IFRS) Foundation’s Trustees who nominated him, but he also has the support of the members of the IASB Monitoring Board, which he has been chairing in a competent and dynamic way up until now. Since the beginning of my mandate as a Commissioner, Barnier has taken an active part in the work of the Monitoring Board.
He looks forward to working with Hans and with the IFRS Foundation’s Trustees in order to continue strengthening the governance and accountability of the IASB.
At the same time, convergence should not undermine the quality of international standards. In particular, the IASB should maintain a mixed measurement approach for financial instruments, which best reflects the business model and risk management practices of financial institutions.


© European Commission

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