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PIOB

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PIOBPublic Interest Oversight Board


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The PIOB, whose chairman is professor Stavros Thomadakis, comprises individuals from a number of professions and all branches of regulation.
PIOB [Public Interest Oversight Board] Establishment of a PIOB was included in a set of reforms announced by IFAC to oversee IFAC's standard-setting and compliance activities; the 10 members of the PIOB are to be appointed by regulators involved in the reform proposals.
Besides its own reforms, such as the creation of the PIOB, IFAC hopes to get an endorsement of its standards on auditing, assurance and ethics by the European Commission, the International Organization of Securities Commissions and key regulators with influence on major exchanges, such as the U.
 
 
 
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