Source: European Parliament
ECON will hold a public hearing with Dr Wolf Klinz in the framework of his renewal as Chair of the Financial Reporting Board (FRB) of the European Financial Reporting Advisory Group (EFRAG).
The FRB is responsible for all positions taken at EFRAG on financial reporting, in particular in the context of the endorsement of IFRS Accounting Standards from a European perspective. The Chair of the FRB is nominated by the Commission after having heard the Parliament and Council, and appointed by the EFRAG General Assembly for a three-year term, renewable for a further three years. As the term of Mr Klinz as FRB Chair comes to an end on 16 November 2025 and in view of his proposed renewal, ECON will hold a public hearing on 14 and a vote on 15 July.