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Ethos Foundation forms European alliance for corporate governance research

Ethos Foundation forms European alliance for corporate governance research
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Europe: deliver the CMU or risk becoming irrelevant

BETTER FINANCE Becomes Member Of European Financial Reporting Advisory Group

<p><span>On the 21st of January 2022, the European Financial Reporting Advisory Group (EFRAG) announced that its General Assembly had selected BETTER FINANCE as one of its new members. This represents a further improvement of EFRAG&rsquo;s governance and its opening to individual investors, consumers, and other stakeholders from civil society. Since 2017, and up to last week, BETTER FINANCE was the only consumer-side organisation on the EFRAG Board - in the capacity of an observer - initially represented by Jean Medernach, Chairman of Investas and BETTER FINANCE Board Member, and currently by Jella Benner-Heinacher, the Deputy Chief Director of the Deutsche Schutzvereinigung f&uuml;r Wertpapierbesitz (DSW) and BETTER FINANCE Vice-President.</span></p>

The European Financial Reporting Advisory Group (EFRAG) Re-Appoints BETTER FINANCE Candidate As Only Board Member Representing Retail Investors

The European Financial Reporting Advisory Group (EFRAG) Re-Appoints BETTER FINANCE Candidate As Only Board Member Representing Retail Investors Date 09/04/2021 BETTER FINANCE is pleased to announce that Jella Benner-Heinacher, the Deputy Chief Director of the Deutsche Schutzvereinigung für Wertpapierbesitz (DSW) and BETTER FINANCE Vice-President, was appointed to the Board of the European Financial Reporting Advisory Group (EFRAG) as an observer with speaking rights to be the only representative of EU citizens as “retail” investors. EFRAG was established in 2001 with the aim of advising the European Commission (EC) on the suitability of the International Financial Reporting Standards (IFRS) as set by the International Accounting Standards Board (IASB). EFRAG s mission is to ensure that European views on the matter are taken into account in the IASB standard setting process and whether newly issued or revised IFRS meet the criteria for endorsement for use in the EU.

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