5 Amendments of Ildikó GÁLL-PELCZ related to 2012/0364(COD)
Amendment 20 #
Proposal for a regulation
Recital 3
Recital 3
(3) In a global economy, there is a need for a global accounting language. International Financial Reporting Standards (IFRS) developed by the International Accounting Standards Board (IASB) are adopted and used in many jurisdictions around the world. Such international accounting standards need to be developed under a transparent and democratically accountable process. To ensure that the interests of the Union are respected and that global standards are of high quality and compatible with Union law, it is essential that the interests of the Union are adequately taken into account in that international standard-setting process, which will lead to the application of common and harmonised standards across the European Union in the long run as well.
Amendment 37 #
Proposal for a regulation
Recital 12
Recital 12
(12) In addition to changing their funding patterns, the IFRS Foundation and EFRAG have undergone governance reforms to ensure that through their structure and processes they accomplish their public interest mission in an independent, efficient, transparent and democratically accountable manner. In relation to the IFRS Foundation, the Monitoring Board was created in 2009 to ensure public accountability and oversight, the effectiveness of the Standards Advisory Council has been enhanced, transparency has been improved and the role of impact assessments has been formalised as part of the due process of the IASB. The effort to improve the governance of those bodies will continue on the basis of the conclusions of the Financial Services Commissioner.
Amendment 60 #
Proposal for a regulation
Article 3 – paragraph 1 – subparagraph 1 (new)
Article 3 – paragraph 1 – subparagraph 1 (new)
(c) beneficiary in the field of audit oversight: the European Grouping of Audit Oversight Bodies (EGAOB)
Amendment 74 #
Proposal for a regulation
Article 7 – paragraph 2
Article 7 – paragraph 2
(2) In order to implement the programme, the Commission shall adopt annual work programmes. They shall set out the objectives pursued, the expected results, the method of implementation and their total amount. They shall also contain a description of the actions to be financed, an indication of the amount allocated to each action and an indicative implementation timetable. They shall include for grants the priorities, the essential evaluation criteria and the maximum rate of co-financing, as well as the detailed assessments, justifications and explanations derived from the programmes of work of previous years which serve as a basis for them.
Amendment 76 #
Proposal for a regulation
Article 9
Article 9