15/07/2025 (Agence Europe) – The European Parliament’s Committee on Economic and Monetary Affairs (ECON) approved the reappointment of Wolf Klinz as Chairman of the Financial Reporting Board of the European Financial Reporting Advisory Group (EFRAG), by 48 votes to 8 with 4 abstentions, on Tuesday 15 July. He has held this position for the last three years, and the European Commission has re-nominated him. The day before, he was heard by the ECON Committee (see EUROPE 13680/24). EFRAG’s Financial Reporting Board aims to influence the development of IFRS Accounting Standards from a European perspective and their contribution to efficient capital markets. It must also provide opinions on the adoption or modification of IFRS Accounting Standards to the European Commission. (AD)