In July 2020 the Monitoring Group published a set of recommendations designed to strengthen the standard setting system for international audit and ethical standards: see here (pdf). Today the Group published a paper titled "The Value of High Quality Audits and the Importance of Funding an
Independent Multi-stakeholder International Standard-setting Structure": see here (pdf). The Monitoring Group's members include the IOSCO, Basel Committee on Banking Supervision, European Commission, Financial Stability Board, IAIS, IFIAR and World Bank.
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