31/03/2021 - New EFRAG TEG composition

​Further to the new composition of the EFRAG Technical Expert Group (EFRAG TEG) announced on 5 January 2021, the EFRAG Board approved the appointment of two new EFRAG TEG members with an accountancy profession background, effective 1 April 2021: Sylvie Koppes (Dutch) and Malgorzata Matusewicz (Polish). The appointment of the two new EFRAG TEG members fills in a vacancy in the current composition of EFRAG TEG and a new vacancy due to Ana Cortez stepping down. It satisfies the geographical balance criterion for the composition of EFRAG TEG, as well as the aspiration for improving gender balance.

A third new EFRAG TEG member has also been appointed, Pierre Phan Van Phi (French), effective 1 May 2021, to replace current EFRAG TEG member Olivier Scherer who has been appointed as EFRAG Board member.

EFRAG TEG is responsible for providing the EFRAG Board with expert advice on financial reporting matters. Their advice takes the form of recommended positions, either in draft form to support public consultation, or in final form after having duly considered all input received through EFRAG's due process. EFRAG TEG benefits from expert advice in specialist areas provided by working groups established under the oversight of the EFRAG Board.

For more details see the relevant press release​.