Commission Decision of 14 January 2013 on nominating three public policy members of the Supervisory Board of the European Financial Reporting Advisory Group

9.2.2013 EN Official Journal of the European Union C 37/28
COMMISSION DECISION
of 14 January 2013
on nominating three public policy members of the Supervisory Board of the European Financial Reporting Advisory Group
2013/C 37/06
THE EUROPEAN COMMISSION
,
Having regard to the Treaty on the Functioning of the European Union,
Whereas:
(1) In accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international accounting standards (1), an accounting technical committee should provide support and expertise to the Commission in the assessment of international accounting standards. The role of that accounting technical committee is fulfilled by the European Financial Reporting Advisory Group (EFRAG).
(2) EFRAG was founded in 2001 by European organisations representing issuers, investors and the accountancy profession involved in the financial reporting process.
(3) EFRAG's Supervisory Board includes four public policy members specifically selected on the basis of their experience in public policy making at either national or European level. In accordance with Section 3.2 of Appendix 1 to the EFRAG Statutes effective from 11 June 2009, it is for the Commission to nominate those public policy members. EFRAG's Supervisory Board members are appointed by EFRAG's General Assembly.
(4) In its Communication of 26 February 2010, the Commission empowered the Member of the Commission with responsibility for the internal market and services to adopt, on its behalf and under its responsibility, measures nominating public policy members of the european financial reporting Advisory Group's (EFRAG) Supervisory Board for an entire mandate in the framework of implementing Regulation (EC) No 1606/2002 (2).
(5) After a public call for applications (3), the Commission has selected three candidates to be nominated as public policy members of EFRAG's Supervisory Board,