Question: what is the equivalent of the body that appoints the members of the public company accounting oversight board in the country that helped establish durgapur steel plant?

The PCAOB has five Board members, including a Chairman, each of whom is appointed by the SEC, after consultation with the Chairman of the Board of Governors of the Federal Reserve System and the Secretary of the Treasury. Two Board members must be Certified Public Accountants. If the PCAOB Chairman is one of them, he or she may not have been a practicing CPA for at least five years prior to being appointed to the board. Each member serves full - time, for staggered five - year terms. The Board's budget, approved by the SEC each year, is funded by fees paid by the companies and broker - dealers who rely on the audit firms overseen by the Board. The organization has a staff of about 800 and offices in 11 states in addition to its headquarters in Washington. <SEP> the financial accounting standards board (fasb) is a private, non-profit organization standard setting body whose primary purpose is to establish and improve generally accepted accounting principles (gaap) within the united states in the public's interest. the securities and exchange commission (sec) designated the fasb as the organization responsible for setting accounting standards for public companies in the u.s. the fasb replaced the american institute of certified public accountants' (aicpa) accounting principles board (apb) on july 1, 1973. <SEP> Durgapur Steel Plant is one of the integrated steel plants of Steel Authority of India Limited, located in Durgapur, in the eastern Indian state of West Bengal. It was set up with the help of UK. <SEP> A number also have names based on Financial Authority, such as the Financial Services Authority of the UK or Financial Supervisory Authority (Sweden) or variations such as the Financial Services Agency (Japan). There is no common name for securities commission or financial regulatory agency in each country. Naming has become more complicated as some governments have consolidated or merged organisations and given them a wider remit. They sometimes contain the term securities and commission. Such as the Securities and Exchange Commission of the US or Securities and Futures Commission (Hong Kong). <SEP> eu competition law has its origins in the european coal and steel community (ecsc) agreement between france, italy, belgium, the netherlands, luxembourg and germany in 1951 following the second world war. the agreement aimed to prevent germany from re-establishing dominance in the production of coal and steel as members felt that its dominance had contributed to the outbreak of the war. article 65 of the agreement banned cartels and article 66 made provisions for concentrations, or mergers, and the abuse of a dominant position by companies. this was the first time that competition law principles were included in a plurilateral regional agreement and established the trans-european model of competition law. in 1957 competition rules were included in the treaty of rome, also known as the ec treaty, which established the european economic community (eec). the treaty of rome established the enactment of competition law as one of the main aims of the eec through the "institution of a system ensuring that competition in the common market is not distorted". the two central provisions on eu competition law on companies were established in article 85, which prohibited anti-competitive agreements, subject to some exemptions, and article 86 prohibiting the abuse of dominant position. the treaty also established principles on competition law for member states, with article 90 covering public undertakings, and article 92 making provisions on state aid. regulations on mergers were not included as member states could not establish consensus on the issue at the time.