International Ethics Standards Board for Accountants

EU Legislative Interests

1. Sustainability reporting and assurance with a focus on ethics and independence - Corporate disclosure of climate-related information

Communication Activities

1. IESBA issued the Global Ethics Sustainability Standards which include the International Ethics Standards for Sustainability Assurance (including International Independence Standards) (IESSA) and the revisions to the International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code) related to sustainability reporting and to the use of the work of an external expert. on January 17th, 2025, 2. IESBA published and explainer series aimed at supporting the effective implementation of the IESSA and raising awareness of the importance of ethics in sustainability-related services. 3. IESBA Ethics and Independence Conference 2025 was held in Lisbon, Portugal. Keynote speakers include Maria Luís Albuquerque, European Commissioner for Financial Services and the Savings and Investments Union, Jean‑Paul Servais, Chair of the IOSCO, and Joaquim Miranda Sarmento, Portugal’s Minister of State and Finance.

Interests Represented

Does not represent commercial interests

Member Of

The IESBA is a standard-setting board housed within the International Foundation for Ethics and Audit (IFEA), an independent non-profit. IFEA's bylaws (see https://www.ethicsandaudit.org/governance) state that the members of IFEA are the Monitoring Group (https://www.iosco.org/v2/about/?subsection=monitoring_group), the Public Interest Oversight Board (https://ipiob.org/), and the International Federation of Accountants (https://www.ifac.org/). Please note, the Monitoring Group is a group of international financial institutions and regulatory bodies committed to advancing the public interest in areas related to international audit standard setting and audit quality and includes the European Commission as one of its members (www.iosco.org/about/?subsection=monitoring_group).

Organisation Members

The IESBA is a standard-setting board housed within the International Foundation for Ethics and Audit (IFEA), an independent non-profit. IFEA's bylaws (see https://www.ethicsandaudit.org/governance) state that the members of IFEA are the Monitoring Group, the Public Interest Oversight Board, and the International Federation of Accountants. Please note, the Monitoring Group is a group of international financial institutions and regulatory bodies committed to advancing the public interest in areas related to international audit standard setting and audit quality and includes the European Commission as one of its members (www.iosco.org/about/?subsection=monitoring_group).