March 25, 2026/IOSCO

The Monitoring Group (MG) is a group of regulatory and international organizations committed to advancing the public interest. It meets this objective by supporting the development of high-quality international auditing, assurance, ethics, and independence standards that are responsive to the public interest and by exchanging views related to international audit quality, regulatory, and market developments having an impact on auditing. including periodic effectiveness reviews and appointment of board members to the Public Interest Oversight Board (PIOB). The members of the Monitoring Group are the Basel Committee on Banking Supervision, European Commission, Financial Stability Board, International Association of Insurance Supervisors, International Forum of Independent Audit Regulators, International Organization of Securities Commissions, and the World Bank.

The MG is pleased to announce the term extensions for the following PIOB members:

• Mr. Philippe Christelle
• Mr. Tom Furusawa
• Mr. Mark Smith

Each of these PIOB members are currently serving their second term, which will be extended through December 31, 2027.

The MG is also pleased to announce the extension of Ms. Tshego Modise’s term as Chair of the PIOB through December 31, 2027.

Emily Fitts, Chair of the MG stated: “On behalf of the Monitoring Group, we look forward to our continued collaboration with the PIOB, under Tshego Modise’s leadership. I want to thank each of the PIOB members for their service and dedication to promoting high quality international auditing, assurance, ethics, and independence standards.”