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TABD Welcomes SEC Continued Support for IFRS |
Press release
TABD Welcomes SEC Continued Support for IFRS
March 1st 2010
The Transatlantic Business Dialogue (TABD) representing some forty companies operating in the United States and European Union welcomes the continued support of the U.S. Securities and Exchange Commission (SEC) for achieving a single set of high quality global accounting standards, consistent with the position agreed by the G20 Leaders.
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TABD: U.S. and EU should reap benefits from closer financial market policy cooperation |
February 24, 2010
In a report published in Feburary called “EU – U.S. Financial Markets – need for cooperation in difficult times”, The TransAtlantic Business Dialogue (TABD) called on U.S. and EU policymakers to strongly intensify their cooperation on financial market regulation. Closer cooperation would carry substantial benefits.
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TABD Letter to President Barroso Ahead of the G8 Summit |
July 8th, 2009
To co-incide with the opening of the G8 Summit in L’Aquila, Italy, TABD Co Chair Jürgen Thumann writes to Commission President Barroso on energy technology IPR and environmental tariffs. Ahead of the G8 summit discussions on the economic crisis and climate change, the Transatlantic Business Dialogue (TABD) reported on a letter sent by TABD Co Chair Jürgen Thumann today, July 8th,2009 to European Commission President Barroso.
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Beef deal a gleam of hope for US-EU trade tensions |
May 6, 2009
WASHINGTON (Reuters) - The United States and European Union have agreed to temporarily put aside a 20-year fight over beef and do some business -- a new pragmatic stage in a testy trade relationship that experts say could bode well for other bilateral fights.
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TABD welcomes G20 action, and calls for strong US-EU leadership |
April 2, 2009
The Trans-Atlantic Business Dialogue (TABD) welcomes the first results of the G20 process as presented by the Leaders of the Group of Twenty (G20) at the London Summit on April 2, 2009. With their agreement on restoring global growth, promoting an open global economy, and on reforming the financial system, the G20 leaders have provided a comprehensive strategy for overcoming the global economic crisis. The multinational enterprises of the TABD – reflecting a broad range of sectors of the US and EU economies – strongly support the work of the G20, and encourage the participating Leaders to ensure decisive implementation of the actions and principles that have been concluded. In particular, TABD welcomes the G20’s agreement on:
maintaining open markets, rejecting protectionism, promptly rectifying any detrimental
measures, and minimising any negative impact on trade and investment from domestic
policies in the future,
building a stronger supervisory and regulatory framework for the future, including greater
consistency and systematic cooperation between countries based on high and
internationally agreed standards,
closer cooperation on supervising cross-border financial institutions,
promoting consistent valuation methods and a single set of global accounting standards,
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strengthening the International Monetary Fund and the World Bank.
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Press