The Monitoring Board of the IFRS Foundation held a videoconference on March 3, 2022, discussed the latest progress of the International Accounting Standard Board and the International Sustainability Standards Board, compliance of due process, the establishment of advisory bodie, etc. The meeting also approved the further work plan for the Monitoring Board. Zhu Zhongming, Vice Minister of China’s Ministry of Finance attended the meeting as a member of the Monitoring Board and gave a speech.