Global Standards for the world economy

Tuesday 02 June 2020

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Video of the speech by Mario Draghi at the inaugural Tommaso Padoa-Schioppa Memorial Lecture

 10 July 2014

On 9 July 2014, Mr Mario Draghi, President of the European Central Bank, gave the keynote speech at the inaugural Tommaso Padoa-Schioppa Memorial Lecture during the IFRS Foundation Trustees’ meeting in London.

During the speech, Mr Draghi recognised the significant progress made in the last ten years towards International Financial Reporting Standards (IFRS) becoming global standards and called upon policymakers in Europe to ‘progress swiftly in the adoption of IFRS 9’.  Today, more than 100 countries mandate the use of IFRS, including more than two thirds of G20 Members.  The European Union has required the use of IFRS since 2005.

A video of the speech can be viewed below. Alternatively, rather than streaming the video online, the video file can be downloaded from here.

The full text of Mr Draghi’s speech can be found here.

Michel Prada, Chairman of the IFRS Foundation, delivered the opening remarks, which are available here.

Professor Richard Portes, Professor Designate, Tommaso Padoa-Schioppa Chair, European University Institute; Professor of Economics, London Business School’s closing remarks can be found here.

Images of the presenters are available here.


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