INSTITUTIONAL / Budget

Court of Auditors finds that Commission's reform of financial regulations does not go far enough

Brussels, 30/01/2017 (Agence Europe)

In an opinion published on Monday 30 January, the Court of Auditors was somewhat scathing of the Commission's proposal to revise the financial regulations, the financial 'bible' on granting EU funds to the member states and other recipients (see EUROPE 11711).

In this opinion, the Court of Auditors of the EU states that the Commission should use the revision of the financial regulations to bring the governance rules into line with international best practice. In particular, the Court of...