Topics
You are here: Home / Topics / EU / EU

Document Actions

EU

2017 Report of the Task Force on European Banking Union to the Contact Committee of Supreme Audit Institutions of the European Union and the European Court of Auditors

A comprehensive audit mandate assessing the supervisory review and evaluation process of banking supervision is no guaranteed in the Single Supervisory Mechanism (SSM). Before November 2014, national Supreme Audit Institutions audit scope went far beyond what the ECA is able to exercise today vis-à-vis the ECB. These are the findings set out in a report published jointly by several Supreme Audit Institutions.

 

2017 Parallel audit on Contribution of the Structural Funds to the Europe 2020 Strategy in the areas of Employment and/or Education  

The Europe 2020 strategy is designed to promote growth and employment in the EU. The Member States' programmes for the use of Structural Funds allocated to them provide a sound basis for achieving these objectives, although some weaknesses have been found. This is the conclusion drawn by the “Working Group on Structural Funds VII" in its final aggregate report. The weaknesses mainly concern the complexity of regulations and the evaluation of success

 

2017 Report – Curtailment of the German SAI’s audit mandate in the field of banking supervision and at financial institutions

Jan 31, 2017

In its report dated 18 November 2016, the European Court of Auditors stated that the scope of its audit mandate regarding significant financial institutions is not comparable to the national mandate the German SAI had before. In the course of its audit, the European Court of Auditors had fundamental difficulties in accessing documents of the European Central Bank.

Following the German SAI’s recommendation, the Budget Committee of German Parliament affirmed its intent to make the point for extending the audit mandate of the European Court of Auditors. The aim is to achieve, also at the European level, a high quality audit and oversight standard comparable to the standard ensured nationally by the German SAI with a view to ensuring comprehensive external audit.

 

2014 Annual Report No. 78 - Successful cooperation with the Supreme Audit Office of the Czech Republic in the audit of public contract awards for construction work and in the field of corruption prevention

The German SAI and its Czech counterpart conducted parallel audits in their respective countries of the compliance with EU procurement law and corruption prevention in connection with contract awards for construction work. Among other findings, the comparison revealed that the time-tested principles applicable in Germany of giving precedence to public invitations to tender and the award of contracts by lots are advantageous. The two SAIs summarised their studies in a joint report, which attracted much interest in the Czech Republic and in the International Organisation of Supreme Audit Institutions (INTOSAI).

 

2014 Annual Report No. 77 - International cooperation strengthens the external audit function in Greece

European Supreme Audit Institutions including the German SAI accompany the realignment of the Greek SAI. They do so in response to a request of the Greek SAI

 

2014 Annual Report No. 20 - Restructuring Fund (an-off budget federal entity) – bank levy is too low

The revenue generated by the bank levy is too low to finance major stabilisation measures from the Fund. During the first three years (2011-2013) 1,832 banks contributed only €1.8 billion instead of the inspected €3.6 billion.

 

2012 - EU Report of German audit institutions

This report informed German Parliament, the State parliaments and the general public about major facts concerning the finances of the European Union (EU) and the financial relations between the EU and the Member State Germany. Furthermore, it provided an overview of the management and control of EU funds in the Union and in Germany.

 

2008 - EU Report of German audit institutions

Report of December 2008

© 2020 Bundesrechnungshof