policy committee of Cabinet [ Cabinet policy committee | Policy Committee ]

Cabinet Committee on Government Communication [ Ad Hoc Cabinet Committee on Government Communications ]

Ad Hoc Cabinet Subcommittee on Jobs and Growth

Committee for the European Agricultural Guidance and Guarantee Fund | EAGGF Committee | Fund Committee

Committee for implementation of projects promoting cooperation and commercial relations between the European Union and the industrialised countries of North America, the Far East and Australasia | EXPROM Committee

Committee on the guidelines for trans-European telecommunications networks | TEN-Telecom Committee

steering committee

policy committee

3. Is deeply concerned that for the second consecutive year the Court found no reasonable assurance on the legality and regularity of the Institute’s grant transactions; notes that about 87 % of grant expenditure claimed by the beneficiaries is covered by certificates issued by independent audit firms, which are contracted by the beneficiaries themselves and their partners; regrets that although the Institute continued to make efforts to implement effective ex ante verifications and give better guidance to the independent audit firms, the Court found their quality as insufficient and noted that there is room for further improvement in ...[+++]their general work; calls on the Institute to address this issue and to inform the discharge authority about the steps taken by 1 September 2015;

3. Is deeply concerned that for the second consecutive year the Court found no reasonable assurance on the legality and regularity of the Institute’s grant transactions; notes that about 87 % of grant expenditure claimed by the beneficiaries is covered by certificates issued by independent audit firms, which are contracted by the beneficiaries themselves and their partners; regrets that although the Institute continued to make efforts to implement effective ex ante verifications and give better guidance to the independent audit firms, the Court found their quality as insufficient and noted that there is room for further improvement in ...[+++]their general work; calls on the Institute to address this issue and to inform the discharge authority about the steps taken by 1 September 2015;

Regarding complainant 3's allegation that, in the context of the tender process in question, Capricorn and the sellers received State aid advice from the same law firm ([.]) and in particular one lawyer of that firm, the Commission notes that, according to the statement of the German authorities, that law firm and its lawyers: (a) did not provide any advice to the sellers of the tender procedure (including the insolvency administrators and the Creditors' Committee); (b) did not have any access to any information contained in the bids of other interested investors; (c) only had access to the information concerning the tender procedure which was available in the data room and in the press; and d) did not provide the sellers or the Creditors' Committee ...[+++] with any recommendation.

3. When the total fees received from a public-interest entity in each of the last three consecutive financial years are more than 15 % of the total fees received by the statutory auditor or the audit firm or, where applicable, by the group auditor carrying out the statutory audit, in each of those financial years , such a statutory auditor or audit firm or, as the case may be, group auditor, shall disclose that fact to the audit committee and discuss with the audit committee the threats to their independence and the safeguards applied to mitigate those threats . The audit committee shall consider whether the audit engagement should be su ...[+++]bject to an engagement quality control review by another statutory auditor or audit firm prior to the issuance of the audit report.