fiscal engineering | finance engineering | financial engineering

European Financial Engineering Company | EFEC [Abbr.]

Ad Hoc Group of Experts on Financing Engineering

European Financial Engineering Company

engineering instructor | engineering professor | engineering lecturer | professor of mechanical engineering

bus design checker | motorcycle design checker | automotive design checker | automotive engineering technician

11. Reiterates that Parliament invited the Commission to evaluate objectively and critically the experiences with FEIs in the Cohesion policy for the programming period 2007-2013, to provide a risk assessment considering different FEIs separately, as well as taking into account the risk structure of beneficiaries of the FEIs, and to report annually to Parliament, in time for the respective discharge procedure, on the use of FEIs in Member States, including comparable indicators on the effectiveness, efficiency and economy of FEIs, and also on how the Commission coordinates, ensures consistency and mitigates the risk of overlapping across ...[+++] the policy areas;

8. Reiterates that Parliament invited the Commission to evaluate objectively and critically the experiences with FEIs in the Cohesion policy for the programming period 2007-2013, to provide a risk assessment considering different FEIs separately, as well as taking into account the risk structure of beneficiaries of the FEIs, and to report annually to Parliament, in time for the respective discharge procedure, on the use of FEIs in Member States, including comparable indicators on the effectiveness, efficiency and economy of FEIs, and also on how the Commission coordinates, ensures consistency and mitigates the risk of overlapping across ...[+++]the policy areas;

5. Welcomes the follow-up given by the Commission to Parliament's request for greater transparency as regards the Financial Engineering Instruments (FEIs), in particular by making the reporting by Member States on financial and implementation issues in the relevant legislation a compulsory procedure , and notes that the Summary report on the progress made in financing and implementing FEIs announced by the Commission in its report on the follow-up to the discharge for the 2010 financial year (COM(2012)0585) was transmitted in due time to Parliament; further notes that the latter provides data on the description of the FEIs and their imp ...[+++]lementation arrangements, identification of the implementing entities and amounts of assistance paid to and by the FEIs;

2. Welcomes the follow-up given by the Commission to Parliament's request for greater transparency as regards the Financial Engineering Instruments (FEIs), in particular by making the reporting by Member States on financial and implementation issues in the relevant legislation a compulsory procedure, and notes that the Summary report on the progress made in financing and implementing FEIs announced by the Commission in its report on the follow-up to the discharge for the 2010 financial year (COM(2012)0585) was transmitted in due time to Parliament; further notes that the latter provides data on the description of the FEIs and their impl ...[+++]ementation arrangements, identification of the implementing entities and amounts of assistance paid to and by the FEIs;