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Working Group on the Protection of the Communities' Financial Interests

 
The Working Group on the Protection of the Communities' Financial Interests was established in 2001 to:
  • identify the statutory framework which exists in each Member State to protect the financial interests of the Communities and the structure of the authority set up for this purpose, and its remit; and
  • analyse the powers, remit and specific activities performed by the national and/or central/regional SAIs to protect the financial interests of the Communities.
 
The Working Group concluded its mandate in 2003 after submitting its final report on “the protection of the financial interests of the European Communities”, which was adopted by the Contact Committee.
 
For further information contact
 
 

Related report:

 

12/10/2009

Final Report of Working Group on the Protection of the Communities' Financial Interests


The Working Group’s report establishes a clear framework of Member States’ and SAIs’ competencies in the protection of the Communities’ financial interests for the purpose of considering further areas in which the work of the SAIs might be coordinated or be taken forward at national level. The Report contains four sections: i. General approach on the role of a SAI for the protection of the Communities` Financial Interests; ii. External audit as instrument of prevention and detection of fraud, corruption and money laundering; iii. Role of SAIs empowered by judicial function; iv. The role of SAIs in prevention of irregularities and promotion of good administrative practices in this area.


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