Summary
The European Parliament has decided not to object to a new regulation that updates how EU institutions manage their budget and procurement processes. This ensures they follow the latest rules for public contracts. 10 16.12.2015
Other
finance
budgetary control
administrative law
public administration
Key points
- The decision updates the financial rules that apply to the general budget of the European Union.
- The update is based on specific powers granted to the Commission regarding financial rules.
- The new rules align EU procurement and concession contract procedures with updated European directives.
- The changes are intended to take effect at the beginning of the 2016 financial year to ensure a smooth transition.
Documents (PDFs)
RECOMMENDATION FOR A DECISION to raise no objections to Commission Delegated Regulation C(2015)07555 of 30 October 2015 amending Delegated Regulation (EU) 1268/2012 on the rules of application of Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council on the financial rules applicable to the general budget of the Union
Non-objection to a delegated act: rules of application of the Financial Regulation
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