Non-objection to financial regulations for public-private partnerships

Summary

The European Parliament has approved updated financial regulations for public-private partnership bodies to ensure consistent auditing and reporting standards across the EU.
10 16.12.2015
Other
budgetary control
administrative law
public administration
public finance and budget policy

Key points

  • The decision aligns financial rules for public-private partnership bodies with other EU entities.
  • The regulation specifically targets bodies operating under established financial frameworks.
  • It updates rules regarding discharge, external audits, and annual reporting.
  • The new regulations are intended to take effect at the beginning of the 2016 financial year.
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