Date: 2019-09-27Category: Not ApplicableState: Union GovernmentCountry: Europe
Decision (EU) 2019/1502 of the European Parliament of 26 March 2019 on the closure of the accounts of the European Securities and Markets Authority for the financial year 2017
Executive Summary:
This is a decision by the European Parliament concerning the closure of the accounts of the European Securities and Markets Authority (ESMA) for the financial year 2017. It references the final annual accounts, the Court of Auditors' report, and the Council's recommendation. The decision approves the closure of the accounts and mandates its communication to relevant parties.
Key Points / Main Content:
* **Decision:**
* The European Parliament approves the closure of the accounts of the European Securities and Markets Authority for the financial year 2017.
* **Mandates:**
* The President of the European Parliament is instructed to forward the decision to:
* The Executive Director of ESMA
* The Council
* The Commission
* The Court of Auditors
* The President is also instructed to arrange for the publication of the decision in the Official Journal of the European Union L series.
Impact Analysis:
* **European Securities and Markets Authority (ESMA):**
* *Impact:* The accounts of ESMA for the financial year 2017 are formally closed.
* *Action Required:* The Executive Director receives the decision.
* **Council:**
* *Impact:* Receives the decision regarding the closure of ESMA's accounts.
* *Action Required:* Acknowledgment of the decision.
* **Commission:**
* *Impact:* Receives the decision regarding the closure of ESMA's accounts.
* *Action Required:* Acknowledgment of the decision.
* **Court of Auditors:**
* *Impact:* Receives the decision regarding the closure of ESMA's accounts, following their report on the accounts.
* *Action Required:* Acknowledgment of the decision.
* **President of the European Parliament:**
* *Impact:* Responsible for the execution of the decision.
* *Action Required:* Forward the decision to the specified parties and arrange for its publication.
Key Entities Referenced
European Parliament: Legislative branch of the European Union.
European Securities and Markets Authority: A European Union financial regulatory agency.
Court of Auditors: The European Court of Auditors is one of the institutions of the European Union, established to audit the finances of the EU.
Treaty on the Functioning of the European Union: One of the primary treaties of the European Union.
Council of the European Union: A component of the EU legislative branch, comprised of ministers from member states.
Regulation EU, Euratom No 966/2012: Regulation on the financial rules applicable to the general budget of the Union.
Regulation EU, Euratom 2018/1046: Regulation on the financial rules applicable to the general budget of the Union, amending Regulations EU No 1296/2013, EU No 1301/2013, EU No 1303/2013, EU No 1304/2013, EU No 1309/2013, EU No 1316/2013, EU No 223/2014, EU No 283/2014, and Decision No 541/2014/EU and repealing Regulation EU, Euratom No 966/2012
Commission: Refers to the European Commission
L 249/262 EN Official Journal of the European Union 27.9.2019
DECISION (EU) 2019/1502 OF THE EUROPEAN PARLIAMENT
of 26 March 2019
on the closure of the accounts of the European Securities and Markets Authority for the financial
year 2017
THE EUROPEAN PARLIAMENT,
— having regard to the final annual accounts of the European Securities and Markets Authority for the financial
year 2017,
— having regard to the Court of Auditors' report on the annual accounts of the European Securities and Markets
Authority for the financial year 2017, together with the Authority's reply (1),
— having regard to the statement of assurance (2) as to the reliability of the accounts and the legality and regularity of
the underlying transactions provided by the Court of Auditors for the financial year 2017, pursuant to Article 287
of the Treaty on the Functioning of the European Union,
— having regard to the Council's recommendation of 12 February 2019 on discharge to be given to the Authority in
respect of the implementation of the budget for the financial year 2017 (05825/2019 – C8-0094/2019),
— having regard to Article 319 of the Treaty on the Functioning of the European Union,
— having regard to Regulation (EU, Euratom) No 966/2012 of the European Parliament and of the Council of
25 October 2012 on the financial rules applicable to the general budget of the Union and repealing Council
Regulation (EC, Euratom) No 1605/2002 (3), and in particular Article 208 thereof,
— having regard to Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council of 18 July
2018 on the financial rules applicable to the general budget of the Union, amending Regulations (EU)
No 1296/2013, (EU) No 1301/2013, (EU) No 1303/2013, (EU) No 1304/2013, (EU) No 1309/2013, (EU)
No 1316/2013, (EU) No 223/2014, (EU) No 283/2014, and Decision No 541/2014/EU and repealing Regulation
(EU, Euratom) No 966/2012 (4), and in particular Article 70 thereof,
— having regard to Regulation (EU) No 1095/2010 of the European Parliament and of the Council of 24 November
2010 establishing a European Supervisory Authority (European Securities and Markets Authority), amending
Decision No 716/2009/EC and repealing Commission Decision 2009/77/EC (5), and in particular Article 64 thereof,
— having regard to Commission Delegated Regulation (EU) No 1271/2013 of 30 September 2013 on the framework
financial regulation for the bodies referred to in Article 208 of Regulation (EU, Euratom) No 966/2012 of the
European Parliament and of the Council (6), and in particular Article 108 thereof,
— having regard to Rule 94 of and Annex IV to its Rules of Procedure,
— having regard to the report of the Committee on Budgetary Control and the opinion of the Committee on
Economic and Monetary Affairs (A8-0141/2019),
1. Approves the closure of the accounts of the European Securities and Markets Authority for the financial year 2017;
2. Instructs its President to forward this decision to the Executive Director of the European Securities and Markets
Authority, the Council, the Commission and the Court of Auditors, and to arrange for its publication in the Official
Journal of the European Union (L series).
The President The Secretary-General
Antonio TAJANI Klaus WELLE
(1) OJ C 434, 30.11.2018, p. 87.
(2) OJ C 434, 30.11.2018, p. 87.
(3) OJ L 298, 26.10.2012, p. 1.
(4) OJ L 193, 30.7.2018, p. 1.
(5) OJ L 331, 15.12.2010, p. 84.
(6) OJ L 328, 7.12.2013, p. 42.