Home Europe European Parliament Decision (EU) 2024/2278 of the European Parliament of 11 Apr...
Date: 10-Oct-2024 Category: Not Applicable State: Union Government Country: Europe

Decision (EU) 2024/2278 of the European Parliament of 11 April 2024 on the closure of the accounts of the European Banking Authority for the financial year 2022

Issued by European Parliament · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

What it means

  • The European Parliament has approved the closure of the accounts of the European Banking Authority (EBA) for the financial year 2022. This signifies the completion of the audit and review process for the EBA's financial activities during that period.

Key Changes

  • The European Parliament formally approved the closure of the accounts of the European Banking Authority for the financial year 2022 via Decision (EU) 2024/2278 on April 11, 2024.
  • The decision was based on the final annual accounts of the EBA for 2022, the Court of Auditors’ annual report on EU agencies for 2022, and the Court of Auditors’ statement of assurance regarding the reliability of the accounts and the legality/regularity of the underlying transactions.
  • The Council's recommendation of February 22, 2024, on granting discharge to the EBA concerning the implementation of the budget for the financial year 2022, was also considered.
  • The President of the European Parliament is instructed to forward the decision to the Executive Director of the EBA, 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).

Impact Analysis

European Banking Authority (EBA)

  • The EBA should continue to implement recommendations from the Court of Auditors to improve financial management and transparency.

European Parliament

  • The Committee on Budgetary Control's report (A9-0111/2024) played a key role in informing the Parliament's decision.

Council of the European Union

  • The Council should take note of the Parliament's decision and ensure alignment in future budgetary processes.

Court of Auditors

  • The Court of Auditors should continue to audit EU agencies and provide independent assessments of their financial performance.

European Commission

  • The European Commission should take note of the Parliament's decision and ensure alignment in future budgetary processes.

Key Entities Referenced

European Banking Authority (EBA): A European Supervisory Authority responsible for ensuring effective and consistent prudential regulation and supervision across the European banking sector. European Parliament: The directly elected parliamentary institution of the European Union. Council of the European Union: A body representing the governments of the EU member states. Court of Auditors: The EU's independent external auditor, responsible for auditing the EU's finances. European Commission: The executive branch of the European Union, responsible for proposing legislation, implementing decisions, and managing the EU's budget. Treaty on the Functioning of the European Union: One of the primary treaties of the European Union. Regulation (EU, Euratom) 2018/1046: Regulation on the financial rules applicable to the general budget of the Union. Regulation (EU) No 1093/2010: Regulation establishing the European Banking Authority. Commission Delegated Regulation (EU) 2019/715: Framework financial regulation for the bodies set up under the TFEU and Euratom Treaty.
Official Source Record View Original Source →
See Full Document Text
Official Journal EN of the European Union L series 2024/2278 10.10.2024 DECISION (EU) 2024/2278 OF THE EUROPEAN PARLIAMENT of 11 April 2024 on the closure of the accounts of the European Banking Authority for the financial year 2022 THE EUROPEAN PARLIAMENT, — having regard to the final annual accounts of the European Banking Authority for the financial year 2022, — having regard to the Court of Auditors’ annual report on EU agencies for the financial year 2022, together with the agencies’ replies(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 2022, pursuant to Article 287 of the Treaty on the Functioning of the European Union, — having regard to the Council’s recommendation of 22 February 2024on discharge to be given to the Authority in respect of the implementation of the budget for the financial year 2022 (06180/2024 – C9-0084/2024), — having regard to Article 319 of the Treaty on the Functioning of the European Union, — 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(3), and in particular Article 70 thereof, — having regard to Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC(4), and in particular Article 64 thereof, — having regard to Commission Delegated Regulation (EU) 2019/715 of 18 December 2018 on the framework financial regulation for the bodies set up under the TFEU and Euratom Treaty and referred to in Article 70 of Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council(5), and in particular Article 105 thereof, — having regard to Rule 100 of and Annex V to its Rules of Procedure, — having regard to the report of the Committee on Budgetary Control (A9-0111/2024), 1. Approves the closure of the accounts of the European Banking Authority for the financial year 2022; 2. Instructs its President to forward this decision to the Executive Director of the European Banking 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 Roberta METSOLA Alessandro CHIOCCHETTI (1) OJ C, C/2023/594, 27.10.2023. (2) OJ C, C/2023/112, 12.10.2023. (3) OJ L 193, 30.7.2018, p. 1. (4) OJ L 331, 15.12.2010, p. 12. (5) OJ L 122, 10.5.2019, p. 1. ELI: http://data.europa.eu/eli/dec/2024/2278/oj 1/1

Continue your research