Auditors publish report on SRB’s, Commission’s and Council’s contingent liabilities

The Single Resolution Board (SRB) and the European Commission should continuously assess their financial risks and accounting thereof, arising from contingent liabilities related to bank-resolution lawsuits as from their 2018 accounts, according to a new report by the European Court of Auditors. The auditors reviewed the possible obligations of the SRB, Commission and Council arising … Continue reading Auditors publish report on SRB’s, Commission’s and Council’s contingent liabilities

Court of Justice of the EU: case handling improved, but more active management needed, say Auditors

The Court of Justice of the European Union has taken a number of significant steps to improve its case handling over recent years, but further improvements could still be made, according to a new performance review by the European Court of Auditors. The Court of Justice of the European Union (CJEU) consists of two Courts: … Continue reading Court of Justice of the EU: case handling improved, but more active management needed, say Auditors