Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-26-Speech-3-234-750"

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"en.20111026.16.3-234-750"2
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". The report on the proposal for a regulation on the financial rules applicable to the annual budget of the Union underlines the importance of preserving and strengthening the key aspects of the financial reform: the role of the financial actors and internal auditors, the integration of controls in operational services, activity-based budgeting and the modernisation of the basic principles on grants. I voted for Amendment 273, which stipulates that financial operations benefiting from an EU financial instrument cannot give rise to tax evasion activities. In practical terms, the financial operators managing the relevant financial instruments will be jointly liable with any perpetrators for financial losses arising from the infringement of this provision. I voted for Amendment 302, which sets out the conditions which EU financial instruments need to comply with. I also voted for Amendment 304, which obliges the Commission to submit annual reports to the budgetary authority on the activities supported by financial instruments, on the financial institutions involved in their implementation, on the performance of financial instruments, including reinvestments made, revenues and repayments, the multiplier effect achieved and the value of participations. I voted for Amendment 278, which calls on the Commission to publish in the annual report a list of the final beneficiaries of the financial instruments and the amounts of financing they received. I also voted for Amendment 305, which calls on the Commission to present precise, consistent and transparent rules of procedure for audits."@en1

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