OpenLegislation

Division (4) SYSTEM AUDITSF1

United Kingdom

Original text. Later amendments are not shown.

This section shall include the following information:

  1. 4.1

    Details of the bodies that have carried out system audits to verify whether the management and control system of the fund have functioned effectively (as provided for in Article 14(2) of Commission Delegated Regulation (EU) No 1042/2014).

  2. 4.2

    In relation to Table 10.1 ‘ Results of system audits ’ annexed to the annual control report, a description of the main findings and conclusions drawn from system audits on key requirements.

  3. 4.3

    Indication of whether any problems detected are considered to be systemic in nature, quantification of irregular financial data and applicable corrective measures to address such systemic errors, including any related financial corrections made in accordance with Article 46 of Regulation (EU) No 514/2014 and Implementing Regulation (EU) No 378/2015.

  4. 4.4

    Information on the follow-up of audit recommendations from system audits carried out in previous years.

Annotations

Textual amendments

F1

Inserted by Commission Delegated Regulation (EU) 2018/1291 of 16 May 2018 amending Delegated Regulation (EU) No 1042/2014 supplementing Regulation (EU) No 514/2014 of the European Parliament and of the Council with regard to the designation and management and control responsibilities of Responsible Authorities and with regard to status and obligations of Audit Authorities.