2016 discharge: European Training Foundation (ETF)
Having examined the revenue and expenditure accounts for the financial year 2016 and the balance sheet as at 31 December 2016 of the European Training Foundation (ETF), as well as the Court of Auditors' report on the annual accounts of the Foundation for the financial year 2016, accompanied by the Foundation's replies to the Court's observations, the Council recommended the European Parliament to give a discharge to the Director of the Foundation in respect of the implementation of the budget for the financial year 2016.
The Council welcomed the Court's opinion that, in all material respects, the Foundation's annual accounts present fairly its financial position as at 31 December 2016 and the results of its operations and its cash flows for the year then ended, in accordance with the provisions of the Foundation's Financial Regulation, and that the underlying transactions for 2016 are legal and regular in all material respects.
Nevertheless, the following observations were made:
- governance: the Council welcomed the positive evaluation of the Foundation's governance. It encouraged the Foundation to build on this positive outcome in relation to its monitoring capacity in order to give an even clearer picture of its activities and achievements;
- host country: the Council noted with concern the unsatisfactory situation of the Foundation's premises and called on the Foundation to request the host country to remedy the shortcomings, in particular in light of the host agreement guaranteeing appropriate facilities until 2027.