EUROSAI. Magazine N21 - 2015

EUROPEAN ORGANISATION OF SUPREME AUDIT INSTITUTIONS Information on EU 38 www.eurosai.org · N.º 21 - 2015 The 2015 annual meeting of the Contact Committee was hosted and chaired by the State Audit Office of the Republic of Latvia on 18-19 June 2015 in Riga. The meeting coincided with the Latvian Presidency of the Council of the European Union. The heads of supreme audit institutions (SAIs) of Albania, the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Turkey, as well as representatives of the EUROSAI Secretariat and SIGMA, attended the meeting as active observers. The main discussion topic was the European Fund for Strategic Investments (EFSI). Two guest speakers were invited to share their views on the topic. Mr Burkhard Schmidt, (acting) Director of Finance, coordination with EIB, EBRD and IFIs in DG ECFIN at the European Commission, gave a presentation on the financial arrangements concerning the EFSI, and the relevant governance and accountability arrangements. Mr. Nicholas Jennett, Director of New Products and Special Transactions at the European Investment Bank, presented the EIB’s perspective and role in the EFSI/Investment plan for Europe and outlined the process of identifying and selecting the projects. In the ensuing discussion, the heads of SAIs discussed the progress made towards the adoption of the EFSI regulation and the proposed governance, accountability and audit arrangements. The MEETING OF THE CONTACT COMMITTEE OF THE HEADS OF SUPREME AUDIT INSTITUTIONS OF THE EUROPEAN UNION AND THE EUROPEAN COURT OF AUDITORS IN 2015 Riga, Latvia, 18-19 June 2015 Meeting of the Contact Committee of the Supreme Audit Institutions of the European Union and the European Court of Auditors