Committee on Budgetary Control (CONT) - Main contents

The Parliamentary Committee on Budgetary Control is responsible for:

• 1. 

  The control of the implementation of the budget of the Union and of the European Development Fund, and the decisions on discharge to be taken by Parliament, including the internal discharge procedure and all other measures accompanying or implementing such decisions

• 2. 

  The closure, presenting and auditing of the accounts and balance sheets of the Union, its institutions and any bodies financed by it, including the establishment of appropriations to be carried over and the settling of balances

• 3. 

  The control of the financial activities of the European Investment Bank

• 4. 

  Monitoring the cost-effectiveness of the various forms of Community financing in the implementation of the Union's policies

• 5. 

  Consideration of fraud and irregularities in the implementation of the budget of the Union, measures aiming at preventing and prosecuting such cases, and the protection of the Union's financial interests in general

• 6. 

  Relations with the Court of Auditors, the appointment of its members and consideration of its reports

• 7. 

  The Financial Regulation as far as the implementation, management and control of the budget are concerned