Following the recommendation of the Governing Council of the ECB, Council Decision 1999/70/EC(2)should be amended accordingly,
Verify source ↗ AI-assisted research summary: The Council approves Baker Tilly Klitou and Partners Limited as the external auditors of the Central Bank of Cyprus for financial years 2023 to 2027.
| Official Journal of the European Union | EN C series ---|---|--- * * * | C/2024/4755 | 24.7.2024 ---|---|--- COUNCIL DECISION of 22 July 2024 amending Decision 1999/70/EC concerning the external auditors of the national central banks, as regards the external auditors of the Central Bank of Cyprus (C/2024/4755) THE COUNCIL OF THE EUROPEAN UNION, Having regard to Protocol No 4 on the Statute of the European System of Central Banks and of the European Central Bank, annexed to the Treaty on European Union and the Treaty on the Functioning of the European Union, and in particular Article 27.1 thereof, Having regard to the Recommendation of the European Central Bank of 2 July 2024 to the Council of the European Union on the external auditors of the Central Bank of Cyprus (ECB/2024/16) (1), Whereas: (1) | The accounts of the European Central Bank (ECB) and of the national central banks of the Member States whose currency is the euro are to be audited by independent external auditors recommended by the Governing Council of the ECB and approved by the Council of the European Union. ---|--- (2) | The mandate of the external auditors of the Central Bank of Cyprus, PricewaterhouseCoopers Limited, ended following the audit for the financial year 2022. It is therefore necessary to appoint external auditors from the financial year 2023 onwards. ---|--- (3) | The Central Bank of Cyprus has selected Baker Tilly Klitou and Partners Limited as its external auditors for the financial years 2023 to 2027. ---|--- (4) | The Governing Council of the ECB has recommended that Baker Tilly Klitou and Partners Limited be appointed as the external auditors of the Central Bank of Cyprus for the financial years 2023 to 2027. ---|--- (5) | Following the recommendation of the Governing Council of the ECB, Council Decision 1999/70/EC (2) should be amended accordingly, ---|--- HAS ADOPTED THIS DECISION: Article 1 In Article 1 of Decision 1999/70/EC, paragraph 14 is replaced by the following: ‘14. Baker Tilly Klitou and Partners Limited are hereby approved as the external auditors of the Central Bank of Cyprus for the financial years 2023 to 2027.’. Article 2 This Decision shall take effect on the date of its notification. Article 3 This Decision is addressed to the European Central Bank. Done at Brussels, 22 July 2024. For the Council The President J. BORRELL FONTELLES * * * (1) OJ C, C/2024/4411, 8.7.2024, ELI: http://data.europa.eu/eli/C/2024/4411/oj. (2) Council Decision 1999/70/EC of 25 January 1999 concerning the external auditors of the national central banks (OJ L 22, 29.1.1999, p. 69). * * * ELI: http://data.europa.eu/eli/C/2024/4755/oj ISSN 1977-091X (electronic edition) * * *