in force 2026-06-11 MODIFIED+68 −6§
Amended by Regulation (EU) 2026/808 32026R0808
applies from: unchanged
Paragraph 3 now describes the Board's responsibility as covering the adoption of internal control standards in addition to putting in place internal control systems and procedures.
The paragraph also specifies that this responsibility lies with the Board in its plenary session, rather than with the Board without that qualification.
Cited: Art. 62, v2 · Art. 62, v1
text before / after
02014R0806-20251110 → 02014R0806-20260611
Article 62
Internal audit and control
1. An internal audit function shall be set up within the Board, to be performed in compliance with the relevant international standards. The internal auditor, appointed by the Board, shall be responsible to it for verifying the proper operation of budget implementation systems and budgetary procedures of the Board.
2. The internal auditor shall advise the Board on dealing with risks, by issuing independent opinions on the quality of management and control systems and by issuing recommendations for improving the conditions of implementation of operations and promoting sound financial management.
3. The responsibility for adopting internal control standards and putting in place internal control systems and procedures suitable for performing the tasks of the internal auditor shall lie with the Board. Board in its plenary session.