Thank you very much for giving us the opportunity to provide feed-back for further development and fine tuning of the envisaged revision of the Financial Regulation. Based on the long-term experience of our members, the National Promotional Banks and Institutions (NPBIs), we are happy to provide feed-back as laid down in the letter of the Secretary General (see attachment).
EU consultation
Revision of the Financial Regulation 2018/1046
4 submissions from 4 organizations told the European Commission what they think about this file. Here is what each of them said, in their own words.
The Commission lists 48 submissions on this file. Shown here: the 4 from organizations. Not shown, by design: submissions from private individuals, which we never publish, and anything filed since our last weekly refresh.
Who showed up
2 submissions from industry — companies and their trade associations — against 1 from civil society: NGOs, consumer organizations, environmental groups and trade unions. That is 2 industry submissions for every one from civil society.
Groupings use the respondent type each organization selected when filing. Counting submissions, not organizations — a body that filed twice is counted twice.
The file, right now
The consultation closed on 1 Oct 2021 — it ran from 9 Jul 2021.
- Where it stands
- Awaiting adoption
- Adoption expected
- 31 Mar 2022
How it got here
- Roadmap16 Apr 2021
- Public consultation1 Oct 2021
Also on the Commission’s pipeline for this file, with no date recorded: Initiative planned, Proposal for a regulation.
Showing 4 of 4 submissions.
We appreciate the opportunity to provide feedback on the 'Targeted revision of the financial rules applicable to the general budget of the EU (i.e. the Financial Regulation)'. Please find herewith attached the response from the European Association of Public Banks (EAPB). Kind regards
Republic of Poland Ministry of Finance
· · filed 16 Apr 2021 · source
Polish Ministry of Finance is of the opinion, that this revision of the Financial Regulation should have purely technical character. It should clear the regulation from the provisions which are not in line with (contrary to) the financial provisions foreseen in sector specific rules introduced during the MFF negotiations. It should mainly address the issue of derogations from the universal budgetary principles.
Search for Common Ground
· · filed 13 Apr 2021 · source
Administrative simplifications for recipients are very welcome. The cap on indirect costs set in the Financial Regulation is too low for most serious nonprofit and civil society organizations to be able to operate on, and contributes to what is known as the nonprofit starvation cycle…
Method. Every quote is verbatim from the organization’s own submission to the European Commission, trimmed to its opening passage and never summarized by a model. Where a submission was filed in another EU language we show the English text the European Commission publishes alongside it, labeled on the quote; the original is one click away at the source. Groupings use the respondent type the organization itself selected when filing. We deliberately do not label anyone “supportive” or “opposed” — you read what they wrote and draw your own conclusion. Organizations only, never individuals. Reused under Commission Decision 2011/833/EU; the European Commission is not liable for this reuse.