Article 30

The budget of the Union body shall be implemented in compliance with effective and efficient internal control. For the purposes of the implementation of the budget of the Union body, internal control is defined as a process applicable at all levels of management and designed to provide reasonable assurance of achieving the following objectives: effectiveness, efficiency and economy of operations; reliability of reporting; safeguarding of assets and information; prevention, detection, correction and follow-up of fraud and irregularities; adequate management of the risks relating to the legality and regularity of the underlying transactions, taking into account the multiannual character of programmes as well as the nature of the payments concerned. Effective internal control shall be based on best international practices and include, in particular, the following: segregation of tasks; an appropriate risk management and control strategy including control at recipient level; avoidance of conflicts of interests; adequate audit trails and data integrity in data systems; procedures for monitoring of performance and for follow-up of identified internal control weaknesses and exceptions; periodic assessment of the sound functioning of the internal control system. Efficient internal control shall be based on the following elements: the implementation of an appropriate risk management and control strategy coordinated among appropriate actors involved in the control chain; the accessibility for all appropriate actors in the control chain of the results of controls carried out; reliance, where appropriate, on independent audit opinions, provided that the quality of the underlying work is adequate and acceptable and that it was performed in accordance with agreed standards; the timely application of corrective measures including, where appropriate, dissuasive penalties; the elimination of multiple controls; improving the cost-benefit ratio of controls.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-01 · Text as adopted (Official Journal); later amendments are not incorporated in this text.