Basic regulations regarding
European political foundations
The activities of European political foundations fall under European regulations; these regulations refer to the legal framework, internal functioning and funding, as well as the financing, judicial control, transparency and accountability of European political foundations.
The rules of funding are laid down by a regulation adopted by the Council and the Parliament, pursuant to Article 10 paragraph 4 of the Treaty on European Union and Article 224 of the Treaty on the Functioning of the European Union. The implementing procedures are adopted by the Bureau of the European Parliament.
The following rules apply from the procedure concerning funding of financial year 2018 onwards:
Regulation (EU, EURATOM) No 1141/2014
Decision of the Bureau of the European Parliament of 12 June 2017
Rules on grants (Title VI of Part I of the Financial Regulation and corresponding provisions of the Rules of Application of the Financial Regulation)
In compliance with European regulations and in line with our aim of transparency, the balance sheet and income statement exercise, the budgetary form exercise and the report of the external auditor exercise are all open to public enquiry.
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