# L_2021103EN.01000301.xml

| 24.3.2021 | EN | Official Journal of the European Union | L 103/3 |
| --- | --- | --- | --- |

24.3.2021

EN

Official Journal of the European Union

L 103/3

---

COUNCIL DECISION (EU) 2021/511

of 22 March 2021

amending Decision 1999/70/EC concerning the external auditors of the national central banks, as regards the external auditors of Eesti Pank

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 4 February 2021 to the Council of the European Union on the external auditors of Eesti Pank (ECB/2021/5) (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. |
| --- | --- |

(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 Eesti Pank expired after the audit for the financial year 2020. It is therefore necessary to appoint external auditors from the financial year 2021. |
| --- | --- |

(2)

The mandate of the external auditors of Eesti Pank expired after the audit for the financial year 2020. It is therefore necessary to appoint external auditors from the financial year 2021.

| (3) | Eesti Pank has selected Ernst & Young Baltic AS as its external auditors for the financial years 2021 to 2025. |
| --- | --- |

(3)

Eesti Pank has selected Ernst & Young Baltic AS as its external auditors for the financial years 2021 to 2025.

| (4) | The Governing Council of the ECB has recommended that Ernst & Young Baltic AS be appointed as the external auditors of Eesti Pank for the financial years 2021 to 2025. |
| --- | --- |

(4)

The Governing Council of the ECB has recommended that Ernst & Young Baltic AS be appointed as the external auditors of Eesti Pank for the financial years 2021 to 2025.

| (5) | Following the recommendation of the Governing Council of the ECB, Council Decision 1999/70/EC (2) should be amended accordingly, |
| --- | --- |

(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 17 is replaced by the following:

‘17.   Ernst & Young Baltic AS are hereby approved as the external auditors of Eesti Pank for the financial years 2021 to 2025.’.

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 March 2021.

For the Council

The President

J. BORRELL FONTELLES

---

(1)  
  OJ C 47, 10.2.2021, p. 2.

1

(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).

2

---