# C_2022484EN.01001301.xml

| 20.12.2022 | EN | Official Journal of the European Union | C 484/13 |
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20.12.2022

EN

Official Journal of the European Union

C 484/13

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RECOMMENDATION OF THE EUROPEAN CENTRAL BANK

of 13 December 2022

to the Council of the European Union on the external auditors of the Oesterreichische Nationalbank

(ECB/2022/44)

(2022/C 484/02)

THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to the Statute of the European System of Central Banks and of the European Central Bank, and in particular Article 27.1 thereof,

Whereas:

| (1) | The accounts of the European Central Bank (ECB) and national central banks of the Member States whose currency is the euro are audited by independent external auditors recommended by the ECB’s Governing Council and approved by the Council of the European Union. |
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(1)

The accounts of the European Central Bank (ECB) and national central banks of the Member States whose currency is the euro are audited by independent external auditors recommended by the ECB’s Governing Council and approved by the Council of the European Union.

| (2) | Article 37(1) of the Austrian Federal Act on the Oesterreichische Nationalbank provides that the General Meeting of the Oesterreichische Nationalbank elects one external auditor and one alternate external auditor for a multi-year period of, at most, five years. The alternate external auditor will be mandated only in the event that the external auditor is unable to perform the audit. |
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(2)

Article 37(1) of the Austrian Federal Act on the Oesterreichische Nationalbank provides that the General Meeting of the Oesterreichische Nationalbank elects one external auditor and one alternate external auditor for a multi-year period of, at most, five years. The alternate external auditor will be mandated only in the event that the external auditor is unable to perform the audit.

| (3) | The mandate of Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H., the current external auditor of the Oesterreichische Nationalbank, and the mandate of Deloitte Audit Wirtschaftsprüfungs GmbH, the current alternate external auditor, will both end following the audit for the financial year 2022. It is therefore necessary to appoint external auditors from the financial year 2023. |
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(3)

The mandate of Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H., the current external auditor of the Oesterreichische Nationalbank, and the mandate of Deloitte Audit Wirtschaftsprüfungs GmbH, the current alternate external auditor, will both end following the audit for the financial year 2022. It is therefore necessary to appoint external auditors from the financial year 2023.

| (4) | The Oesterreichische Nationalbank has selected BDO Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft as its external auditor for the financial years 2023 to 2027. The Oesterreichische Nationalbank will select its alternate external auditor at a later point in time, |
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(4)

The Oesterreichische Nationalbank has selected BDO Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft as its external auditor for the financial years 2023 to 2027. The Oesterreichische Nationalbank will select its alternate external auditor at a later point in time,

HAS ADOPTED THIS RECOMMENDATION:

It is recommended that BDO Austria GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft should be appointed as the external auditor of the Oesterreichische Nationalbank for the financial years 2023 to 2027.

Done at Frankfurt am Main, 13 December 2022.

The President of the ECB

Christine LAGARDE

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