CELEX: 52003HB0003
Language: en
Date: 2003-03-06 00:00:00
Title: Recommendation of the European Central Bank of 6 March 2003 to the Council of the European Union on the external auditors of the Deutsche Bundesbank (ECB/2003/3)

27.3.2003             EN                         Official Journal of the European Union                                         C 75/11
                                          EUROPEAN CENTRAL BANK
                                    RECOMMENDATION OF THE EUROPEAN CENTRAL BANK
                                                            of 6 March 2003
                 to the Council of the European Union on the external auditors of the Deutsche Bundesbank
                                                               (ECB/2003/3)
                                                             (2003/C 75/11)
THE GOVERNING COUNCIL OF THE EUROPEAN CENTRAL BANK,                          annual accounts starting from the financial year 2003,
                                                                             and it has therefore requested the ECB to recommend the
Having regard to the Statute of the European System of Central               appointment of a second auditor.
Banks and of the European Central Bank, and in particular to
Article 27.1 thereof,                                                    (5) The Deutsche Bundesbank has selected the proposed
                                                                             auditors in accordance with the public procurement rules
Whereas:                                                                     applicable to the Deutsche Bundesbank, and the ECB
                                                                             considers that the proposed auditors fulfil the necessary
(1) The accounts of the European Central Bank and of the                     requirements,
     national central banks of the Eurosystem are audited by
     independent external auditors recommended by the
                                                                         HEREBY RECOMMENDS:
     Governing Council and approved by the Council of the
     European Union.
                                                                         PwC Deutsche Revision AG as one of the two external auditors
(2) Pursuant to the Council Decision of 13 March 2000                    of the Deutsche Bundesbank (in addition to the continued
     amending Decision 1999/70/EC concerning the external                mandate of Ernst & Young Deutsche Allgemeine Treuhand
     auditors of the national central banks (2000/223/EC) (1)            AG) from the financial year 2003 for a renewable period of
     Ernst & Young Deutsche Allgemeine Treuhand AG and                   one year.
     KPMG Deutsche Treuhand-Gesellschaft AG were approved
     as the external auditors of the Deutsche Bundesbank for the         This recommendation shall be published in the Official Journal
     annual accounts starting from the financial year 2000.              of the European Union.
(3) The Deutsche Bundesbank decided in 2002 to maintain
     Ernst & Young Deutsche Allgemeine Treuhand AG as its                Done at Frankfurt am Main, 6 March 2003.
     sole external auditor for the annual accounts starting
     from the financial year 2002.
                                                                                                             The President of the ECB
(4) The Deutsche Bundesbank considers it advisable to once
     again have two external auditors appointed for the                                                       Willem F. DUISENBERG
(1) OJ L 71, 18.3.2000, p. 24.