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#32026D0443Council Decision (EU) 2026/443 amending Decision 1999/70/EC on external auditors of national central banks regarding Eesti Pank

🇪🇺European Union··Other·Low Impact·View source ↗

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🇬🇧 English

This Council Decision approves the appointment of KPMG Baltics OÜ as the external auditors of Eesti Pank, the central bank of Estonia. It replaces the previous auditor Ernst & Young Baltic AS whose mandate ends after the 2025 financial year audit. The new appointment covers the financial years 2026 through 2030 inclusive. The decision follows a recommendation from the European Central Bank’s Governing Council, in accordance with Article 27.1 of the Statute of the ESCB and ECB. It amends paragraph 17 of Article 1 in the existing Decision 1999/70/EC to reflect this change.

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Key Changes

  • Appointment of KPMG Baltics OÜ as external auditors of Eesti Pank for financial years 2026 to 2030
  • Replaces Ernst & Young Baltic AS whose mandate ends after the 2025 audit
  • Amends paragraph 17 of Article 1 in Council Decision 1999/70/EC

+ 3 more changes with Pro

Obligations

What this law requires

high

Appoint KPMG Baltics OÜ as the external auditor of Eesti Pank for the financial years 2026 through 2030 inclusive

Eesti Pank (Estonian central bank)
operational
high

Terminate the mandate of Ernst & Young Baltic AS as external auditor of Eesti Pank after completion of the 2025 financial year audit

Eesti Pank (Estonian central bank)
operational
high

Ensure KPMG Baltics OÜ conducts independent external audits of Eesti Pank's accounts for financial years 2026-2030

KPMG Baltics OÜ
operational
high

Apply the amended Article 1, paragraph 17 of Council Decision 1999/70/EC reflecting KPMG Baltics OÜ as approved external auditor

European Central Bank
operational
medium

Implement this Council Decision from the date of its notification

European Central Bank
operational

Affected Parties

Eesti PankEuropean Central Bank+2 more…

Tags

central bank,external audit,Eesti Pank