Report on the annual accounts of the European Monitoring Centre for Drugs and Drug Addiction for the financial year 2016 together with the Centre’s reply
1. This is the annual report by the European Court of Auditors (ECA) on the accounts of the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA). The EMCDDA is an agency of the European Union established under Regulation (EC) No. 1920/2006 (recast) of the European Parliament and of the Council of 12 December 2006 (referred to below as the “EMCDDA Founding Regulation”). The EMCDDA is responsible for collecting, analysing and disseminating information on drugs and drug addiction in Europe.
2. On the accounts of the EMCDDA for the year ending 31December 2016, the ECA report concludes that they are reliable and that the underlying transactions, taken as a whole, are legal and regular. The EMCDDA acknowledged the ECA report.
3. The EMCDDA has a good track record for financial management. This continues to be the case, as demonstrated by the latest report from the Court of Auditors.