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Document 52020HB0014

Recommendation of the European Central Bank of 19 March 2020 to the Council of the European Union on the external auditors of Latvijas Banka (ECB/2020/14) 2020/C 98/01

OJ C 98, 25.3.2020, p. 1–1 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

25.3.2020   

EN

Official Journal of the European Union

C 98/1

RECOMMENDATION OF THE EUROPEAN CENTRAL BANK

of 19 March 2020

to the Council of the European Union on the external auditors of Latvijas Banka (ECB/2020/14)

(2020/C 98/01)

The Governing Council of the European central bank,

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.

(2)

The mandate of Latvijas Banka’s current external auditors will end following the audit for the financial year 2019. It is therefore necessary to appoint external auditors from the financial year 2020.

(3)

Latvijas Banka has selected SIA Ernst & Young Baltic as its external auditors for the financial years 2020 to 2024,

HAS ADOPTED THIS RECOMMENDATION:

It is recommended that SIA Ernst & Young Baltic should be appointed as the external auditors of Latvijas Banka for the financial years 2020 to 2024.

Done at Frankfurt am Main, 19 March 2020.

The President of the ECB

Christine LAGARDE

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