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Legislation

Financial Regulation

The Regulation sets out the rules for awarding grants and for procurement procedures. Grants and service contracts are awarded subject to the principles of transparency and equal treatment.

Council Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Communities

Amending acts:

  • Council Regulation (EC, Euratom) No 1995/2006 of 13 December 2006 amending Regulation (EC, Euratom) No 1605/2002 on the Financial Regulation applicable to the general budget of the European Communities
  • Council Regulation (EC) No 1525/2007 of 17 December 2007 amending Regulation (EC, Euratom) No 1605/2002 on the Financial Regulation applicable to the general budget of the European Communities
  • Regulation (EU, Euratom) No 1081/2010 of the European Parliament and of the Council of 24 November 2010 amending Regulation (EC, Euratom) No 1605/2002 of 25 June 2002 on the Financial Regulation applicable to the general budget of the European Communities
  • Consolidated text of the Financial Regulation

Detailed rules for the implementation of the Financial Regulation

Commission Regulation (EC, Euratom) No 2342/2002 of 23 December 2002 laying down detailed rules for the implementation of Council Regulation (EC, Euratom) No 1605/2002 on the Financial Regulation applicable to the general budget of the European Communities, [Official Journal L 357, 31.12.2002].

This Regulation was amended by:

  • Commission Regulation (EC, Euratom) No 1261/2005 of 20 July 2005 [Official Journal L 201 of 2.8.2005];
  • Commission Regulation (EC, Euratom) No 1248/2006 of 7 August 2006 [Official Journal L 227 of 19.8.2006];
  • Commission Regulation (EC, Euratom) No 478/2007 of 23 April 2007 [Official Journal L 111 of 28.4.2007];
  • Consolidated text of the Implementing Rules.

Standard Financial Regulation for executive agencies

Commission Regulation (EC, Euratom) No 1653/2004 of 21 September 2004, on a standard financial regulation for the executive agencies pursuant to Council Regulation (EC) No 58/2003 laying down the statute for executive agencies to be entrusted with certain tasks in the management of Community programmes [Official Journal L 297, 22.9.2004].

The Regulation was amended by: