The Financial Regulation (FR) is the main point of reference for the principles and procedures governing the establishment, implementation and control of the EU budget. It is accompanied by Rules of Application (RAP) containing more detailed and technical rules.

The current versions of the Financial Regulation applies from 2 August 2018.

The Financial Regulation is reviewed whenever it proves necessary to do so and in any case at the latest two years before the end of each multiannual financial framework.

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