Treasury of the Republic of Cyprus

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According with the Council of Ministers decision no. 9292.045, dated 27 October 2021, the Treasury of the Republic, through the Directorate of Financial Control of European Funds was appointed as the Competent Authority for Controllers Designation. As a result of implementing the use of decentralized control system for the European Territorial Cooperation Programmes, under which the beneficiaries/partners of the approved projects for co-funding propose the Competent Authority for Controllers Designation an independent First Level Controller, who will perform the administrative and on-the-spot verifications for the project expenditure.  

The Directorate of Financial Control of European Funds of the Treasury of the Republic, as the Competent Authority for Controllers Designation performs sample quality checks, at the level of Controllers, applying a methodology of risk assessment to ensure the effectiveness of the national First Level Controller System. The quality checks aim to verify the capacity of Controllers to carry out the tasks assigned to them, the legality, regularity and eligibility of the expenditure declared for co-financing. 

The Competent Authority for Controllers Designation organises on its own or in cooperation with other responsible Programme Authorities seminars or workshops in order to ensure the quality of the first level controls undertaken and their timely completion. The participation of controllers and / or the control teams (where applicable) in trainings / seminars / workshops organized by the Designation Authority is mandatory and a prerequisite for the granting of the First Level Controller Designation. 


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