Foreign and Commonwealth Office written question – answered on 18th March 2015.

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Photo of Hugh Bayley Hugh Bayley NATO Parliamentary Assembly UK Delegation

To ask the Secretary of State for Foreign and Commonwealth Affairs, pursuant to the Answer of 10 March 2015 to Questions 226471 and 226472, if he will publish by way of further written Answer the further information he has requested from NATO before the dissolution of the present Parliament.

Photo of David Lidington David Lidington The Minister for Europe

NATO has recently adopted a more open policy to the publication of financial information. The UK has welcomed this move towards improved accountability and governance.

Twenty four sets of accounts for common funded expenditure by NATO and its agencies for 2013 have been completed. The International Board of Auditors for NATO (IBAN) has finalised its audit for all but one. Three of the financial audit reports completed by IBAN were published in September 2014. A further three reports should be published in the coming weeks. NATO expects IBAN to audit the remaining accounts by the end of April 2015. The North Atlantic Council will make decisions on the public release of the remaining audit reports before the end of July 2015. NATO’s policy to release unclassified or declassified financial information was only agreed in January 2015 but it is not retrospective which is why none of the 2013 statements have been published so far.

The 2014 financial statements are currently being finalised but have yet to be audited. Based on the current timetable we would expect them to be released between autumn 2015 and summer 2016.

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