Topic of the practice
Good Practice Information
Compete has predefined guidelines, instructions and checklists, for management verifications, developed and being continuously improved with the contribution of (i) EU and national law and regulations regarding FEI, (ii) recommendations of our (1) national audit authority and (2) national certification authority; (iii) our work experience and (iv) external partners (namely FIN-EN) experience.
COMPETE has an annual verification plan for on-the-spot checks. The verification plan is set by sampling, considering the universe of FEI operations that are managed by the HF Manager and FEI Manager. The exclusion criteria is defined every year in the planning of the on-the-spot checks. The on-the-spot checks are performed regarding the operations selected
Evidence of success
This practice can be considered a success due to the low number of irregularities of the FEI. the fact that the monitoring procedures are implemented and known by all the stakeholders, constitutes a preventive action regarding wrong utilisation of the FEI.This practice can be also transferred to any region, as it is not dependent on regional specificities.
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