At the Final Reporting stage ECHO asks the partner to submit the general ledger. Does this imply that partners can expect to be asked a large amount of questions at liquidation stage?

The controls that ECHO will make at liquidation stage will vary according to the level of the error rate of the partner identified during the periodic assessment.

If the error rate is lower than 2%, a fast track procedure will be applied, meaning that, in principle, ECHO will not go into the details of the ledger.

In case the error rate is higher than the 2%, ECHO will analyse the report in more detail. However, if needed, ECHO reserves the right to ask for more information regardless of the error rate identified.