| Author (Corporate) | European Commission |
|---|---|
| Series Details | COM (2019) 444 |
| Publication Date | 11/10/2019 |
| Content Type | Policy-making, Report |
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Summary: Report presented on 11 October 2019 by the European Commission on the protection of the EU's financial interests against fraud and irregularities in 2018. Further information: This is the Commission's thirtieth annual report on the protection of the EU's financial interests and the fight against fraud. This thirty-year period can be divided into three phases of roughly a decade. During the first phase (1989-1998), the legislative foundations of the fight against fraud and irregularities were laid down. The second decade (1999-2008) was a period of consolidation, operational reforms and the largest enlargement in the European Union’s history. During the third decade (2009-2018), the protection of the EU’s financial interests experienced a fresh impetus. The European institutions agreed on a series of new acts and initiatives to further strengthen the fight against fraud at EU level and the conditions were set for a new player – the European Public Prosecutor’s Office (EPPO) – to come on the scene. During 2018, the last year of the third phase, new financial rules were introduced by Regulation (EU, Euratom) 2018/1046 (the 'Omnibus Regulation') to simplify and streamline the use of EU funds and to redefine conflict of interests for all the financial actors implementing the EU budget in the various management modes, including at national level. This report is accompanied by five Staff Working Documents: (i) Implementation of Article 325 by the Member States in 2018; (ii) Statistical evaluation of irregularities reported for 2018; (iii) Follow-up of recommendations to the Commission report on the protection of the EU’s financial interests and the fight against fraud, 2017; (iv) Early Detection and Exclusion System (EDES); and (v) Annual overview with information on the results of the Hercule III Programme in 2018. |
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| Source Link | Link to Main Source https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2019:444:FIN |
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| Subject Categories | Economic and Financial Affairs |
| Subject Tags | Corruption | Fraud | Mismanagement, EU Budget |
| Keywords | European Anti-Fraud Office [OLAF] |
| International Organisations | European Union [EU] |
