| Author (Corporate) | European Commission: DG Employment Social Affairs and Inclusion |
|---|---|
| Publisher | Publications Office of the European Union |
| Publication Date | 2016 |
| ISBN | 978-92-79-53986-2 |
| EC | KE-04-15-934-EN-N |
| Content Type | Research Paper |
|
Summary: The European Commission has developed Arachne, a risk-scoring tool addressed to the managing authorities and intermediate bodies for projects funded by the European Social Fund, European Regional Development Fund and Cohesion Fund that is seen as one of the tools for ‘effective and proportionate anti-fraud measures’ according to Regulation (EU) No 1303/2013. In addition, Arachne can boost the effectiveness and efficiency of management verifications and help to reduce the error rate and detect and prevent potential irregularities in projects or contracts. |
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| Source Link | Link to Main Source http://dx.doi.org/10.2767/790939 |
| Subject Categories | Internal Markets |
| Keywords | Cohesion Fund [CF], European Regional Development Fund [ERDF] |
| International Organisations | European Union [EU] |
