EU ROUND UP – EUROPEAN COMMISSION RELEASES NEW ANTI-FRAUD STRATEGY

FACED with continuing high levels of fraud attacking European Union (EU) institutions, the European Commission has released its first update of its overall anti-fraud strategy since 2011. The need for a refresh is borne out by crime data: in 2017, EUR467.1 was lost to fraud affecting EU spending and revenue generating programmes. As a result, this new Commission Anti-Fraud Strategy, (CAFS is the acronym), will look to beef up how the EU executive collects and analyses fraud data, while boosting how its officials cooperate with national governments to fight ...


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