The action of the European Union (EU) in the field of budgetary control is based on two principles: on the one hand, ensuring that the EU’s budget is properly spent and, on the other, protecting the Union’s financial interests and combating fraud. The European Anti-Fraud Office (OLAF) has the power to investigate fraud against the EU budget, corruption and serious misconduct and develops anti-fraud policy. The European Public Prosecutor’s Office (EPPO) investigates, prosecutes and brings to justice crimes against the EU budget. Even if their primary focus is not strictly on protecting the Union’s financial interests, EUROPOL and Eurojust provide additional support. Finally, the anti-fraud landscape will soon be marked by a further decentralised EU agency, the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA). Source : © European Union, 2025 - EP Read more