Improving the fight against fraud to the EU budget
The new PIF directive is entering into force on 6 JulyEuropost , Brussels
As of today, the Directive on the fight against fraud to the Union's financial interests by means of criminal law (PIF directive) enters into force. By harmonising the definitions, sanctions and prescription periods of the criminal offences linked to fraud to the EU budget, it will make work of judicial and police authorities more efficient to fight these types of crimes.
The Directive will also be the basis of the work of the European Public Prosecutor's Office. Together with the European Public Prosecutor's Office, the new rules will better protect the EU budget from fraud, said on this occasion Věra Jourová, EU Commissioner for Justice, Consumers and Gender Equality. She added that she count on Member States to fully and swiftly transpose these new rules.The European taxpayers' money must be duly protected from criminals, Commissioner Jourová asserted.
The Directive is part of the Commission's strategy to strengthen the protection of the EU budget. It will improve the deterrence and effectiveness of the fight against criminals by aligning the Member States' approaches. The European Public Prosecutor's Office will play a key role in investigating, prosecuting and enforcing these offences. The new body is currently being set up and should be operational at the end of 2020.