New Study to support an implementation report on the basis of Article 18(4) of Directive (EU)2017/1371 of 5 July 2017 on the fight against fraud to the Union’s financial interests by means of criminal law

Did you know that more than 90% of the EU budget is managed nationally? Damage to the EU budget resulting from crime and other illegal activities amounts to hundreds of millions of euros each year. Directive (EU) 2017/1371 of the European Parliament and of the Council on the fight against fraud to the Union’s financial interests by means of criminal law (PIF Directive) was adopted in order to strengthen the protection of the EU’s financial interests.
In this context, Spark is delighted to conduct, along with Tipik, a ‘Study to support an implementation report on the basis of Article 18(4) of Directive (EU)2017/1371 of 5 July 2017 on the fight against fraud to the Union’s financial interests by means of criminal law’ for the European Commission (DG JUST).

The aim of the study is to assess the transposition and implementation of the PIF Directive, to gather statistics on the criminal offences referred to in Articles 3, 4 and 5 of the Directive and to assess, in accordance with Article 18(4), with regard to the general objective to strengthen the protection of the Union’s financial interests, whether: (a) the threshold indicated in Article 2(2) is appropriate; (b) the provisions relating to limitation periods are sufficiently effective; and (c) whether this Directive effectively addresses cases of procurement fraud.