Headlines
On the 1st of February 2012 the European Anti-Fraud Office (OLAF) has introduced important changes to its organisation and working methods. These changes are the result of an internal review launched in March 2011 by OLAF Director-General Giovanni Kessler who took office on 14 February 2011. The new organisational structure and investigative procedures aim at focusing resources on prioritised activities and increasing the efficiency and quality of OLAF's investigations. More...
OLAF in figures
Since its foundation in 1999, OLAF completed 3 500 investigations which resulted in:
- Over €1.1 billion recovered to the EU budget and
- A cumulative of 900 years of prison sentences
Fraud prevention
Drawing on its accumulated knowledge and experience, OLAF helps the authorities responsible for managing EU funds – inside and outside the EU – to understand fraud types, trends, threats and risks, and to protect the EU's financial interests by preventing fraud of all kinds.
Euro protection
OLAF coordinates anti-counterfeiting measures in the euro zone and makes sure euro coins are well protected. Coins from each member of the euro zone are legal tender across the euro zone and therefore common rules and coordination of anti-counterfeiting measures are needed.
