Meeting of euro anti-counterfeiting experts: “11th Euro South East Conference” organised by OLAF
OLAF gathered experts in the fight against euro counterfeiting in one of the most sensitive regions for this crime – the Balkans. Read more…
OLAF experts train Colombian investigators on euro protection
The euro is one of the most counterfeited currencies and the target of criminals all over the world. The European Anti-Fraud Office (OLAF), which plays in important role in the protection of the single European currency, together with the National Public Prosecutor’s Office of Colombia organised a joint training seminar for members of Colombian law enforcement bodies. Read more ...
Three Arrested in Italian Counterfeit Coin Raid
An illegal mint was discovered during a late night raid of a garage in a secluded villa near Rome. Read more...
Euro coins are well protected against counterfeiting by several security features. Overall levels of counterfeiting have been relatively low.
However because each country's euro coins – with distinctive designs – are legal tender across the eurozone, common rules and coordination are needed to ensure anti-counterfeiting measures are equally effective in all countries. OLAF has a particular role in coordinating national measures.
OLAF's European technical and scientific centre supports national efforts to combat counterfeiting of coins by:
Contact ETSC at firstname.lastname@example.org or by fax on +32 2 292 18 84.
Regulation 1210/2010 on euro-coin authentication & handling of coins unfit for circulation [734 KB] introduces specific obligations for national authorities, banks and other credit institutions to ensure equal standards are applied throughout the eurozone. It also includes rules on the handling of coins that are unfit for circulation, as a result of long use, accident or damage.
Coin authentication relies mainly on coin-processing machines used in cash-sorting centres.
The ETSC and Coin National Analysis Centres test these machines and produce a list of approved coin-processing machines [230 KB] that pass the tests.
Manufacturers of coin-processing machines can obtain more information on detection tests, test sites and standard declarations of conformity from the ETSC (see above).
Regulation 2182/2004 on medals and tokens similar to euro coins and Amending Regulation 46/2009 prohibits the production and sale of medals and tokens bearing a strong similarity to euro coins, based on size, appearance and material. It aims to: