OLAF investigates fraud against the EU budget, corruption and serious misconduct within the European institutions, and develops anti-fraud policy for the European Commission.

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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

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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.

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Euro protection

As of 1 January 2015 the European Commission's Directorate General for Economic and Financial Affairs (DG ECFIN) is responsible for the protection of the Euro.

DG ECFIN website

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Last update: 25/03/2015