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pc nid 94316 Jul 30, 2026 arahman@vixio.com European Union European Parliament horizon scanning
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European Parliament Receives Commission Document on Protecting European Union Financial Interests Against Fraud

On July 28, 2026, the European Commission submitted a document (COM(2026)0411) to the European Parliament concerning the protection of the European Union's (EU) financial interests and the fight against fraud. The submission forms part of the 37th Annual Report on this subject. The document addresses the EU's efforts to safeguard its financial interests against fraudulent activities. The European Parliament's Committee on Budgetary Control (CONT) has been designated as the committee responsible for examining the proposal. Multiple parliamentary committees have been appointed to provide opinions on the document, including the Committee on International Trade (INTA), the Committee on Economic and Monetary Affairs (ECON), the Committee on Regional Development (REGI), the Committee on Agriculture and Rural Development (AGRI), the Committee on Fisheries (PECH), and the Committee on Civil Liberties, Justice and Home Affairs (LIBE). On July 29, 2026, the document was internally referred to the relevant parliamentary committees, marking the beginning of the preparatory phase within Parliament. The procedure is currently in its early stages, with committees expected to review the Commission's proposals and provide their assessments. The involvement of multiple committees reflects the cross-cutting nature of financial protection and fraud prevention across various policy areas including trade, economic affairs, regional development, agriculture, fisheries, and civil liberties. Further documentation and follow-up materials related to this procedure are available through the European Parliament's Documentation Gateway.

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European Commission Publishes Report on European Union's Financial Interests and the Fight Against Fraud

On July 28, 2026, the European Commission published a report on the protection of the European Union's Financial Interests and the Fight Against Fraud 2025. The review is necessary given the growing threats posed by organised crime and fraudsters exploiting emerging technologies such as artificial intelligence and cryptocurrencies. The annual report outlines six priorities: Enhancing cooperation and coordination between competent authorities. Strengthening fraud prevention measures. Improving detection of fraudulent activities. Ensuring high-quality reporting. Improving investigation and prosecution capabilities. Streamlining recovery processes. The report indicates that EU anti-fraud policy is evolving towards a more integrated, prevention-focused and performance-driven framework, supported by improved reporting, data sharing, technological tools and closer cooperation between EU and national anti-fraud authorities.