Navigating Regulation (EU) No 883/2013: An In-depth Look at OLAF’s Investigative Powers

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Summary:

The Regulation (EU) No 883/2013 aims to protect the financial interests of the European Union by granting the European Anti-Fraud Office (OLAF) comprehensive investigative powers. The regulation enables OLAF to initiate administrative investigations, access necessary information, and conduct cross-border cooperation with multiple EU Member States. A case study, the 'Sugar Subsidy Scam' of 2016, highlights the effectiveness of OLAF's investigative powers. However, the regulation also presents challenges, including legal hurdles and data protection concerns, which must be carefully balanced. Overall, the regulation has contributed significantly to safeguarding the financial integrity of the European Union.