Definitions for "OLAF"
Keywords:  fraud, anti, lutte, european, budget
Known by the French acronym OLAF, the European Anti-fraud Office is responsible for combating fraud against the EU budget.
European Anti-Fraud Office. Established in 1999 as an independent investigation service within the Commission to investigate fraud damaging to the Community's interests. Its tasks also include detection and monitoring of fraud in the customs field.
OLAF (French acronym for Office Européen de Lutte Anti-Fraude) the "European Anti-Fraud Office" has been charged by the European Union with protecting the financial interests of the European Union: Its tasks are to fight fraud affecting the EU-budget, as well as corruption and any other irregular activity, including misconduct, within the European Institutions, in an accountable, transparent and cost-effective manner.