Financial Investigations Directorate

Financial Investigations Directorate

The Financial Investigations Directorate within the IAID has the remit to conduct financial investigations in Government Departments and in any other public or private entities which are in any way beneficiaries, debtors ​or managers of public funds, including EU funds, for the purpose of protecting such funds against irregularities and fraud or otherwise to assess such public or private entities’ liability to contribute to such funds.
 
A financial investigation means the in-depth examination of all circumstances relative to irregularities and cases of suspected fraud, including the corruption of public ​officers, and, in that regard, the acquiring of records and, or information and the carrying out of related assessments, analysis and recommendations. Investigations relate to inquiries aimed at uncovering the hidden facts and establishing the truth. They imply a systematic track-down of information and include probing.
 
The IAID is the designated interlocutor of OLAF in Malta and is the Anti-Fraud Co-ordinating Service (AFCOS) for Malta; this implies that this IAID Unit can conduct joint investigations with OLAF, the European Ant-Fraud Office, with respect to EU funds availed of by Malta. The Unit reports irregularities to OLAF on a quarterly basis with respect to Pre-accession Funds, Transition Facility Funds, Structural Funds, Cohesion Fund and Agricultural Funds. The Unit also provides substantial contributions, including feedback, to various sub-units within OLAF all in charge of protecting the EU financial interests under different facets.
 
News
 
The OLAF Report 2016 has been published. To read the full Report please click here.
 
The OLAF Report 2015 has been published. To read the full Report please click here.
 
OLAF Press Release "OLAF curbs cross-border fraud and closes record number of investigations in 2015".
 
The OLAF Report 2014 has been published on OLAF website. To read the full Report please click here.
 
OLAF Press Release "OLAF in 2014: a strong investigative performance bringing tangible results for EU taxpayers"  is currently available in several languages. Other versions will be uploaded on our website shortly.
 
The OLAF Report 2013 has been published on OLAF website. To read the full Report please click here.
 
OLAF Press Release "OLAF in 2013: higher volume of investigative work, shorter duration of investigations,
more results for EU taxpayers" is currently available in EN, FR, DE, IT, ES and RO; other versions will be uploaded on our site shortly.
 
The EU Textiles and Clothing Industry
 
Traceability versus counterfeiting workshop - Chairman's conclusions: http://ec.europa.eu/enterprise/sectors/textiles/single-market/eu27/index_en.htm
 
Stop-Fake Campaign
 
DG OLAF has embarked on a stop-fake campaign. Further details can be found by accessing the following link: ec.europa.eu/enterprise/stopfakes
Last Updated: June 2018