OLAF investigates fraud against the EU budget, corruption and serious misconduct within the European institutions, and develops anti-fraud policy for the European Commission.
The Union Anti-Fraud Programme funds actions which aim to prevent and combat fraud, corruption and other illegal activities affecting the EU's financial interests. Actions eligible for funding include technical and operational investigation support, specialised trainings, research activities and they are implemented via grants and contracts.
Annual reports on the previous year’s activities to counter fraud affecting EU funds are published every year, covering both activities and performance at the level of OLAF (OLAF Report) and of EU countries (PIF Report).
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.