EU Parliament Approves Directive on the Protection of EU Financial Interests
On 5 July 2017, the European Parliament gave final approval for the Directive on the fight against fraud to the Union's financial interests by means of criminal law. The Directive, which was already adopted by the Council of the EU in April 2017, provides common definitions of a number of offences against the EU budget, including:
- Active and passive corruption;
- Misappropriation of funds; and
- V…