EU financial interests: Recovery of assets from third countries
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 95mo ago
This procedure focuses on improving the ways the European Union recovers money and assets that have been lost to fraud in countries outside the EU. It aims to strengthen legal mechanisms to ensure that misappropriated EU funds are returned, reducing financial losses and deterring future fraudulent activities.
This affects non-EU countries and international legal cooperation agencies. It seeks to create more effective tools for the EU to reclaim assets when fraud occurs across international borders.