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In its Special Report 14/2022 (published on 4 July 2022), the European Court of Auditors (ECA) examined different patterns of fraud in the Common Agricultural Policy (CAP) and the appropriateness of the Commission’s responses to the fraud risks in agricultural spending. CAP is the largest …

An ECA report concluded that the limitations of the legal framework hampered the Commission’s supervision of free movement restrictions imposed by the Member States during the COVID-19 pandemic in 2020/2021. Furthermore, the Commission did not exercise proper scrutiny to ensure that internal border controls complied with the Schengen legislation.

The EU’s legal framework for the protection of intellectual property rights is generally solid and robust, but a number of shortcomings in several areas still exist, says a special report that was presented by the European Court of Auditors at the end of April 2022.

In a resolution of 7 July 2022, the European Parliament (EP) assessed the findings of the annual report 2020 on the protection of the EU’s financial interests. MEPs stressed the need for strong controls over the EU spending under the MFF and the RRF and made several calls on the European institutions and bodies and the Member States to do more to protect the EU's taxpayers money.

In a resolution of 6 July 2022, the European Parliament expressed its dissatisfaction with the blocking of EU rules on global minimum effective corporate taxation for large group companies. A planned Council Directive on “ensuring a global minimum level of taxation for multinational groups …

On 17 June 2022, the Council authorised the Commission to negotiate with Norway the revision of the agreement between the EU and Norway on administrative cooperation, combating fraud and recovery of value added tax (VAT) claims. The agreement enables the tax authorities of the EU …

The Council extended the application period of the optional VAT reverse charge mechanism until 31 December 2026. The respective Directive (EU) 2022/890 amending Directive 2006/112/EC entered into force on 11 June 2022. The extension became necessary since the Council has not been able to agree …

“Blacklisting” is not being used effectively to protect EU money from being paid out to untrustworthy individuals or entities, a report by the European Court of Auditors (ECA) says. In particular, there is no coherent set of obligations for the different payment modes.

On 16 May 2022, the European Commission presented a proposal for the recast of the EU’s financial rules applicable to its general budget, known as the “Financial Regulation”. It is proposed that improvements are made around three axes: increased transparency, better protection, and more agility.

On 6 July 2022, the European Parliament and the Council passed new legislation that establishes the category of “information alerts” for entries into the Schengen Information System (SIS). “Information alerts” target third country nationals who are suspected to be involved in terrorist offences or other serious crime (listed in Annex I of the Europol Regulation 2016/794).