NewsAlert European Network – EPPO Client Information
In the future, the European Public Prosecutor’s Office (“EPPO”) will homogeneously prosecute criminal offenses against the EU’s financial interests. The EPPO is an independent authority meant to prevent misuse and embezzlement of EU funds by investigating fraud, corruption, and money laundering. .
The EPPO’s administrative structure is currently being set up to make way for its operational phase, as it is supposed to be fully functioning soon. By implementing the EPPO, the EU aims to overcome existing obstacles to crossborder investigations and prosecute criminal offenses against the EU’s financial interests more effectively.
In light of the above, this memorandum offers a brief overview of the structure and powers of the EPPO as well as its incorporation into the national legislation of the main European jurisdictions, including France, Germany, Italy, Portugal and Spain.