PFI Convention: Difference between revisions
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The '''PIF Convention''' is a multilateral treaty between the old and new member states of the European Union on the topic of [[fraud]]. |
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The full name of the treaty is the ''Council Act of 26 July 1995 drawing up the Convention on the protection of the European Communities’ financial interests.<ref>[Official Journal C 316 of 27.11.1995]</ref> |
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==History== |
==History== |
Revision as of 18:26, 13 June 2015
The PIF Convention is a multilateral treaty between the old and new member states of the European Union on the topic of fraud.
The full name of the treaty is the Council Act of 26 July 1995 drawing up the Convention on the protection of the European Communities’ financial interests.[1]
History
This convention replaces the old European treaties on fraud. It makes a unified definition of fraud. Signatory states have to adopt criminal sanctions for fraud. Not all EU Member states have ratified the convention.
See Also
- ^ [Official Journal C 316 of 27.11.1995]