Research Background and Overview
The research ("FIES Study Final Report") addresses a sensitive subject related to the protection from fraud on EU funds (co)funding national or local action implemented through PPP contracts and other financial instruments.
In short, it outlines how preventive methodologies concerning the protection of European financial interests require a new approach. FIES Final Report analyses the protection of European financial interests and proposes a new antifraud system based on EU common standards in managing ESI funds through PPP contracts and other financial instruments. Indeed, the method outlined requires managing authorities to assess fraud risk related to their discretionary decision-making and to set out appropriate ex-ante measures to contrast it, along with a system of alert signals related to specific symptoms.
The very final purpose of the research is to shed new light on the protection of financial interests related to ESI funds, aiming to stimulate a debate among academics and practitioners on such a strategic subject.