The strategy outlined in the report identifies two key areas for improvement:
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Enhancing fraud and corruption risk assessments, with a focus on data-driven approaches to risk management
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Adopting a systematic approach for managing fraud and corruption risks involving ESI Funds.
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Throughout 2014–20, the Slovak Republic has received nearly EUR 14 billion from the European Structural and Investment (ESI) Funds in various sectors, including infrastructure, the environment, research and innovation, and service delivery.
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FRAUD AND CORRUPTION IN EUROPEAN STRUCTURAL AND INVESTMENT FUNDS: A SPOTLIGHT ON COMMON SCHEMES AND PREVENTIVE ACTIONS
This illustrated guide raises awareness of not only fraud schemes affecting ESI Funds, but also the preventive actions to avoid a “pay and chase” model.
It contains illustrated schemes that focus on risks throughout the project cycle to demonstrate the complex nature of fraud and corruption in ESI Funds. It highlights the typical perpetrators and what tactics they employ to defraud the EU budget. The guide also includes suggested actions to prevent and detect risks.
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