The 2011 parliamentary report on protecting the EU's financial interests (PIF) by Derek Vaughan notes improvements which took place during the year, but also highlights the degree to which better co-operation and a standardised approach is needed amongst member states in fraud reporting. At the same time, it welcomes the work underway on a directive on the fight against fraud affecting the EU's financial interests (currently in the hands of the Parliament's committees on civil liberties, justice and home affairs, and on budgetary control).
The S&D Group will call – via an amendment in the plenary – for urgent improvement in the working relations between OLAF (the European Anti-Fraud Office) and its supervisory committee. The European Commission has understood the need to assist in this process, but more active co-operation is still awaited from the two parts of OLAF.