Cyprus Collaborates with OLAF to Combat Fraud
June 27, 2026
Cyprus has signed an administrative cooperation agreement with the European Anti-Fraud Office (OLAF), enabling access to key information for combating fraud. This agreement highlights the commitment of the Cypriot government to transparency and good governance. OLAF will gain access to records of businesses and their ultimate beneficial owners, strengthening its ability to investigate cases. This cooperation is part of the national AFCOS mechanism, which coordinates anti-fraud activities. This development is seen as a positive step for protecting the financial interests of the EU.