European Union (EU) member states discover and report cross-border fraud worth thousands of millions of euros every year, including the loss of at least 50 billion in Value Added Tax (VAT). However, national measures to fight large-scale transnational financial crimes remain limited and unable to effectively protect the EU budget.
International Courts and Tribunals
With seventeen days of competition, 102 sporting events, 2925 athletes, and 92 nations represented, the XXIII Winter Olympic Games (OG) in PyeongChang, South Korea, were likely to involve disputes. The Court of Arbitration for Sport (CAS) established two special divisions designed to address Olympic competitions, following the practice of previous editions of the OG. The “Ad Hoc Division” addresses sport-related disputes while the “Anti-doping Division” (CAS ADD) adjudicates doping claims.