The Limited Times

The European financial prosecutor's office, a judicial big bang

7/13/2021, 6:26:12 PM


Its representation in France, with five magistrates, has strong powers of investigation and prosecution against attacks on the interests of the EU.

It will change the face of justice in France. On Monday, this certainty hovered in the former Palais de la Cité, during the presentation of the new European financial prosecutor's office and the installation of its French spin-off. For the first time, French justice has accepted

“a transfer of sovereignty. All the investigative and prosecutorial powers of national prosecutors will henceforth be exercised at European level, ”

explained Frédéric Baab. It is he who now represents the European public prosecutor in France, assisted by four handpicked prosecutors, multilingual and having Europe pegged to the body.

In exchange for this transfer of sovereignty, which makes it possible to initiate investigations and prosecute those who undermine the Union's financial interests, three guarantees have been granted.

First, the collegiality of this institution, which brings together 144 prosecutors headed by 22 prosecutors from the countries of the Union.

Then its independence, in particular by the mode

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