Description
The Autonomous Province of Trento, as Managing Authority of the European Regional Development Fund, as part of its measures to prevent and combat fraud affecting the financial interests of the Union, in accordance with Article 125(4)(c) of the Treaty on the Functioning of the European Union, uses the Arachne risk assessment tool, provided by the European Commission, in its management review processes.
Using this tool, on the basis of a set of risk indicators, it identifies projects, beneficiaries (those responsible for implementing and/or initiating operations), contracts and contractors that may be subject to risk of fraud, conflict of interest and irregularities.
The elaborations provided by the Arachne system, aimed at calculating the risk, will be subject to data protection constraints and will not be published either by the Managing Authority or by the European Commission Services.
Below is a link to the website set up by the European Commission Services to explain the process and purpose of the data analysis performed by ARACHNE.