Sharp increase in credit transfer fraud in Romania and Bulgaria

Question for written answer E-002903/2024
to the Commission
Rule 144
Auke Zijlstra (PfE)

According to the European Banking Authority's (EBA) November 2024 risk assessment report, the total value of losses owing to credit transfer fraud increased between 2022 and 2023 in 21 of the 28 EEA countries for which the EBA has data for both of those years. The largest percentage increases were observed in Bulgaria and Romania[1].

In addition, according to the EBA, the quality of the data used as a basis for this indicator needs further improvement in order for robust conclusions to be able to be reached.

• 1.In the Commission's view, how can the large increase in credit transfer fraud, especially in Eastern Europe, be explained and what is the Commission doing to combat this type of fraud?
• 2.What is the Commission doing to improve the quality of data collection on credit transfer fraud?

Submitted: 12.12.2024

• [1] p.101 to 102.