The Basel Institute on Governance / International Center for Asset Recovery is proud to have signed an Executive Agreement with INTERPOL during a jointly organised conference on Kleptocracy in Lyon on 22 October 2009. This agreement will help both organisations to work closely together in asset recovery areas. Common projects will include training in asset recovery, exchange of experts, development of an e-learning programme, contributions to the Asset Recovery Knowledge Center.

The International Center for Asset Recovery (ICAR), launched in 2006 by the Basel Institute on Governance, provides specialised and tailor-made training to law enforcement authorities and other relevant groups in asset tracing, mutual legal assistance (MLA) and asset recovery and is supported by the governments of Switzerland, Liechtenstein and the United Kingdom.

Asset recovery is a very difficult task and lengthy process in which developing countries lack expertise, technical and financial resources. The International Center for Asset Recovery (ICAR) help them initiate procedures to recover assets which have been stolen from public budget by high-ranking officials and deposited abroad.

The Basel Institute on Governance, founded in 2003, is a practice-oriented and interdisciplinary think tank building capacity support, conducting research, offering policy advice in the area of anti-corruption.