La Directive de l’Union européenne de 2024 relative au recouvrement et à la confiscation d'avoirs oblige les États membres, entre autres, à adopter des mesures législatives pour permettre la confiscation de la « fortune inexpliquée ».
This article is adapted from the 2024 Basel AML Index public report.
Sound like someone you know?
The 84-year-old who lost his life savings after receiving a panicked call from someone who sounded exactly like his granddaughter, saying she was in jail for drug possession and needed USD 10,000 for bail...
Sexual corruption is a serious and under-recognised form of both corruption and sexual abuse. A particularly harmful form of corruption, it is difficult to measure and prosecute, and can have devastating physical and psychological impacts on survivors/victims.
As it disproportionately affects women and marginalised groups, sexual corruption has an important impact on the advancement of gender equality and minority rights.
This article by Iker Lekuona explains the importance of asset recovery for crime prevention and highlights three vital aspects of international cooperation in corruption and asset recovery cases: informal cooperation mechanisms, trust and technical assistance.
Interpol has recently published its first Silver Notice to identify and trace assets owned by a senior member of the mafia at the request of Italian authorities.
The creation of such Silver Notices is a positive step that has the potential to reinforce one of the weakest aspects of the asset recovery process: the detection of illicit financial flows.
This open-access, peer-reviewed journal article examines the results of a pilot behavioural intervention in Tanzania. The project tested a behavioural anti-corruption intervention to reduce bribery in a hospital. It targeted deeply ingrained social norms while also leveraging the social networks and influence of key staff members.
The European Union’s 2024 Directive on Asset Recovery and Confiscation obliges Member States to, among other things, introduce legislative measures to enable the confiscation of “unexplained wealth”.
This policy paper examines Article 16, which contains this obligation, and the powers and restrictions that Member States will need to include in such “unexplained wealth” measures to ensure compliance with the Directive.
The newsletter covers highlights at the Basel Institute from early October 2024 to late November 2024. It also features our latest news, blogs and other publications. We take this chance to welcome three new staff members to the team.
Not yet a subscriber? Sign up here.
Dear colleagues, partners and friends,
As the year comes to a close, we want to thank you for being an invaluable part of our journey to promote good governance and fight corruption worldwide.
2024 was marked by the tragic loss of our long-time Managing Director, Gretta Fenner. We are deeply grateful to all who shared tributes and messages of condolence. Your support has been a source of strength, helping us continue and expand our work and impact in honour of Gretta's legacy.