Gretta Fenner interviewed by The Ukrainian Week: "The really critical condition...is no political interference."

Our Managing Director, Ms Gretta Fenner, recently spoke to The Ukrainian Week about ICAR’s cooperation with, and technical assistance to the Prosecutor General’s Office of Ukraine in investigating financial crimes of the Yanukovych regime, highlighting key operational tools and cooperation mechanisms for successfully tracing and recovering illegally obtained assets.

Collective Action Conference 2018 sees real progress worldwide

There is a strong business case for Collective Action against corruption - and more and more companies, law enforcement agencies, international organisations and civil society representatives are willing to engage. Which is good, because we need all players around the table to achieve sustainable change. 

These were key recurring messages during the Basel Institute's 3rd International Collective Action Conference, which took place on 14-15 November 2018 at the Volkshaus Basel, Switzerland.

Blockchain and AML training for FinTech and compliance professionals

The Basel Institute on Governance has partnered with Zurich-based MME to offer a training course on blockchain, cryptocurrencies and anti-money laundering/countering the financing of terrorism (AML/CFT). The two-day course, FinTech AML Compliance Training, covers the essentials of blockchain and how to adapt AML/CFT processes to the FinTech industry.

Bitcoin training at Romanian-American University

In response to the recent wave of new electronic payment methods, including cryptocurrencies, the International Centre for Asset Recovery (ICAR) has developed training on money laundering using cryptocurrencies, particularly Bitcoin.

At the invitation of the Romanian-American University in Bucharest, ICAR trainers delivered training on “Money Laundering using Cryptocurrencies and International Co-operation” for students during 27–29 November 2018.

Oscar Solórzano presents at XI National Congress of Judges

Dr. Oscar Solórzano, Country Manager of the Basel Institute on Governance - Peru Office, had the honour of participating in Peru’s XI National Congress of Judges on 22 November, 2018.

Dr Solórzano's presentation took place within the framework of the primary theme of the congress, namely the prevention and combating of corruption. The event was opened by the President of the Republic of Peru, Dr. Martín Vizcarra Cornejo.

Luxemburg and Switzerland will return USD 17 million to Peru

The Basel Institute on Governance welcomes the recent decisions by courts in Luxembourg and Switzerland to return almost USD 17 million to Peru in cases related to the regime of former Peruvian President Fujimori. We congratulate the involved authorities in Peru, Luxemburg and Switzerland for the successful conclusion of these 15-year old cases. We are honoured to have been able to support this successful outcome.

Switzerland to return USD 15 million in stolen assets to Peru in landmark extrajudicial agreement

Swiss authorities have executed an extrajudicial agreement signed between Peru and Montesinos' frontman.

Peruvian authorities and Víctor Venero Garrido, the main frontman of former presidential advisor Vladimiro Montesinos, signed an out-of-court settlement to return approximately USD 15 million from Switzerland to Peru. The money comes from corrupt dealings during the 1990s and the case has lasted 17 years. This is the third and largest of the five accounts located in Switzerland whose assets will be returned to Peru.