El Basel Institute on Governance, como entidad internacional dedicada a promover la buena gobernanza y a combatir la corrupción, ha seguido de cerca los avances legislativos en materia de recuperación de activos en el Perú y en América Latina.

Congratulations to our partners at the Anti-Corruption Bureau and the Office of the Director of Public Prosecutions in Malawi for achieving the final forfeiture of a house linked to the infamous Cashgate corruption scandal.

A decision by the Supreme Court to reject an appeal against the forfeiture order sends an important message about ending impunity for high-profile corruption.

A recent judgment of the Court of Justice of the European Union (CJEU) addresses two significant weaknesses in the effectiveness of EU sanctions enforcement.

First, it makes it clear that an EU-wide ban on “brokering services” for military goods to or from Russia applies even when these goods do not physically enter EU territory.

Grand corruption and asset recovery cases are generally transnational and require both informal and formal international cooperation at every stage. Yet despite laudable efforts to smoothen international cooperation, there are still many obstacles to overcome.

The 13th Public Edition of the Basel AML Index highlights a gradual improvement in national systems to counter money laundering – at least in terms of technical compliance with global standards, and among countries with long-standing weaknesses. But the effectiveness of anti-money laundering systems in practice remains alarmingly low in the face of evolving threats from fraud and other complex, often transnational financial crimes.

Guernsey has confiscated nearly half a million dollars in criminal proceeds on behalf of Colombia in the Latin American country’s first successful international asset recovery case using its non-conviction based forfeiture law.