Why is international cooperation in asset recovery cases based on illicit enrichment/unexplained wealth laws a particularly challenging issue? This is a question we have received from many corners of the world following our publication last year of an open-access book on Illicit Enrichment: A Guide to Laws Targeting Unexplained Wealth.
A brand new eLearning course on our free Basel LEARN platform introduces the rich possibilities of open-source intelligence for investigations.
Publication
The nexus between corruption and money laundering: deconstructing the Toledo‑Odebrecht network in Peru
The paper targets the nexus between corruption and money laundering. Scholars and practitioners recently observed how offshore financial centers and financial infrastructures have become central in facilitating corruption and other criminal activities.
Offshore vehicles often serve to conceal the connections between business people and politically exposed persons. Secrecy jurisdictions and service providers have emerged as key actors in these illicit schemes.
The paper explores the following questions:
We are pleased to have entered into a new partnership with the Anti-Corruption Committee of the Republic of Armenia, covering assistance with investigating and recovering assets acquired through corruption and other related crimes.
Under the Memorandum of Understanding (MoU), which was signed on 18 January 2022, our International Centre for Asset Recovery (ICAR) specialists will provide ongoing advice, technical assistance and training to the recently established Anti-Corruption Committee.
Publication
Retrospectividad e imprescriptibilidad en la Extinción de Dominio – un producto de conocimiento de la CCERA
*English below*
Este producto de conocimiento recopila información sobre los debates de la Comunidad de Conocimiento sobre Recuperación de Activos de América Latina (CCERA), una iniciativa del Centro Internacional para la Recuperación de Activos (ICAR) del Basel Institute on Governance.
We are delighted to have signed a Memorandum of Understanding with the Office of the Director of Public Prosecutions (ODPP) in Zanzibar. This new partnership builds on our existing engagement of our International Centre for Asset Recovery (ICAR) with the Zanzibar Anti-Corruption and Economic Crimes Authority (ZAECA).
These seven Recommendations emerge from the 5th Global Conference on Criminal Finances and Cryptocurrencies, held virtually on 7-8 December 2021.
The annual conference is organised by the Working Group on Criminal Finances and Cryptocurrencies, a tripartite initiative of the Basel Institute on Governance, INTERPOL and Europol that dates back to 2014 and was formally established in 2016.
Environmental criminals and their corrupt facilitators get rich by destroying our planet and its natural resources. This publication for the Targeting Natural Resource Corruption (TNRC) project explains how and why to confiscate their illicit assets – with or without a criminal conviction.
Publication
Papering over cracks or building stronger systems together? Financial crime in the context of covid-19
This article is the Basel Institute’s contribution to the Global Forum on Law, Justice and Development Review of Legal Experiences and Global Practices Relating to COVID-19, published in December 2021. The Global Forum is an initiative of The World Bank. The contribution was submitted in July 2020; the version below contains minor updates to hyperlinks.
This summary report emerges from the 11th edition of the Lausanne Seminar, held on 2–3 September 2021.
The 11th Lausanne Seminar raised awareness of recent innovations with regard to the use of public-private collaboration to achieve asset recovery outcomes, providing participants with insights and tools for the development of public-private financial information-sharing partnerships in their respective jurisdictions.
This summary also compiles insights identified during the Seminar on: