The 5th Global Conference on Criminal Finances and Cryptocurrencies on 7-8 December 2021, co-organised by the Basel Institute on Governance, INTERPOL and Europol, saw several thousand participants from the public and private sectors gathering to exchange knowledge on virtual assets-based money laundering and related risks in the crypto sphere.
News
Environmental corruption as a roadblock to reaching the SDGs: virtual CoSP side event on 17 December
Environmental crime is lucrative, with its profits easily realised via financial crime and corruption. What is being done to trace illicit financial flows that facilitate environmental crime? And what about the illegally obtained profits derived from it?
Anti-corruption prosecutors are under attack everywhere. They are threatened, exposed to undue influence or hindered by abusive defence strategies.
At a special event at the Conference of the States Parties to the UN Convention Against Corruption (UNCAC), a panel of international experts will discuss measures that different stakeholders must take to protect prosecutors, and by extension protect the Convention.
Anti-corruption investigators and prosecutors from Kenya, Sierra Leone and Zambia joined experts from our International Centre for Asset Recovery on 16–18 November to share experiences of non-conviction based forfeiture (NCBF) laws in their countries.
Publication
Enriquecimiento ilícito: Una guía sobre las leyes que abordan los activos de procedencia inexplicable
Enriquecimiento ilícito ofrece una guía completa sobre las leyes de enriquecimiento ilícito y su aplicación para perseguir los activos de procedencia inexplicable y recuperar las ganancias derivadas de la corrupción y otros delitos. El libro, de acceso libre, abarca tanto las leyes penales como las civiles de todo el mundo.
Investigators and prosecutors from the Malawi Police Service (MPS) have gained vital skills in financial investigations and asset recovery during a five-day intensive Financial Investigations and Asset Recovery training programme.
This is the first time our ICAR Training Team has been able to deliver in-person training since the start of the Covid-19 pandemic.
Oscar Solórzano, Head of Latin America at the Basel Institute on Governance and Senior Asset Recovery Specialist at our International Centre for Asset Recovery, interviewed Dr Hamilton Castro Trigoso, Provincial Prosecutor of the First Provisional Provincial Prosecutor's Office for Extinción de dominio in Lima, on his experiences in investigating and enforcing asset confiscation judgements abroad.
As world leaders gather this week at COP26 to negotiate their climate change commitments, we ask – will they include a credible commitment to fight corruption?
Because if there is one thing that will scupper efforts to address the climate crisis, it is corruption. Yet corruption is strangely missing from the conversation. Here are some things that deserve to be talked about louder.
In the first such case in the Americas, Peru has issued a judgement ordering the non-conviction based confiscation of over USD 1.5 million in assets frozen in Mexico.
The achievement adds to Peru’s substantial experience and jurisprudence involving its 2019 law of Extinción de dominio. The non-conviction based forfeiture (NCBF) law allows assets of illicit origin to be confiscated in a judicial procedure, even if a criminal conviction is not possible.
News
Mozambique’s tuna bonds scandal: yes it’s about money, but more than that – it’s about human lives
The so-called “tuna bond” corruption scandal in Mozambique has drawn international attention. Twenty people are facing corruption and money laundering charges in the country. Swiss bank Credit Suisse has agreed to pay USD 475 million in fines and write off USD 200 million in debt owed by Mozambique as part of a series of settlements with regulators in the US, UK and Switzerland for its role in the affair.