Anti-corruption, transparency and freedom of information initiatives over the last decades have significantly boosted the value of open-source intelligence for both the private and public sectors.
In this quick guide, Intelligence Analyst Manuel Medina explains what open-source intelligence is and explores some of the tricky questions it raises.
From mid-June, the Basel AML Index Expert Edition will highlight countries included on the European’s list of “high-risk third countries” with strategic deficiencies in their anti-money laundering and counter terrorist financing (AML/CFT) regimes.
As we write in our 2019 Annual Report, our International Centre for Asset Recovery continues to be one of the only organisations specialised in the recovery of stolen assets. Our focus is on supporting our partner countries in particularly complex cases and the introduction of new working methods and legal and investigative tools.
In this short piece published in the Annual Report, Dr Hamilton Castro, Specialised Anti-Corruption Prosecutor in Peru, explains how the impacts of our joint work go far beyond the money recovered:
Amid the current buzz around virtual training, it's good to be reminded that effective capacity building is about a lot more than just learning new skills. Some of the most important aspects of our International Centre for Asset Recovery (ICAR) workshops can't easily be transferred to cyberspace.
Small and medium-sized companies (SMEs) can now benefit from half-price packages for our supercharged open-source search tool, Basel Open Intelligence.
Covid-19 lockdowns haven’t stopped crime and corruption, but they make it harder for compliance officers to do their jobs. This is especially true for SMEs, where corruption risks remain high but resources for compliance are more likely to be squeezed.
Before joining the Basel Institute’s International Centre for Asset Recovery, Tom Walugembe was a Senior State Attorney at Uganda’s Office of the Director of Public Prosecutions. In this role, he secured the first ever money laundering conviction in Uganda in the case of Uganda v Serwamba David Musoke and 6 Others.
This landmark case blazes a trail not just for Uganda but for other countries to prosecute cases of money laundering and recover illicit assets.
In her Annual Report presentation to the Assembly of the Republic of Mozambique broadcast on national television, the Attorney General of Mozambique, Beatriz Buchili, emphasised the need for approval of a new Asset Recovery Bill.
This important law will provide Mozambique with more effective ways to recover stolen assets. It also establishes the new Mozambican Asset Recovery Office and Asset Management Office.
Law enforcement officers from Kenya, Uganda, Rwanda, Djibouti, Tanzania and South Sudan last week worked together to solve a simulated investigation aimed at confiscating “laundered” cryptocurrency – entirely online.
Last week’s blog about corruption risks in natural disaster situations triggered some interesting feedback. Many observers are seeing the same as I am in the international response to the covid-19 pandemic – namely, that there are striking similarities with the response to earthquakes, tsunamis and other natural disasters in the past.
One of our two submissions to the UN General Assembly Special Session against Corruption 2021 concerns adapting domestic legislation and practice to enable states to fully cooperate in asset recovery matters.