What exactly does international cooperation mean in the context of asset recovery? This is a wider question than many people think.
It also opens up further questions, such as not only how to return more stolen assets more quickly to victim countries, but how those returned assets can best be used to support sustainable development and strengthen criminal justice systems.
Learn more in this quick guide by Shane Nainappan, Senior Asset Recovery Specialist.
Someone once said that the more knowledge is freely shared, the more it grows. Our free eLearning courses on asset tracing, intelligence gathering and financial analysis exemplify this idea.
Peter Huppertz, Team Leader IT and eLearning, explains some of the benefits of online courses for financial investigators, analysts and others who need to acquire and practise these complex skills.
Practically every country has a Financial Intelligence Unit (FIU) and it plays a vital role in combating money laundering and other financial crimes. Yet there is often confusion – even among anti-corruption authorities – about how it works, what it can and can’t do, and what value it brings.
Thierry Ravalomanda, Senior Asset Recovery Specialist offers a quick overview.
Sophisticated and complex financial crimes span the globe. “Following the trail of the money” can involve many jurisdictions, each with their own laws and practices, and varying capacity or willingness to cooperate internationally.
Fighting corruption and money laundering, and recovering criminal proceeds, are therefore complex challenges. Specialised legal, financial accounting, analytical and investigation skills are essential.
This quick guide offers a short introduction to illicit enrichment laws, which are emerging as a powerful tool to combat corruption and recover stolen assets. Originally published in May 2019, it was updated in June 2021 following the Basel Institute’s publication of an open-access book on Illicit Enrichment: a Guide to Laws Targeting Unexplained Wealth.
Jacopo Costa, Senior Research Fellow, offers this quick guide to social network analysis (SNA). He explains how it can help us to better understand and tackle the transnational organised crime and dark networks that sustain corruption, money laundering and illicit trafficking.
Manuel Medina, specialised Intelligence Analyst for our Illegal Wildlife Trade programme, sets out the basics of intelligence analysis and why we do it. Key questions are:
This quick guide to cryptocurrencies and money laundering investigations addresses the use of cryptocurrencies such as Bitcoin or Monero to facilitate serious crimes or to launder stolen money. It was originally published in March 2019 and updated in August 2023.
It explores, in brief:
An intensive Financial Investigations and Asset Recovery training programme by our International Centre for Asset Recovery (ICAR) training team in Kosovo last week had a novel twist: the participants had the opportunity to discuss and explore ways to use the country’s new Law of Extended Powers on Confiscation of Assets.
!Efforts to develop a comprehensive understanding of unexplained wealth laws in countries around the world has taken a step forward thanks to a collaboration between the Basel Institute’s International Centre for Asset Recovery (ICAR) and the New York University School of Law.