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.
A new guide to non-conviction based forfeiture published by GAFILAT, the Latin American body of the Financial Action Task Force (FATF) sets out good practices for this powerful but under-used form of asset recovery legislation. It also emphasises the need for laws to align with both domestic constitutions and international human rights standards.
At a recent meeting of the Asset Recovery Network of GAFILAT – the Latin America body of the Financial Action Task Force or FATF – Oscar Solórzano explored what the latest changes to the FATF standards could mean for asset recovery practice in Latin America.
A medida que ampliamos nuestros esfuerzos para apoyar la Acción Colectiva contra la corrupción en América Latina, Andrea Prieto, especialista en el sector privado, hace un balance de las iniciativas existentes en la región. Ella y representantes de algunas de las iniciativas discutieron el enfoque de Acción Colectiva para combatir la corrupción en Lima, Perú, en la Octava Semana de la Integridad organizada por Alliance for Integrity.
As we expand our efforts to support Collective Action against corruption in Latin America, Private Sector Specialist Andrea Prieto takes stock of existing initiatives in the region. She and representatives from some of the initiatives discussed the Collective Action approach to fighting corruption in Lima, Peru at the Eighth Integrity Week organised by Alliance for Integrity.
This is the second edition of a publication, jointly published by the Global Compact Network Colombia, Alliance for Integrity and UNODC. It presents best practices that demonstrate the commitments of Colombian companies under the Global Compact to contribute to transparency and integrity in the country.
Este diagnóstico tiene el propósito de contribuir a la mejora continua de las capacidades de los Estados beneficiarios en la recuperación de activos ilícitos originados en la perpetración de crímenes graves como la corrupción, el lavado de activos, el tráfico ilícito de drogas, entre otros.
At a regional meeting of legal practitioners, politicians and academics from selected Latin American countries and Spain, participants converged on the need for a strong human rights focus in non-conviction based forfeiture (NCBF) laws – laws that allow the confiscation of assets without a criminal conviction.