We are happy to announce that our Public Finance Management programme in Peru has been extended for another four years, following an excellent performance in the programme’s external evaluation.

Launched in 2015 and run out of our regional office in Lima, the programme is funded by the Swiss State Secretariat for Economic Affairs (SECO). It aims to strengthen public financial management among 11 local and regional governments in Peru.

Trujillo, capital city of La Libertad region in northwestern Peru, has become the country’s 10th local government authority to develop and approve a Code of Conduct for public officials and other civil servants.

As with the other nine Codes of Conduct, it was created in a participatory manner by the local government with technical assistance from the Subnational PFM Programme of the Swiss SECO Cooperation, implemented by the Basel Institute in Peru.

PEFA, the international organisation that sets standards for measuring the performance of Public Financial Management (PFM) worldwide, has published a new version of its Volume IV Handbook on Using PEFA to support Public Financial Management improvement. The forward-looking handbook represents the first attempt to go beyond pure performance evaluation. Instead, the emphasis is on the action plans that come after the evaluation.

Local governments in the Peruvian regions of Piura, La Libertad and San Martín have held public accountability consultations to listen to citizens’ views and encourage greater participation.

Another 30 specialised judges in Peru have benefited from innovative training in Extinción de Dominio, a new form of legislation that allows stolen assets to be confiscated even if the asset holder cannot formally be convicted of a crime.

The two-day course, which took place on 3–4 September in the Superior Court of the city of Trujillo, is part of a wider series of training programmes aimed at building the capacity of specialised judges across Peru to implement the new legislation.

The Basel Institute congratulates the Peruvian Ministry of Energy and Mines (MINEM) on the launch of its comprehensive Code of Ethics and Conduct for Staff.

Adopted on 2 August 2019, the document was developed according to guidelines published by the Basel Institute’s Peru team in the context of the Swiss SECO-funded Public Finance Management (PFM) strengthening programme.

Perú ejecutará sentencia de Extinción de Dominio (decomiso sin condena) de cuenta del complejo Montesinos en el Gran Ducado de Luxemburgo.

Los procesos de recuperación de activos suponen largos periodos de espera e inactividad durante los cuales el operador de justicia no puede mostrar resultados concretos, particularmente cuando el objetivo es recuperar activos disimulados en centros financieros internacionales a través de la cooperación internacional en materia penal. 

A high-profile asset recovery case in Peru is putting the country’s new legislation on non-conviction-based confiscation (Extinción de Dominio) to the test.

The new Extinción de Dominio legislation, which roughly translates as "extinction of possession", allows stolen assets to be recovered even if the asset holder cannot formally be convicted of a crime. Introduced in August 2018, it enables the recovery of assets from foreign bank accounts whose owners, for example, are now dead or have absconded.

As the initial phase of a four-year programme to strengthen Public Finance Management in Peru at a subnational level draws to a close, we are intensifying our efforts to consolidate the programme’s significant achievements and ensure their sustainability. Signed in 2015 by the Peruvian and Swiss governments, the four-year, USD 6 million programme is funded by the Swiss State Secretariat for Economic Affairs (SECO).

Members of the Judicial Cooperation and Extraditions of the Public Prosecutor's Office in Peru are now better equipped to recover stolen assets from abroad.