The newsletter covers highlights at the Basel Institute from early October 2024 to late November 2024. It also features our latest news, blogs and other publications. We take this chance to welcome three new staff members to the team.
Not yet a subscriber? Sign up here.
In an article published in the Fall 2024 issue of the Bulletin of the International Academy of Financial Crime Litigators, Oscar Solórzano describes an asset recovery case between Peru and Luxembourg involving a businessman named James Stone.
This summary report examines gender-related aspects within the International Centre for Asset Recovery (ICAR) programme in Mozambique as relevant for programme management and delivery. The research also explored potential gender considerations within anti-corruption and asset recovery laws and policies.
The findings and recommendations developing a gender-sensitive framework for technical assistance programmes are relevant beyond the Mozambique case study.
The 5th International Collective Action Conference represented another significant milestone in the development of responsible and ethical business practices through anti-corruption Collective Action.
The conference, hosted by the Basel Institute with the support of the Siemens Integrity Initiative, took place on 24 and 25 June 2024 in Basel, Switzerland. This short conference report presents main insights, quotes as well as infographics and graphic recordings from the two-day event, which welcomed around 200 people from around the world and across all sectors.
Financial intelligence is the staple food of investigations into corruption, money laundering and other financial crimes.
Much financial intelligence is held by private-sector institutions such as banks and other financial service providers. How does that get into the hands of law enforcement, where it can trigger or inform investigations? And how can we improve the system?
This is the 13th annual Public Edition report of the Basel AML Index, an independent, data-based ranking and risk assessment tool for money laundering and related financial crime risks around the world.
The Basel AML Index provides risk scores for countries and jurisdictions based on data from 17 publicly available sources such as the Financial Action Task Force (FATF), Transparency International and the Global Initiative against Transnational Organized Crime. The risk scores cover five domains considered to contribute to a high money laundering risk:
This Policy Paper was prepared by the B20 Brazil Integrity and Compliance Task Force. In this document, B20 members call for stronger actions from the G20 in 3 key areas:
- Recommendation 1: Encourage the implementation of integrity and anti-corruption measures to enhance responsible and sustainable governance in business.
- Recommendation 2: Stimulate Collective Action, engaging the Public Sector and value chains to uphold integrity.
- Recommendation 3: Promote ethical leadership to foster inclusive growth.
To effectively combat organised and financial crime, it is often necessary for countries to establish multi-agency asset recovery task forces, which could also be understood as joint investigation teams/units. The teams are made up of personnel from various agencies in the criminal justice system to effectively investigate financial crime and recover laundered assets.
The newsletter covers highlights at the Basel Institute from mid-August to early October 2024. It also features our latest news, blogs and other publications. We take this chance to welcome three new staff members to the team.
Not yet a subscriber? Sign up here.
This Working Paper explores the wide variety of non-conviction based (NCB) forfeiture laws in Latin America, with a special focus on the region’s predominant model, Extinción de dominio.
It argues that NCB forfeiture legislation, which allows for the recovery of stolen assets outside of criminal proceedings, can contribute significantly to a state’s criminal policy response to rampant economic and organised crime.