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Policy Brief 14: Targeting unexplained wealth: Implications of the EU’s 2024 Directive on asset recovery

Read more about Policy Brief 14: Targeting unexplained wealth: Implications of the EU’s 2024 Directive on asset recovery

The European Union’s 2024 Directive on Asset Recovery and Confiscation obliges Member States to, among other things, introduce legislative measures to enable the confiscation of “unexplained wealth”.

This policy paper examines this Article and the powers and restrictions that Member States will need to include in such “unexplained wealth” measures to ensure compliance with the Directive.

News

EU closes sanctions loophole and validates the confiscation of proceeds of sanctions violations

Read more about EU closes sanctions loophole and validates the confiscation of proceeds of sanctions violations

A recent judgment of the Court of Justice of the European Union (CJEU) addresses two significant weaknesses in the effectiveness of EU sanctions enforcement.

First, it makes it clear that an EU-wide ban on “brokering services” for military goods to or from Russia applies even when these goods do not physically enter EU territory.

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Policy Brief 14: Targeting unexplained wealth: Implications of the EU’s 2024 Directive on asset recovery

EU closes sanctions loophole and validates the confiscation of proceeds of sanctions violations

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Policy Brief 14: Targeting unexplained wealth: Implications of the EU’s 2024 Directive on asset recovery

EU closes sanctions loophole and validates the confiscation of proceeds of sanctions violations