This week we’ve launched a new policy brief exploring the topic of asset registers. While largely a technical discussion of processes and tools, the way this is done can have important impacts for anti-corruption and public participation more broadly.
Kenya’s efforts in combatting economic crimes in recent years have yielded significant recoveries both internationally and domestically. Several cases instituted by law enforcement agencies concerning the proceeds of economic crimes are currently ongoing in the courts, including some linked to county governments.
CiFAR's research paper, launched today, scrutinizes Kenya's asset management landscape, focusing on the legal and institutional structures in place. Leveraging insights from our previous research, the analysis identifies persistent challenges in asset management across a) the freezing / seizure, and b) the final confiscation/disposal stages of asset recovery.
Today CiFAR and Transparency International Venezuela launch two new reports: Management and Oversight of Independents Return Funds: International Experiences and Lessons Learned for Venezuela & Best Practices for Independent Return Funds: Lessons Learned for Venezuela.
CiFAR y Transparencia Internacional Venezuela lanzan hoy dos nuevos informes: Gestión y fiscalización de Fondos de Retorno Independientes: Experiencias internacionales y lecciones aprendidas para Venezuela & Buenas prácticas para el manejo por terceros de los activos recuperados: Lecciones aprendidas aplicables a Venezuela.
To understand Kenya’s progress, as well as challenges in the adoption of asset recovery frameworks and their implementation in practice, Civil Forum for Asset Recovery (CiFAR) has launched two new reports: The Social Reuse of Recovered Assets in Kenya, and Alternative Dispute Resolution & Asset Recovery in Kenya.
The full report contains a discussion on importance of linking the imposition of sanctions to the opening of investigations into the origins of sanctioned wealth. It also includes detailed description of the situation across eight jurisdictions (Canada, France, Germany, Italy, Spain, Switzerland, the UK and the US) and a look into cross-border initiatives.
Indirect return mechanisms describe the practice of returning recovered money across borders indirectly via third-party entities that stand between cooperating governments. These entities might be called in to aid in the negotiations, as well as in the process of the distribution of the returned assets, especially in situations where there are challenging relationships between the negotiating governments and when the receiving countries lack the necessary corruption controls to mitigate the risk of re-looting the assets.
Reconciliation agreements are a way for states to recover assets obtained through corruption by entering into deals with persons involved in corruption, whereby money is given to the state in exchange for amnesty from prosecution for the original crime.
This report assesses the efficiency of Unexplained Wealth Orders (UWOs), primarily as existing in UK legislation, in advancing asset recovery and the fight against grand corruption. The report introduces the UWO legislation, explores how, when and where UWOs have been used to date, and also reflects on transparency and accountability considerations. In the process, it contemplates the involvement of civil society and the impact of UWOs on the countries where the corruption originated and compares them to other, similar tools.
← Previous
Page 2 of 3
Next →
