Photo by HM Revenue & Customs via Flickr

Asset Recovery

Enhancing EU role in responsible asset recovery

People
Status
ongoing
Start date
February 2018
Share

While new rules to strengthen EU anti-money laundering standards have just been agreed on, the EU also holds a responsibility to take action in the subsequent stages of the corruption life cycle, i.e. the freezing, confiscation and responsible repatriation of stolen assets.

Transparency International EU is supporting these efforts by exploring possible avenues for an enhanced EU role in responsible asset recovery looking at specific country cases starting with the case of Uzbekistan. This project is particularly timely in light of recent developments on the case including the recent settlement reached between US authorities and TeliaSonera in September 2017 and current EU policy developments.

The project will involve research and advocacy activities both at EU level led by Transparency International EU and national level in relevant Member States together with Transparency International chapters in Belgium, Ireland and Netherlands

Recent News

Article

Gulnara Karimova, the princess fallen from grace

Gulnara Karimova, daughter of former President of Uzbekistan has led many lives. Once called the “Uzbek princess”, she has been a pop singer, fashion designer, owner of scents and gem brands and UN ambassador until her fall from grace in...
Article

10 principles to stop stolen assets ending up in the EU

Europe is awash with the stolen wealth of kleptocrats, but there is no system for confiscating and returning this loot. We call for a system underpinned by these 10 principles.  EU countries are a favourite destination for the assets of corrupt...
Event

EVENT: Stop kleptocrats webinar series, part II

Returning stolen public money to citizens: what can the EU do?  17 November, 11:00–12:30 CET, on Zoom.  Register here What do Teodorin Obiang, Gulnara Karimova, Muammar Gaddafi, Victor Yanukovych, and Hosni Mubarak have in common? All stole...

Want to know more? Get in touch

Laure Brillaud

Senior Policy Officer – Anti-Money Laundering
lbrillaud@transparency.org