The European Parliament’s approval of the EU Asset Recovery Directive marks a turning point in the fight to confiscate the ill-gotten gains of criminals, and return them to support victims of corruption. This builds on the EU’s new Directive on...
In the realm of global economics and political manoeuvring, a disturbing truth persists: sanctions evasion, fuelled by the relentless efforts of both evaders and their complicit enablers, continues to thrive. Currently, the EU is challenged in...
What are EU sanctions? What do they aim to do? In the EU, what happens to a sanctioned person’s wealth? Can we confiscate the assets of sanctioned individuals? Our infographic provides an overview of the biggest issues in sanctions, asset...
Last week marked the start of the asset recovery Directive negotiations. The Council and the European Parliament have adopted their respective positions, and now, together with the European Commission, they will negotiate to finalise the text of the...
Transparency International EU (TI EU) welcomes today’s proposal by the EU High Representative and the European Commission to sanction acts of corruption worldwide, as part of the proposed EU anti-corruption package. It is an important signal that...
On behalf of Transparency International EU and CiFAR, we would like to invite you to our in-person conference entitled: Reforming the EU Asset Recovery and Sanctions Framework 7th March 09:00-12:30 New venue: Mona Lisa room,...
25 May 2022, Brussels Transparency International EU has welcomed the new proposal from the European Commission on asset recovery, but warns it does not go far enough in some aspects, especially concerning the return of assets to victim populations....
When former Ukrainian President Viktor Yanukovych fled the country following the 2014 Maidan revolution, Ukrainian citizens who stormed his Mezhyhirya mansion discovered a palace of cartoonish opulence with guilded bathrooms, a private zoo, and a...
In recent years, scandals involving misappropriation of public funds and money-laundering by foreign politicians, business magnates and their family members have shown how EU is an attractive destination for public money stolen from third countries....