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Date: November 25, 2024 Mon
Time: 8:23 pm
Time: 8:23 pm
Results for asset forfeitures
2 results foundAuthor: Fontana, Alessandra Title: Making development assistance work at home: DfID's approach to clamping down on international bribery and money laundering in the UK Summary: Corruption will remain a profitable crime in developing countries as long as counterparts in rich countries are willing to hide stolen resources. Working to improve governance in poor countries will only address part of the issues. To disrupt the mechanisms that enable illicit outflows, the UK Department for International Development is funding the City of London Police, the Metropolitan Police and the Crown Prosecution Service to increase investigations on money laundered by senior political figures in the UK. In 4 years, millions of pounds have been frozen and repatriated - indicating a shift in thinking in what counts as development work in a world with global patterns of corruption. Details: Bergen: Chr. Michelson Institute, Anti- Corruption Resource Centre, 2011. 13p. Source: Internet Resource: U$ Practice Insight, 2011:5: Accessed August 25, 2015 at; http://www.u4.no/publications/making-development-assistance-work-at-home-dfid-s-approach-to-clamping-down-on-international-bribery-and-money-laundering-in-the-uk/ Year: 2011 Country: United Kingdom URL: http://www.u4.no/publications/making-development-assistance-work-at-home-dfid-s-approach-to-clamping-down-on-international-bribery-and-money-laundering-in-the-uk/ Shelf Number: 136581 Keywords: Asset ForfeituresBriberyCorruptionMoney LaunderingOrganized Crime |
Author: Smith, Marcus Title: Procedural impediments to effective unexplained wealth legislation in Australia Summary: Australia’s unexplained wealth laws form part of a range of measures introduced in response to growing concern about the prevalence and impact of organised crime. The confiscation of criminal assets, including through the use of unexplained wealth legislation, seeks to undermine the business model of organised crime by removing its financial return, punishing offenders, compensating society, preventing the improper use of assets and deterring participation in crime (Bartels 2010a). The Australian Crime Commission has conservatively estimated that serious and organised crime cost Australia $36b in 2013–14 (ACC 2015). According to published national statistics, the total value of assets confiscated in Australian jurisdictions between 1995–96 and 2013–14 was approximately $800m, averaging around $44m annually. The discrepancy between these two amounts clearly shows more needs to be done to target the profits of organised crime. This paper reviews Australia’s current approaches to confiscating unexplained wealth and aims to identify any barriers to their implementation, to inform effective procedural reforms to the laws and better target the proceeds of crime of Australia’s most serious criminals. Details: Canberra: Australian Institute of Criminology, 2016. 9p. Source: Internet Resource: Trends & issues in crime and criminal justice, no. 523: Accessed December 5, 2016 at: http://aic.gov.au/media_library/publications/tandi_pdf/tandi523.pdf Year: 2016 Country: Australia URL: http://aic.gov.au/media_library/publications/tandi_pdf/tandi523.pdf Shelf Number: 140298 Keywords: Asset Forfeitures Financial CrimesOrganized CrimeProceeds of Crime |