Seminar in Financial Investigations, Beneficial Ownership, Asset Recovery and Organized Crime

Following the Study Visit on Financial Investigation related to off-shore activities, trusts and beneficial ownership; best practices on Drugs, OC, Corruption and AR investigations that was organised in Madrid (Spain) from 6th to 8th of February 2018, a Mirror activity was held  in Kiev, Ukraine from 9 to 10 October 2018.

EU-ACT Project has been approached by EU Advisory Mission in Ukraine (EUAM), the European Union Anti-Corruption Initiative (EUACI) and by the beneficiaries of the EU-ACT Project to provide support in order to share with Ukrainian experts EU best practices regarding Financial Investigations and eventually asset tracking and asset recovery (AR) in relation with criminal investigations in the field of Drugs, Organised Crime (OC) and Corruption.

The study visit to Spain organized by the Mission and Projects mentioned above with the support of the Intelligence Centre against Terrorism and Organized Crime (CITCO) in February, shown the best practices of cooperation and coordination among different agencies, problems and some solutions to Financial Investigations when off-shore jurisdictions are involved. This activity encompassed Law Enforcement Agencies (LEAs), Prosecutor Office, Asset Recovery and Management Office, Financial Intelligence Unit (FIU) and other private counterparts in the field of Financial Investigations from Spain. During this visit we focused on off-shore activities, trust and beneficial ownership in relation with Drugs, OC and Corruption investigations.