Study tour in Madrid at CITCO - Madrid, February 2018


The EU-ACT Project, together with EU Advisory Mission in Ukraine (EUAM) and the European Union Anti-Corruption Initiative (EUACI), with the support of the Intelligence Centre against Terrorism and Organized Crime (Centro de Inteligencia contra el Terrorismo y el Crimen Organizado (CITCO)), organised a Study Visit on Financial Investigation related to off-shore activities, trusts and beneficial ownership and best practices on Drugs, Organised Crime, Corruption and AR investigations, from February 6th to 8th 2018 in Madrid, Spain.

The aim of this activity was 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 activity took place at CITCO premises, with the only exception to some additional meetings with the International Unit of Spanish PGO and Specialized Prosecutor Office on Corruption and Organized Crime. CITCO Director, José Luis Olivera Serrano, attended opening and conclusions sessions.

Participation of 4 representatives from National Police of Ukraine (NPU), Security Service of Ukraine (SSU) and Prosecutor General Office of Ukraine (PGO) was supported by EU-ACT Project.  EUAM, in turn, supported the participation of 3 experts from the Asset Recovery and Management Agency of Ukraine (ARMA) and EU-ACI involved experts from National Anti-Corruption Bureau (NABU) and Special Anti-Corruption Prosecutor’s Office (SAPO).

The study visit showed 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, Prosecutor Office, Asset Recovery and Management Office, Financial Intelligence Unit (FIU) and other private counterparts in the field of Financial Investigations from Spain.

First day and first half of the second one was devoted to presentations of numerous institutions and there were presentations given both from the Ukrainian beneficiaries and from the Spanish authorities. Speakers explained their respective institutions’ structure, main functions and objectives and they illustrated real cases and operations, given special attention to joint interventions between Ukrainian and Spanish law enforcement authorities.

In all the presentations Guardia Civil, National Police, and CITCO, underlined the importance of:

  • Cooperation among national police agencies based on shared intelligence.
  • International cooperation to carry out investigations on drugs and organised crime.
  • Parallel financial investigations.

Second day of the activity participants were divided into two separate workshop groups for subject matter discussions:

  1. Best practices on Organised Crime and drugs investigations, shared current trends and latest experiences.
  2. Money Laundering and Asset Recovery.

One of the main findings of the visit was the great value of coordination and cooperation among all Law Enforcement Agencies.