 | | | | | | Solutions discussed to better handle criminal assets | | | | Corruption takes resources from communities, erodes trust in public institutions, and undermines the fairness people expect. When criminal assets are managed effectively, authorities demonstrate that public institutions protect the citizens they serve. In June, experts from beneficiary states discussed practical solutions to ensure that property recovered from criminals is managed transparently, responsibly and effectively. They also assessed whether existing institutional arrangements in their countries adequately support this work. | | | Read more › | |
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| |  | | | | | | A new methodology underway | | | | The Economic Crime Initiative also explored ways to improve how countries collect, record, and compare statistical data on recovery and management of criminal assets. Better harmonised data will help address a longstanding problem in measuring how well countries recover and manage these assets. The findings helped the development of a new methodology, giving beneficiary states a practical tool to produce consistent statistics and strengthen the performance of their asset recovery and asset management practices. | | | Read more › | |
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