On 15 May 2026, at its 135th Session in Chişinău, Republic of Moldova, the Committee of Ministers of the Council of Europe adopted an Additional Protocol to the Convention on Laundering, Search, Seizure, and Confiscation of the Proceeds from Crime and on the Financing of Terrorism (CETS No. 198; Warsaw Convention). The Additional Protocol modernises the legal and institutional frameworks for asset recovery, in response to increasingly sophisticated, transnational and technologically advanced criminal networks. It enhances the authorities’ capacities to monitor and suspend suspicious transactions and to confiscate assets, including crypto-assets, obtained through criminal conduct. The Protocol will be opened for signature on 14 October 2026, in Strasbourg, on the occasion of the Octopus Conference. The states are invited to take this opportunity to affirm their commitment to advancing legal and institutional frameworks for criminal asset recovery by signing this important instrument. |