You might have heard recently quite a lot about such issues like the confiscation of property, recovery of assets, etc.
You might have also heard that the Verkhovna Rada will vote soon on an important number of laws, which addresses key issues in the area of anti-corruption. Draft laws on asset recovery and confiscation of property are one of the most debated topics.
Often, “European” practice and standards are used and referred to in these discussions here in Ukraine.
But what are these “European” standards and practice? Do we all speak about the same issues? For this purpose, we prepared this overview [344 KB] .
This document is to provide a quick guide on the relevant international and European provisions and notions behind the freezing and confiscation of instrumentalities and proceeds of crime.