On 13 December, the Council of Europe published a report into the Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism. The report evaluates the extent to which 37 states parties comply with Article 6 of the Treaty, which aims to ensure a systematic approach to the management of seized and frozen assets until the judicial authorities confirm the final confiscation order. Until then, seized and frozen assets should be preserved and administered in a manner that their value does not, at least, decrease. This applies to tangible assets – such as cars, buildings or precious metals – and intangible assets, such as intellectual property or virtual assets. The report contains a review of each state party evaluated and country-specific recommendations addressing any shortcomings identified.
https://rm.coe.int/c198-cop-2022-1-hr-art-6-en/1680a96056
https://www.buymeacoffee.com/KoIvM842y
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