(e) Preventing and combating the transfer of proceeds of offences established in accordance with this Convention and recovering such proceeds

conversion or transfer of the proceeds of crime (article 6.1 (a) (i))

(g) Surveillance of the movement of proceeds of offences established in accordance with this Convention and of the methods used to transfer, conceal or disguise such proceeds

(f) Detecting and freezing of the transfer of proceeds of offences established in accordance with this Convention

(d) Detection and monitoring of the movements of proceeds of crime, property, equipment or other instrumentalities and methods used for the transfer, concealment or disguise of such proceeds, property, equipment or other instrumentalities, as well as methods used in combating money laundering and other financial crimes

1. A personal or property right securing payment of the assigned receivable is transferred to the assignee without a new act of transfer. If such a right, under the law governing it, is transferable only with a new act of transfer, the assignor is obliged to transfer such right and any proceeds to the assignee.

Laundering of proceeds of crime

Control of the proceeds of crime

Information was also provided on the confiscation of assets and proceeds of crime and the sharing of such proceeds.

(b) The Party holding the confiscated proceeds of crime or property shall transfer a sum equivalent to that proportion set forth in subparagraph (a) above to the other Party in accordance with article 6 of this Agreement.

Special rules on proceeds

Criminalization of the laundering of proceeds of crime

Disposal of confiscated proceeds of crime or property

(a) Proceeds of crime derived from offences covered by this Convention or property the value of which corresponds to that of such proceeds

Prevention and detection of transfers of proceeds of crime

Proceeds derived from the offence

Proceeds from revenue producing activities

Accounting for proceeds from the sale of property

(v) Disposal of confiscated proceeds of crime (article 14)

(v) Disposal of confiscated proceeds of crime (article 14)

Money laundering and control of the proceeds of crime

(a) Proceeds of crime derived from offences established in accordance with this Convention or property the value of which corresponds to that of such proceeds

5. Income or other benefits derived from proceeds of crime, from property into which proceeds of crime have been transformed or converted or from property with which proceeds of crime have been intermingled shall also be liable to the measures referred to in this article, in the same manner and to the same extent as proceeds of crime.

(a) The assignor has received the proceeds under instructions from the assignee to hold the proceeds for the benefit of the assignee and

In making the transfer, the Parties recognize that all right or title to and interest in the transferred proceeds of crime or property have already been adjudicated and that no further judicial proceedings are necessary to complete the confiscation.

Maintaining statistical data on seized proceeds of money laundering

Maintaining statistical data on confiscated proceeds of money laundering

The Party transferring the proceeds of crime or property assumes no liability or responsibility for the proceeds of crime or property once they have been transferred and relinquishes all right or title to and interest in the transferred proceeds of crime or property.

Freezing, seizure and confiscation of proceeds of drug trafficking offences

Freezing, seizure and confiscation of proceeds of other serious crimes

Article 5 Sharing of confiscated proceeds of crime or property

Article 6 Payment of shared proceeds of crime or property

Property that is the proceeds of, or involved in, the financing of terrorism, terrorist acts or terrorist organisations can be confiscated through the Proceeds of Crime Act 2002.

Terrorists are also often dependent upon the proceeds of crime.

The soldiers then take half the proceeds.

Construction proceeds on several major industrial projects.

Laundering of proceeds of other serious crimes considered a criminal offence

Law on Prevention of the Laundering of the Proceeds from Crime

States reporting measures for freezing, seizure and confiscation of illicit proceeds

Article 4 Requests for sharing confiscated proceeds of crime or property

2. If proceeds are received by the assignor, the right of the assignee in those proceeds has priority over the right of a competing claimant in those proceeds to the same extent as the assignee's right had priority over the right in the assigned receivable of that claimant if

concealment or disguise of the proceeds of crime (article 6.1 (a) (ii))

The latter provision facilitates the tracking or tracing of proceeds of crime.

transfer of prosecutions

Transfer of rights