The aim was to increase the risk of detection and prosecution and forfeiture of criminal assets.

Several States referred to constraints faced during investigative, prosecution and trial phases, in particular the lack of financial resources and trained personnel to secure forfeiture of assets.

1.2 The CTC would appreciate knowing whether the draft Law on Forfeiture of Criminal Assets, approved by the Council of Ministers in February 2004, has become law.

A continuing challenge facing several States in the investigative, prosecution and trial phases was the lack of financial resources and trained personnel with the operational know how required to achieve the forfeiture of assets.

A specialized prosecution unit had also been established at the Office of the Attorney General to prosecute terrorism and money laundering cases and to deal with the forfeiture of assets emanating from terrorist activities.

In Argentina, Guatemala and Honduras customs seized the assets and started an investigation and in Canada, Nigeria and Zimbabwe the penalty was forfeiture, which could be combined with a fine and imprisonment.

Part 8 deals with seizure and forfeiture property.

(t) Control of the proceeds of crime, including freezing, confiscation, civil forfeiture or asset sharing

Training also includes asset identification and removal through seizure and forfeiture of civil and criminal nature.

(b) Providing direct on site mentor support in ongoing prosecution and asset forfeiture casework

By 1879, English law began to distinguish between suicide and homicide, although suicide still resulted in forfeiture of estate.

(g) Confiscation , which includes forfeiture where applicable, shall mean the permanent deprivation of property by order of a court or other competent authority

(g) Confiscation , which includes forfeiture where applicable, shall mean the permanent deprivation of property by order of a court or other competent authority

In most jurisdictions bids are binding on bidders and withdrawal of bids may be subject to the forfeiture of a bid security, if any.

In China, this proportion of fixed, illiquid assets exceeds 90 . Resource assets account for roughly 50 of total government assets, with operating assets amounting to 39 and administrative (or non operating) assets comprising another 6 .

Resource assets account for roughly 50 of total government assets, with operating assets amounting to 39 and administrative (or non operating) assets comprising another 6 .

Clause 37 would enable the Attorney General to apply to judge of the High Court for an order of forfeiture in respect of terrorist property.

(a) Assets of the debtor, including the debtor's interest in encumbered assets and in third party owned assets

A description of the nature of the assets frozen (i.e. bank deposits, securities, business assets, precious commodities, works of art, real estate property and other assets) The value of assets frozen

Identification(s) of the person of entities whose assets have been frozen A description of the nature of the assets frozen (i.e., bank deposits securities, business assets, precious commodities, work of art, real estate property and other assets) The value of assets frozen.

The programme will result in better prosecution, sentencing and asset forfeiture outcomes in casework related to international drug crime and terrorism

freezing of assets

(b) The programme will also promote more use, and fewer refusals, of casework requests relating to mutual legal assistance, asset forfeiture and extradition under the conventions.

Direct on site operational support was given to three Southern African States (Kenya, South Africa and Zambia) in ongoing prosecution and asset forfeiture casework.

Return and disposal of assets

Scope of the assets freeze

The allotment of common assets

But positive net assets are not sufficient to eliminate financial risk, which also depends on asset structure (the liquidity of assets and the alignment of maturities of assets and liabilities).

As from the same date, i.e. 1 August 2004, doubts were eliminated also as regards interpretation of the provision of Section 73 of the Criminal Code concerning forfeiture of a thing.

Assets freeze

Assets freeze

Liquid assets are assets that resemble cash, because they can easily be converted into cash and used to buy other assets.

They may have overvalued some of these assets but the assets are, by and large, still there.

Clause 35 would enable the forfeiture of property used in the commission of terrorist acts or property obtained as proceeds of crime where a person has been convicted of a terrorist offence.

Loss of control over our assets!

Freezing of economic and financial assets

Treatment of assets acquired after commencement

Ownership of and Access to Assets.

No such funds, financial assets or economic assets have been frozen or unfrozen.

(a) The balance between equity type assets and other assets, such as bonds

The assets freeze

Any assets frozen?

Any assets frozen?

Owners who sell these assets will gain roughly 800 billion relative to the pre merger value of their assets.

Assets may not be provided to persons, enterprises and entities covered by the freezing of assets, and assets and economic resources may not be made available to them directly or indirectly.