Laundering of proceeds of other serious crimes considered a criminal offence

Curriculum on International Cooperation in Criminal Matters Extradition, Mutual Legal Assistance and Proceeds of Crime, 2002.

Presented papers on international criminal law, the International Criminal Court, international penal law conventions, terrorism, corruption and proceeds of crime to various international forums and conferences

Money laundering is generally understood to mean the processing of criminal proceeds to conceal or disguise their illegal origin.

We in Fiji currently have before Parliament legislation that will criminalize money laundering not only as regards illegal proceeds from the sale of illicit drugs, but to cover all proceeds from criminal activities.

Nevertheless, the challenge remains to effectively implement the laws and show real progress in seizing criminal proceeds and prosecuting money launderers.

A large predicate basis removes difficulties in proving that particular proceeds are attributable to specific criminal activities when the person in question is involved in a broad range of criminal activities.

Recommendation 103 (proceeds)

Special rules on proceeds

(b) To provide factual, concrete help to competent authorities that may contribute to depriving organized criminal groups of their resources or of the proceeds of crime.

The idea was principally to study how to implement the criminalization provisions relating to laundering the proceeds of crime, corruption and participation in organized criminal gangs.

Governments should ensure that their legal regimes include the ability to act against narcotics related money laundering, the proceeds of other criminal acts and terrorist financing.

(b) There is no substantiated evidence that the organization has received, or attempted to receive, proceeds resulting from internationally recognized criminal activities or from private organizations.

Laundering of proceeds of crime

Proceeds derived from the offence

Proceeds from revenue producing activities

Legalization of proceeds of crime

In fact, the involvement of terrorist groups in money laundering could increase in the future as they seek to legitimize the proceeds of their burgeoning criminal activities.

When organized crime is unable to move its resources through legitimate financial systems, it moves its criminal proceeds illegally by exploiting weaknesses in the trade control system.

States in which it is a criminal offence to launder the proceeds of drug trafficking, by region (those responding in both the second and the third reporting period)

It should be mentioned at this point that, on the question of whether confiscation was also available for proceeds derived from offences established under the Protocols, responding States generally reported that rules on confiscation were general rules applicable with respect to the proceeds of any criminal offence.

Control of the proceeds of crime

Control of the proceeds of crime

If it can, then it proceeds.

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

Manage the delivery of and deliver technical assistance to States on implementing legislation for the conventions, and international cooperation in criminal matters including restraint and confiscation of proceeds of crime

Document fraud and theft, for example, not only facilitates the free and undetected movement of members of terrorist groups, but also generate criminal proceeds to fund travel and other activities.

The soldiers then take half the proceeds.

Construction proceeds on several major industrial projects.

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

The vast majority of these proceeds are retained by criminal organizations in rich countries and laundered by banks in global financial centers, with just a small amount returning to Latin America.

Similarly, the new Code of Criminal Procedures allowed the seizure of such proceeds and property (art. 123), as well as other interests, such as immovable property, rights and secured credits (art.

Some delegations also noted the importance of the recovery of proceeds of fraud in public criminal law systems and of restitution and the compensation of victims in private commercial law systems.

Since economic crimes, including money laundering, are committed for the purpose of obtaining profit, tracing, freezing, seizing and confiscating the proceeds of crime are the most effective measures against those criminal activities.

Criminalization of the laundering of proceeds of crime

Disposal of confiscated proceeds of crime or property

Accounting for proceeds from the sale of property

Equally important was the targeting of its proceeds.

Proceeds of awards pending disposition a 0.5 0.6

Spending the proceeds last night on a blonde.

In West and Central Africa, the collapse of institutional frameworks is often linked to the laundering of the proceeds of drug trafficking for the procurement of arms by rebel groups and criminal organizations.

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

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

Reference was made to provisions of national penal codes and other domestic legislation establishing as criminal offences participation in an organized criminal group, laundering of the proceeds of crime, corruption and obstruction of justice, and explanations were provided of the specific elements of such offences in domestic provisions.

Reference was made to provisions of national penal codes and other domestic legislation establishing as criminal offences participation in an organized criminal group, laundering of the proceeds of crime, corruption and obstruction of justice, and explanations were provided of the specific elements of such offences in domestic provisions.