Trillions of euros of corrupt funds are recycled through the global economy annually and less than 1% is being seized and frozen
The US has taken the lead in tackling this issue through the Global Magnitsky Act, banning visas and freezing the assets of corrupt individuals and human rights abusers. They were shortly followed by Canada, the United Kingdom and the three Baltic states, and there is growing consensus that the EU should adopt a similar legislation.
Beyond sanctions, the EU also needs to do better at confiscating and returning assets in a responsible manner.
Transparency International EU and CiFAR invite you to this conference to explore current EU developments on sanctions, including the prospect of the adoption of an EU-wide horizontal human rights sanctions regime and the upcoming review of the 2014 Directive on asset freezing and confiscation.
The agenda is below:
12:30 – 13:45
Light lunch
13:45 – 14:10
Introductory remarks by Carl Dolan, Director at Transparency International EU and keynote speech from Alexander Cooley, Director of the Harriman Institute, Columbia University
14:10 – 14:30
Launch of EU Sanctions Watch, a new online tool to visualise EU sanctions-related data
14:30 – 16:00
Panel: Towards the adoption of an EU-wide global human rights sanctions regime – moderated by Michael Peel, Financial Times
16:00 – 16:15
Coffee break
16:15 – 17:30
Panel: How can the EU do better at confiscating and returning stolen assets?
17:30 – 18:30
Concluding remarks and cocktail reception
6 Mar 2019 @ 12:30 pm
6 Mar 2019 @ 06:30 pm
Duration: 6 hours
The Office
80 Aarlenstraat
1000 Brussel
Belgium
English en