Roundtable on challenges in asset recovery

20 June 2022, Igman, Bosnia and Herzegovina: UNODC jointly with the Asset Management Agency of the Federation of Bosnia and Herzegovina (FBIH) organized a thematic roundtable in order to discuss challenges in implementing asset recovery in FBiH and ways in which these processes could be advanced, with a view to increase seized and confiscated property.

The event gathered judges, lawyers and prosecutors, police, government officials, financial experts, academia and other practitioners to discuss disputes in implementing the current asset recovery legal framework in FBiH. The meeting also benefited from the views of the Supreme Cassation Court of Serbia who shared experiences from their country as well as the practice of the European Court of Human Rights.

The audience recognized several entry points in which further advancements could be made, including but not limited to international cooperation in implementing asset recovery adjudications, particularly asset management, financial investigations and inter-agency collaboration.

In the coming months, UNODC will continue facilitating roundtable discussions in Bosnia and Herzegovina, targeting specific topics that have been set forth and agreed in the Asset Recovery Roadmap for Bosnia and Herzegovina, with a view of coming up with innovative and inclusive ways to resolve challenges in asset confiscation.

This activity is a part of the project „From Illicit Financial Flows to Asset Recovery“, generously supported by the UK Government and contributes to SDG  Target 16.4, to significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime.