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Urgent need to strengthen financial intelligence units – Sharper tools needed to improve confiscation of illegal assets

Recommendation 2195 (2021)

Author(s):
Parliamentary Assembly
Origin
Text adopted by the Standing Committee, acting on behalf of the Assembly, on 19 March 2021 (see Doc. 15192, report of the Committee on Legal Affairs and Human Rights, rapporteur: Ms Thorhildur Sunna Ævarsdóttir).
1. The Parliamentary Assembly refers to its Resolution 2365 (2021) “Urgent need to strengthen financial intelligence units – Sharper tools needed to improve confiscation of illegal assets” and stresses the crucial importance of the fight against money laundering and terrorism financing for the preservation of democracy, the rule of law and national security.
2. It therefore invites the Committee of Ministers to:
2.1 strengthen the Council of Europe bodies playing a crucial role in the international fight against money laundering and terrorism financing, in particular the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL), the Group of States against Corruption (GRECO) and the Conference of the Parties to the Council of Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism (CETS No. 198, Warsaw Convention) and their secretariats;
2.2 engage in co-operation in this field, including with the European Union.
;