Publications

A Good Practice Guide for Non-conviction-based Asset Forfeiture
January 5 2009
Authors:
  • Theodore S. Greenberg
  • Linda M. Samuel
  • Wingate Grant
  • Larissa Gray

Identifies the key concepts - legal, operational and practical - a procedure that provides for the seizure and forfeiture of of stolen assets without the need for a criminal conviction.

Politically Exposed Persons: Preventive Measures for the Banking Sector
May 11 2012
Authors:
  • Theodore S. Greenberg
  • Larissa Gray
  • Delphine Schantz
  • Carolin Gardner
  • Michael Latham

Combines policy recommendations and good practices aimed at making it harder for corrupt Politically Exposed Persons (PEPs) to launder their money, and make it easier to get stolen assets back.

On the Take: Criminalizing Illicit Enrichment to Fight Corruption
December 6 2012
Authors:
  • Lindy Muzila
  • Michelle Morales
  • Marianne Mathias
  • Tammar Berger

'On the Take: Criminalizing Illicit Enrichment to Fight Corruption' is the first comprehensive survey of illicit enrichment laws and provides a broad analysis of the challenges in both drafting and implementing the criminal offense of illicit enrichment.  'On the Take' provides policy makers, prosecutors, and other practitioners with a better understanding of the features of the illicit enrichment offense.  The StAR Initiative unveils this guide to inform decision-makers considering adopting the offense and to assist those implementing illicit enrichments laws to do so in a way that contributes to effective prosecution, confiscation, and recovery of assets. 

Few and Far The Hard Facts on Stolen Asset Recovery
September 10 2014
Authors:
  • Larissa Gray

Corruption has a devastating impact on developing and transition countries, with estimates of $20 billion to $40 billion per year stolen by public officials, a figure equivalent to 20 to 40 percent of official development assistance flows.

Barriers to Asset Recovery: An Analysis of the Key Barriers and Recommendations for Action
June 21 2011
Authors:
  • Kevin M. Stephenson
  • Larissa Gray
  • Ric Power
  • Jean-Pierre Brun
  • Gabriele Dunker
  • Melissa Panjer

Barriers to Asset Recovery, released on June 21, 2011 by the World Bank Group and the United Nations Office on Drugs and Crime’s (UNODC) Stolen Asset Recovery Initiative (StAR), advises policy makers on reforms that will enable the recovery of stolen assets. Drawing on consultations with over 50 practitioners around the globe, the study identifies challenges to asset recovery, and recommends eight strategic actions and best practices for policy makers, legislators and practitioners. It is a powerful tool that will help policy makers design a comprehensive strategy for recovering the proceeds of corruption in their countries.

Asset Recovery Handbook: A Guide for Practitioners
January 3 2011
Authors:
  • Jean-Pierre Brun
  • Clive Scott
  • Kevin M. Stephenson
  • Larissa Gray

Developing countries lose between $20 billion and $40 billion each year to bribery, embezzlement, and other corrupt practices. Over the past 15 years only $5 billion has been recovered and returned. A new handbook seeks to help close this gap. The Asset Recovery Handbook, produced by the Stolen Asset Recovery Initiative (StAR) of the World Bank Group and the United Nations Office on Drugs and Crime (UNODC), provides practitioners with a how-to guide for recovering stolen assets.

Left out of the Bargain: Settlements in Foreign Bribery Cases and Implications for Asset Recovery
November 27 2013
Authors:
  • Jacinta Odour
  • Jeanne Hauch
  • Marianne Mathias
  • Ji Won Park
  • Oliver Stolpe
  • Agustin Flah
  • Dorothee Gottwald
  • Francisca M. U. Fernando

Countries have increasingly used settlements — any procedure short of a full trial— to conclude foreign bribery, imposing billions in monetary sanctions. But what happens to the money associated with settlements? And what can be done to help those harmed by foreign bribery...

The Puppet Masters: How the Corrupt Use Legal Structures to Hide Stolen Assets and What to Do About It
October 24 2011
Authors:
  • Emile van der Does de Willebois
  • Emily M. Halter
  • Robert A. Harrison
  • Ji Won Park
  • J.C. Sharman

This new StAR report examines how bribes, embezzled state assets and other criminal proceeds are being hidden via legal structures – shell companies, foundations, trusts and others. The study also provides policy makers with practical recommendations on how to step up ongoing international efforts to uncover flows of criminal funds and prevent criminals from misusing shell companies and other legal entities. 

Public Office, Private Interests: Accountability through Income and Asset Disclosure
March 28 2012

The first global study of financial disclosure laws and practices calls for a renewed commitment to income and asset disclosure to deter the use of public office for private gain, and to help manage actual and apparent conflicts of interest in the public sector. The study also shows that asset disclosure systems are more effective when there is a credible threat that violations will be detected and punished.

Management of Returned Assets: Policy Considerations
October 12 2009
The recovery of stolen assets raises a series of policy questions about how to use the returned funds to support development goals and how to keep the public informed. Success in managing returned assets builds confidence in public institutions and reinforces the rule of law. This note provides policymakers with an analytical framework for addressing the key management issues they will face. National authorities are encouraged to start planning early, while the asset recovery process is still ongoing.