In the lead up to the 10th session of the Conference of the States Parties to the UN Convention against Corruption (UNCAC COSP) to be held in December 2023, the United States, along with France and the United Kingdom launched the Global Forum on Asset Recovery (GFAR) Action Series, which is organized by the Stolen Asset Recovery (StAR) Initiative, in collaboration with the International Anti-Corruption Coordination Centre (IACCC) and the International Centre for Asset Recovery (ICAR).
The GFAR Action Series builds on the Global Forum on Asset Recovery (GFAR), which was established as an outcome of the 2016 Anti-Corruption Summit, hosted by the United Kingdom. The Global Forum was co-hosted by the United Kingdom and the United States and organized by StAR. It focused on providing support to four countries: Nigeria, Sri Lanka, Tunisia and Ukraine and gathered policy makers, practitioners, law enforcement agencies, academics and civil society organizations. The “GFAR Principles for Disposition and Transfer of Confiscated Stolen Assets in Corruption Cases” were adopted by the co-hosts and focus countries and are still widely referenced on the international stage.