Purpose

This study aims to understand the member countries’ current asset recovery mechanism based on two elements, namely, confiscation policy and asset recovery management framework.

Design/methodology/approach

Content analysis was performed on the Financial Action Task Force (FATF) Mutual Evaluation Report (MER) of eight countries.

Findings

The result showed that only a few countries established a centralised asset recovery centre or special task force to manage recovered assets.

Research limitations/implications

This study is limited to information mentioned in the FATF MER.

Practical implications

This study highlights the need to have a centralised asset recovery management centre as an initiative to improve the outcome of money laundering investigations. The study findings will benefit regulators to understand further the practical challenges of the asset recovery mechanism for future improvement.

Originality/value

FATF recommends that each country establish a centralised asset recovery centre and work closely with the investigating officers and prosecutors in deciding on assets confiscation. However, the implementation is contingent on their local environment and resources at the member countries’ discretion. Therefore, this study aimed to understand the member countries’ current asset recovery mechanism based on two elements, namely confiscation policy and asset recovery management framework.

中文翻译：

---

反洗钱中的资产追回实践——来自亚太地区FATF成员国互评报告的证据

目的

本研究旨在基于没收政策和资产追回管理框架这两个要素了解成员国当前的资产追回机制。

设计/方法/途径

对八个国家的金融行动特别工作组 (FATF) 相互评估报告 (MER) 进行了内容分析。

发现

结果表明，只有少数国家建立了集中的资产追回中心或专门工作组来管理追回的资产。

研究局限性/影响

本研究仅限于 FATF MER 中提及的信息。

实际影响

这项研究强调了建立一个集中的资产追回管理中心的必要性，以此作为改善洗钱调查结果的一项举措。研究结果将有利于监管机构进一步了解资产追回机制的实际挑战，以便日后改进。

原创性/价值

FATF 建议每个国家建立一个集中的资产追回中心，并与调查人员和检察官密切合作以决定资产没收。但是，实施取决于成员国自行决定的当地环境和资源。因此，本研究旨在基于没收政策和资产追回管理框架这两个要素来了解成员国当前的资产追回机制。