ANABI - Partner in the European project KLEPTOTRACE - Aiming to strengthen a tool in the field of investigation, tracing and asset recovery in the EU.

ANABI - Partner in the European project KLEPTOTRACE - Aiming to strengthen a tool in the field of investigation, tracing and asset recovery in the EU.

ANABI is honoured to be a partner in the KLEPTOTRACE project - Strengthening EU asset recovery and sanction tracing against transnational high-level corruption.

KLEPTOTRACE is a project funded by the European Union’s Internal Security Fund under grant agreement No. 101103298, with the objective of strengthening the investigation, tracing and recovery of the assets related to transnational high-level corruption and to sanctioned regimes and entities.

The project is implemented by the Università Cattolica di Sacro Cuore (project coordinator) - Italy, in partnership with the National Agency for the Management of Seized Assets (ANABI) and partners from 8 EU countries and includes IT companies (Crime&tech), law enforcement authorities (Spanish National Police), financial intelligence units (Financial Intelligence Unit of Latvia, Financial Services Authority of Malta), anti-corruption authorities (National Anti-Corruption Authority of Italy), Harokopio University of Athens, University of Luxembourg, civil society/investigative journalists from Italy (IRPI) and Romania (CONTEXT.RO), EUROPOL, OpenSanctions database, business registry professionals - The European Business Registry Association (EBRA) and the Network of Corruption Prevention Authorities (NCPA).

The project will be implemented over a period of 2 years, starting in May 2023.

The kick-off meeting of KLEPTOTRACE project took place on June 8th, in hybrid format (online and physical presence), at Università Cattolica del Sacro Cuore in Milan. The Consortium partners met to debate the working plan for the upcoming two years.

The necessity of implementing the project is due to the fact that investigations into high-level corruption and the recovery of funds in the EU is hampered by:

  1. Lack of knowledge about the complex transnational schemes used by Kleptocrats;
  2. Lack of knowledge about the applicable legal bases and judicial cooperation instrument;
  3. Lack of investigative capabilities due to the absence of tools and databases;
  4. Difficulty for civil society and the private sector in the EU to detect corruption schemes and report them to the competent authorities.

KLEPTOTRACE aims to achieve the following objectives:

  1. Monitor the new forms of high-level corruption and the schemes for circumventing EU sanctions;
  2. Organize training sessions and e-learning to EU public authorities;
  3. Develop a data-driven toolbox for investigating and tracing assets related to high-level corruption and sanctioned individuals and entities;
  4. Assess the current EU sanction regime and make policy recommendations;
  5. Boost the awareness of the EU authorities and civil society about the threats and the risks posed by transnational high-level corruption.

The objectives of the KLEPTOTRACE project will be achieved by combining the following elements:

  1. Research on new forms and risk factors of high-level corruption and sanctions-evasion schemes;
  2. Training sessions for EU authorities, the private sector and civil society;
  3. The development and validation of the KLEPTOTRACE toolbox.

The KLEPTOTRACE tool will develop and improve the DATACROS tool by integrating new databases and incorporating innovative risk assessment functions based on artificial intelligence. It will cover more than 200 countries and will be accessible to interested authorities in all EU Member States.

PARTNERS:

More information about the project, the full list of partners involved, including ANABI, as well as the presentation of the activities carried out under the aegis of this project, can be found on the official website: https://transcrime.it/kleptotrace/



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