The Impact of the Legalization of Criminally Obtained Funds on the Economy of Latvia

The legitimate aim of confiscation proceeds crime can be defined as the removal from lawful civil circulation in order to prevent its further and commission criminal offences reduce financial incentive commit offences. author’s research case law latest trends has led her conclusion that recognition property requires time understanding application respective rules practice. paper is second part previously published article. studies current issues money laundering cases trends. To prove legal origin property, it often evidence presented deemed insufficient by persons directing proceedings. In many cases, or other tangible assets are confiscated simply because a lack adequate education, knowledge practical experience, which leads unjustified decisions declare confiscate for benefit state. This also puts state itself at risk, eventually diverse types claims brought, including damage compensation; human rights violations identified. Keywords: stand alone, anti-money laundering, related