Asset Recovery Directive

The Asset Recovery Directive is a set of European laws aimed at helping countries recover assets that have been illegally obtained or stolen across borders. Its goal is to enable authorities to trace, seize, and return illicitly acquired assets, such as money or property, to their rightful owners or the state. This framework promotes cooperation and coordination among EU member states, ensuring that criminal assets are not hidden or used to fund further crime, thereby strengthening efforts to combat corruption, money laundering, and other financial crimes throughout Europe.