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Focussing on criminals' assets

12 April 2011

The Commission adopted today a report on the functioning of 'Asset Recovery Offices' set up in Member States to identify illegally acquired assets on their territory and deprive criminals from their criminal profits. The report shows that the offices are important in fighting organised crime, but at the same time more needs to be done to get hold of the substantial amounts that are acquired through illegal activities within the EU.

"As criminal groups operate without borders and increasingly acquire assets in other Member States than their own, we must step up our efforts within the EU to hurt them where it hurts the most, by going after their money", said EU Commissioner for Home Affairs Cecilia Malmström.

"I intend to take the next step in this important work later this year, by proposing measures to improve the capacity of Member States' authorities to freeze, seize, and re-use illicitly acquired assets and other crime related property", said Cecilia Malmström.

The measures Commissioner Malmström mentions are part of the Internal Security Strategy that was adopted by the Commission last fall. Read more on the Internal Security Strategy, read the press release on today's report, and read the report in full.