A penalty or measure, ordered by a court following proceedings in relation to a criminal offence or criminal offences, resulting in the final deprivation of property.
The European Commission adopted a set of measures to address more vigorously the serious harms generated by corruption at economic, social and political level. Four out of five EU citizens regard corruption as a major problem in their Member State, making clear the need for a firm political commitment. Today the Commission is setting up a new mechanism, the EU Anti-Corruption Report, to monitor and assess Member States' efforts against corruption. This should foster political engagement and help Member States to better enforce the existing legislation and fully implement their international commitments.
These initiatives are part of a wider agenda to protect Europe's economy, as identified in the EU Internal Security Strategy in Action presented by the Commission in November 2010 (IP/10/1535). In autumn 2011, the Commission will also propose a revised EU legal framework on confiscation and asset recovery.