The Council of Europe has historically been at the forefront of international action against organised crime by developing a range of conventions and other soft law standards aimed at facilitating international co-operation as regards investigative assistance, search, seizure and confiscation of the proceeds from all types of criminality. Work in this area has led to the adoption of the 1990 Council of Europe Convention on laundering, search, seizure and confiscation of the proceeds from crime (“the Strasbourg Convention”), as the first internationally binding treaty that focuses exclusively on money laundering.

In May 2005, the Council of Europe opened for signature the Council of Europe Convention on Laundering, Search, Seizure and Confiscation of the Proceeds from Crime and on the Financing of Terrorism (CETS No. 198), which is the first international treaty covering both the prevention and the control of money laundering and the financing of terrorism.

On 23 November 2023, the  Committee of Ministers of the Council of Europe adopted the Terms of Reference establishing the Committee of Experts on Criminal Asset Recovery (PC-RAC).

The PC-RAC is  entrusted, under the authority of the Committee of Ministers and the European Committee on Crime Problems (CDPC), to elaborate an additional protocol supplementing the Council of Europe Convention on laundering, search, seizure and confiscation of the proceeds from crime and on the financing of terrorism (CETS no. 198), as well as a draft explanatory report.

The PC-RAC will meet 3 times a year, in closed session. Access to information about specific meetings and documents of the PC-RAC is available below, or depending on their classification, can be consulted in line with Resolution Res(2001)6 on access to Council of Europe documents.

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Back 4th meeting of the Committee of Experts on Criminal Asset Recovery (PC-RAC)

4th meeting of the Committee of Experts on Criminal Asset Recovery (PC-RAC)

The Committee of Experts on Criminal Asset Recovery (PC-RAC) held its fourth meeting from 24 to 26 March 2025 in Strasbourg, under the chairmanship of Mr Cornel-Virgiliu Calinescu (Romania). The meeting was opened by Ms Hanne Juncher, Director of the Security, Integrity and Rule of Law Directorate, who underlined the importance of the Committee’s work on providing a robust and effective legal framework to strengthen criminal asset recovery. The meeting marked a significant milestone with the reading of the first draft provisions of the future additional protocol to the Council of Europe Convention on laundering, search, seizure, and confiscation of the proceeds from crime and on the financing of terrorism (CETS 198).  Discussions particularly focused on various forms of confiscation and international cooperation in asset tracing, freezing, and confiscation. Experts discussed the tools and mechanisms needed to strengthen their competent authorities’ capacities for action in these areas. The next meeting of the PC-RAC will be held in Strasbourg from 21 to 23 May 2025.

Link to the Abridged Meeting Report


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Strasbourg, France 24-26 March 2025
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