The “Advanced training on asset tracing and identification based on available data“ was organized on 22-23 April 2019 in Kotor, Montenegro, for 30 representatives of prosecution, judiciary, police and law enforcement agencies. The training aimed at strengthening law enforcement and criminal justice capacities to track illicit financial flows through off-shore destinations and complex ownership structures thereby preventing and suppressing money-laundering practices. During the two days, participant discussed with the Council of Europe expert areas of special interest, including use of new financial instruments to launder proceeds of crime, the layering process and strategies of transit countries to supress such practices, and use of Internet based databases in financial investigations. The training also served as a platform for exchange of views among different agencies when it comes to exchange of data and performance of joint efforts. The participants had the opportunity to raise specific questions related to ongoing investigations and challenges they are facing in processing of cases, as well as to receive advice and guidance on new available tools and methods for addressing these challenges.
This activity was a follow-up to trainings previosly organised under the CoE/EU’s Horizontal Facility for Western Balkans and Turkey – Action against Economic Crime in Montenegro (AEC-MNE).