Overview
- The 340‑page Asset Recovery Guidance and Best Practices operationalises FATF’s revised standards on confiscation and cooperation, with more than 85 case examples and targeted chapters for policymakers, investigators, prosecutors and judges.
- FATF urges countries to prioritise asset recovery and adopt tools including early ex‑parte freezing, extended confiscation and unexplained‑wealth orders, alongside faster informal cross‑border cooperation.
- India’s Enforcement Directorate is highlighted for shaping the guidance and for casework that returned funds to victims, with examples including the Agri Gold fraud recovery of about ₹6,000 crore and restitution in the Rose Valley scheme.
- Technology‑focused actions feature in the report, such as the BitConnect probe that secured roughly ₹1,646 crore in crypto and additional attached assets, and a US‑linked case where Indian authorities seized 268.22 bitcoins and other property.
- FATF notes more than 80% of jurisdictions show low or moderate effectiveness in asset recovery and flags implementation challenges that national governments and courts must address next.