Abstract
This paper analyses the latest developments in the rapidly moving world of international asset recovery. The United Nations Convention Against Corruption of 2005 has fast become the global benchmark not only in efforts to combat corruption but also in the field of asset recovery. This article attempts to identify where the main developments have occurred in international asset recovery but also considers the historical efforts in the European Union to try to take the profit out of crime and analyses the effectiveness of the current plethora of European Union directives and initiatives in this area. The points made are illustrated with a number of prominent cases.
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