(e) Preventing and combating the transfer of proceeds of offences established in accordance with this Convention and recovering such proceeds

conversion or transfer of the proceeds of crime (article 6.1 (a) (i))

(g) Surveillance of the movement of proceeds of offences established in accordance with this Convention and of the methods used to transfer, conceal or disguise such proceeds

(f) Detecting and freezing of the transfer of proceeds of offences established in accordance with this Convention

21. The administration should establish a more frequent interval for the transfer of sales proceeds to UNICEF by the National Committees to improve the recovery rates of sales proceeds.

(d) The Administration should establish a more frequent interval for the transfer of sales proceeds to UNICEF by the National Committees to improve the recovery rates of sales proceeds.

(h) The Administration should establish a more frequent interval for the transfer of sales proceeds to UNICEF by the National Committees to improve the recovery rates of sales proceeds (para. 87)

The Working Group recalled its decision to include a definition of proceeds in draft article 5 and to address the issue of the transfer of rights in proceeds in draft article 11 and the issue of priority in proceeds in draft articles 23 and 24.

To combat further the transnational flow of the proceeds of crime, Member States agree to adopt measures, as appropriate, to combat the concealment or disguise of the true origin of proceeds of serious transnational crime and the intentional conversion or transfer of such proceeds for that purpose.

To combat further the transnational flow of the proceeds of crime, Member States agree to adopt measures, as appropriate, to combat the concealment or disguise of the true origin of proceeds of serious transnational crime and the intentional conversion or transfer of such proceeds for that purpose.

(c) Detection and monitoring the movements of proceeds, property and instrumentalities derived from offences set forth in this Convention and methods used for the transfer, concealment or disguise of such proceeds, property and instrumentalities

As to the definition of proceeds , language was suggested along the following lines Proceeds includes whatever is received upon the collection or disposition of the receivables or of the proceeds. With regard to the issue of the transfer of rights in proceeds, it was suggested that paragraph (3) should be replaced by wording along the following lines An assignment of receivables also assigns the assignor s rights to their proceeds .

quot (c) Detection and monitoring the movements of proceeds, property and instrumentalities derived from offences set forth in this Convention and methods used for the transfer, concealment or disguise of such proceeds, property and instrumentalities

In the case of assignment of proceeds, as contrasted with transfer, the right to demand payment remains with the original beneficiary, the assignee being given only the right to receive the proceeds of payment, if such payment occurs.

In order to address those concerns, it was generally agreed that paragraph (9) should provide a definition of proceeds , while the issue of the transfer of rights in proceeds could be dealt with in draft article 11 and the issue of priority in proceeds could be dealt with in draft articles 23 and 24.

In determining the amount to transfer, the Party holding the confiscated proceeds of crime or property may include any interest and appreciation that has accrued on the confiscated proceeds of crime or property and may deduct reasonable expenses incurred in investigations, prosecution or judicial proceedings leading to the confiscation of the proceeds of crime or property.

(d) Detection and monitoring of the movements of proceeds of crime, property, equipment or other instrumentalities and methods used for the transfer, concealment or disguise of such proceeds, property, equipment or other instrumentalities, as well as methods used in combating money laundering and other financial crimes

Also, the Administration should enforce the interest payment provision on late transfer of sales proceeds to the greeting card and related operations as enshrined in the recognition agreements.

1. A personal or property right securing payment of the assigned receivable is transferred to the assignee without a new act of transfer. If such a right, under the law governing it, is transferable only with a new act of transfer, the assignor is obliged to transfer such right and any proceeds to the assignee.

Laundering of proceeds of crime

Legalization of proceeds of crime

87. The Board recommends that the Administration establish a more frequent interval for National Committees to transfer their proceeds to the greeting card and related operations.

(a) The proceeds of serious offences, or assets of a value equivalent to that of such proceeds

Proceeds from sale of equipment

In determining the amount to transfer, the Parties shall agree on any issues related to interest and appreciation that has accrued on the confiscated proceeds of crime or property and the deduction of reasonable expenses incurred in investigations, prosecution or judicial proceedings leading to the confiscation of the proceeds of crime or property.

(d) Detection and monitoring of the movements of proceeds and property derived from offences covered by this Convention, instrumentalities used in the commission of such offences and methods used for the transfer, concealment or disguise of such proceeds, property and instrumentalities, and other methods used in combating money laundering and other financial crimes

Control of the proceeds of crime

(3) An assignment of receivables is effective to transfer the rights to cash received upon collection or other disposition of receivables, provided that the cash may be identified as proceeds of the receivables.

Information was also provided on the confiscation of assets and proceeds of crime and the sharing of such proceeds.

Laundering of the proceeds from corruption

(ii) Control of the proceeds of crime

(iv) Border control of proceeds of crime

Preventing the laundering of proceeds of corruption

The illegal proceeds shall be confiscated and a fine of 1 5 times of the illegal proceeds shall be imposed.

Criminalization of the laundering of proceeds of crime

The Board is however concerned about the present system whereby the National Committees transfer sales proceeds to the greeting card and related operations only six months after the end of their fiscal year.

Proceeds from sale of drug identification kits

(a) Proceeds derived from offences covered by this Convention or property the value of which corresponds to that of such proceeds

88. The Administration indicated that it would intensify its efforts to collect the outstanding accounts receivable and draw the attention of the National Committees to the interest provision on the late transfer of sales proceeds.

Disposal of confiscated proceeds of crime or property

Special rules on proceeds

Security rights in proceeds

33. Expected proceeds from the sale of related property and salvage proceeds should not be netted against an environmental liability.

(a) Proceeds of crime derived from offences covered by this Convention or property the value of which corresponds to that of such proceeds

(a) Proceeds derived from offences set forth in article 1 or property the value of which corresponds to that of such proceeds