Confiscation of proceeds of crime in Vietnam: improving the legal framework

What is it about?

Vietnam has a functioning criminal asset confiscation regime but gaps in the law, a lack of financial investigation expertise and a lack of focused investigative attention on asset preservation and confiscation are hampering its effectiveness. The key gaps can easily be closed with appropriate amendments to the law. These reforms should be combined with a dedicated skills development program to produce a sufficient number of financial investigation experts and criminal asset management experts to support the regime. The training should extend to judicial officers to ensure an appropriate understanding of the asset confiscation law.

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