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Challenges in settling non-conviction based civil confiscation of unexplained wealth

Todor Kolarov (Department of Law, New Bulgarian University, Sofia, Bulgaria and Department of Political and European Studies, American University in Bulgaria, Blagoevgrad, Bulgaria)

Journal of Money Laundering Control

ISSN: 1368-5201

Article publication date: 19 October 2020

Abstract

Purpose

The purpose of this paper is to evaluate the benefits and challenges, on the national and international level, associated with the settlement of cases involving non-conviction civil confiscation of unexplained wealth.

Design/methodology/approach

This paper is centered on evaluation of key aspects of settlement of civil confiscation of unexplained wealth cases. Conducting a review of settlement of confiscation cases and of non-conviction-based unexplained wealth regimes, this research evaluates the validity of the lead thesis.

Findings

Settlement of civil asset confiscation of unexplained wealth cases presents several challenges that call for mitigation.

Originality/value

This paper emphasizes the theoretical and practical issues on the national and international level related to settlement of cases involving non-conviction-based civil asset confiscation of unexplained wealth, with recommendations for development of legal principles for non-conviction based civil asset confiscation.

Keywords

Citation

Kolarov, T. (2020), "Challenges in settling non-conviction based civil confiscation of unexplained wealth", Journal of Money Laundering Control, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JMLC-07-2020-0076

Publisher

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Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited