Freezing and confiscation of crime proceeds in the EU

This procedure aims to strengthen the rules for freezing and confiscating assets derived from criminal activities across the European Union. By harmonizing laws, the EU seeks to make it harder for criminals to hide or move their illicit gains, ensuring that crime does not pay.

The rules will primarily affect law enforcement agencies and judicial authorities. It will impact organized crime groups and individuals involved in money laundering, fraud, and corruption by increasing the risk of asset seizure.