Canada’s Approach to Seizing Frozen Assets and Holding Corrupt Leaders to Account A working paper produced as part of the World Refugee & Migration Council’s Canadian Task Force Against Global Corruption. Introduction Bad governance often causes forced displacement and is almost always associated with corruption. Grand corruption, defined as “the abuse of high-level
Canadian Task Force Against Global Corruption
Combatting Grand Corruption Internationally: Repurposing Assets for the Forcibly Displaced
The bad governance that so often causes forced displacement is almost always associated with corruption. Grand corruption weakens and distracts governments, making it less likely that they will meet their responsibility to protect their own population. Furthermore, corruption discourages donors, compounding the difficulty in funding efforts to assist refugees and the internally displaced.
The World Refugee & Migration Council (WRMC) addressed the scourge of corruption in Un llamado a la acción: Transformar el sistema global de refugio, stressing accountability and proposing that when stolen funds are found offshore, they ought not only to be frozen but also confiscated and re-purposed for the benefit of the displaced, as Canada has now done under its Special Economic Measures Act. That legislation is based on the proposed Frozen Assets Repurposing Act advanced by the WRMC with independent Canadian Senator Ratna Omidvar.
The Task Force has three key priorities:
- Promote the repurposing of frozen and seized assets, including under Canada’s Special Economic Measures Act and its regulations, as a complement to existing Magnitsky legislation and the Justice for Victims of Corrupt Foreign Officials Act.
- Outline specific ways to effectively implement anti-corruption measures by strengthening existing frameworks and institutions under the principles of accountability and restorative justice. These measures will play an essential role in complementing the road to criminal prosecution of the perpetrators of grand corruption.
- Support efforts to reform the international anti-corruption regime.
News & Analysis
- Canada starts first process to seize and pursue the forfeiture of assets of sanctioned Russian oligarch — Global Affairs Canada
- What should Canada do with this Russian tycoon’s money? — Nicholas Keung, The Toronto Star
- Combating Corruption Internationally a Top Foreign Policy Priority for Canadians
- Canadians overwhelmingly support an International Anti-Corruption Court
- Communiqué de presse : Le Conseil mondial pour les réfugiés et la migration lance un groupe de travail canadien de haut niveau contre la corruption mondiale
- An international court to crack down on corruption — Peter MacKay, The National Post
- Canada Should Lead in Creating an International Court to Fight Corruption — Lloyd Axworthy and Fen Osler Hampson, Toronto Star
- Projet de loi S-217 : Loi sur la réaffectation de certains biens saisis, bloqués ou mis sous séquestre
- Repurposing Frozen Assets to Assist the Forcibly Displaced — Research Paper
- Lettre de mandat de la ministre des Affaires étrangères
- Declaration in Support of the Creation of an International Anti-Corruption Court —Integrity Initiatives International
- Deterring Kleptocracy Demands an International Anti-Corruption Court — Susana Malcorra and Ian J. Lynch, Global Governance Forum
- Wholesale Corruption Causing a Democracy Deficit — Fen Hampson, Diplomat Magazine
- World Needs Canada to Champion an International Anti-corruption Court — Farid Rohani, Toronto Star
- Taking the Climate Crisis Seriously Requires Ambitious Anti-Corruption Solutions — Ian J. Lynch and Maja Groff, The Diplomat
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