- Lo Furneaux
RUSI's CFCS: The Role of Private Sector Actors in Asset Recovery
It was recently revealed that only 1% of criminal proceeds are ultimately confiscated, leaving a vast source of untouched funds that could be put back into the public purse. Given the limited public finances in a post-pandemic world, is it time to consider the role of the private sector in the fight against illicit financial flows?
Today, Centre for Financial Crime and Security Studies (CFCS) at RUSI is hosting a discussion on how partnerships between the public and private sector can improve asset recovery to ensure more money is given back to society. They will also be discussing how to improve the public’s acceptance of profiting from the proceeds of crime.
This discussion will be chaired by Helen Wood, Associate Fellow for RUSI’s Centre for Financial Crime and Security Studies, and will feature 3 leading figures from the public sector asset recovery industry:
Aidan Larkin, Co-Founder & CEO of Asset Reality
Jonathan Benton, Founder & CEO of Intelligent Sanctuary
Katherine Mulhern, Founder & CEO of Restitution Impact
Commenting ahead of the discussion, Aidan Larkin (Co-Founder & CEO) said:
“I’m delighted to have been invited to speak as a part of the RUSI CFCS panel on the role of the private sector in fighting financial crime. We need to embrace the difficult conversations about what needs to change to try and make crime pay for society.”
RUSI is the world’s oldest independent think tank on international defence and security. Since its creation in 2014, the CFCS has been studying the intersection between illicit financial flows and security, delivering groundbreaking research to tackle the challenges in the international world of illicit finance.
The discussion will take place on Friday 15th October at 2pm BST.
You can watch the live-stream live, or the recording after the event using this link: https://bit.ly/RUSICFCS_PrivateSector
If you would like to know more about improving asset recovery, contact firstname.lastname@example.org
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