Day 11: Asset Confiscation

#QuickBiteCompliance Day 11

What is Asset Confiscation?
The practice of taking ownership of an individual or legal entity’s assets during or as the result of an investigation into a sanctions violation.

#InclusiveRegtech #AssetConfiscation
Source: https://www.acams.org/en/resources/aml-glossary-of-terms

Asset Confiscation