Project Organised Crime Portfolio (OCP) (HOME/2011/ISEC/AG/FINEC/400000222) aims to study the investments of organised crime (OC) in European Union Member States (EU MS), analyse the infiltration of OC groups and assess the impact on legitimate markets.
In particular, the project has two objectives:
This project will:
This project addresses the problem of data availability within the EU MS databases. There are few data on confiscated assets (e.g. real estate, bank accounts, companies etc), Suspicious Transaction Reports, money laundering and infiltrations in public procurements. According with EU FIU, ARO and LEA, the improvement of the base of data and information and the enhancement of investigative abilities in the confiscation of proceeds of crime and recovery criminal assets is necessary.In addition, the EU MS included in this study do not always use the same standardization of data or level of detail and therefore the collection of comparable data may be difficult. For this reason, the integration and harmonization of data is crucial to improve the prevention strategies of law enforcement and existing policies, the exchange of information and operational cooperation, both at the national and international level.
The fight against money laundering and the confiscation of criminal assets are among the priorities of the Stockholm Programme of the Council of the EU. Understanding the magnitude of the financial resources available to OC is crucial to address these priorities and to prevent infiltration within the EU.
However, there are only few studies on the flow of income generated by crime and on how it is invested in legitimate assets and the impact on local, national and international economies.
Most of them are carried out at national level. Transcrime produced a study in 2013 on the investments of OC in Italy (www.investimentioc.it), but it is necessary to widen the analysis to other EU MS and to the EU as a whole. Project OCP is the first study with this aim. It provides the first measures of OC investments in Europe and it serves to improve both:
Project OCP gathers information from the databases of different EU countries and develops statistical, economic and financial analyses, forensic accounting studies, spatial analysis and qualitative analysis.
The activities of the OCP project aim to:
Furthermore, the activities provide:
Project OCP provides crucial information to a number of intermediaries and other categories of stakeholders, including:
Moreover, the integration of data from different sources facilitates the acquisition and exchange of information for asset tracing purposes (requested by Council Decision 2007/845/JHA). The network sets up by the project promotes cooperation and mutual understanding among EU LEA, ARO, FIU aimed at overcoming legal, technical and operational problems regarding data exchange (Stockholm Programme 2010-2014 and Framework Decision 2006/960/JHA).Finally, the knowledge produced by Project OCP is useful to private stakeholders in the improvement of security and sustainability of transnational investments within the EU.