EU Consolidates Freezing & Confiscation Orders

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The EU Council of Ministers have implemented rules advancing the shared acknowledgment of cross-border asset freezing and confiscation orders. The Directive expresses any judicial decisions regarding criminal matters made in one EU state will be automatically recognised and upheld by another Member State, with few exclusion causes for standing with a united front.

It will become effective two years after an announcement in the Official EU Journal, preceding framework decisions on mutual recognition of freezing and confiscation orders in 2003 and 2006.