LIBE Committee endorses "informal" Parliament-Council agreement on freezing and confiscation of proceeds of crime

The Civil Liberties, Justice and Home Affairs (LIBE) Committee of the European Parliament has approved a compromise text of the Directive on the freezing and confiscation of proceeds of crime in the European Union, in a vote that endorses "an informal Parliament/Council deal struck on 27 November". The approved text is due to be voted on by a plenary session of the Parliament at the end of February 2014.

The Directive aims to set "minimum rules" for the "detection, freezing and confiscation of the instrumentalities and proceeds of crime", because "the amounts recovered from criminal proceeds in the Union seem insufficiently low compared to the estimated proceeds of crime".


"The adoption of minimum rules will approximate the Member States' freezing and confiscation regimes, thus facilitating mutual trust and effective cross-border cooperation."

At the same time reaching "informal" agreement on the text, the Parliament and Council reached provisional agreement on a declaration calling on the European Commission to:

"[A]nalyse, at the earliest possible opportunity… the feasibility and possible benefits of introducing further rules on the confiscation of property deriving from activities of a criminal nature, also in the absence of a conviction of a specific person or persons for these activities."

Documents (pdfs)

The Statewatch database contains numerous documents outlining the position of the Council and Parliament during negotiations on the Directive.

Search our database for more articles and information or subscribe to our mailing list for regular updates from Statewatch News Online.

Support our work by making a one-off or regular donation to help us continue to monitor the state and civil liberties in Europe.

We welcome contributions to News Online and comments on this website. E-mail us, call +44 (0) 207 697 4266, or send post to PO Box 1516, London, N16 0EW.

Home | News Online | Journal | Observatories | Analyses | Database | SEMDOC | About Statewatch

© Statewatch ISSN 1756-851X. Personal usage as private individuals/"fair dealing" is allowed. We also welcome links to material on our site. Usage by those working for organisations is allowed only if the organisation holds an appropriate licence from the relevant reprographic rights organisation (eg: Copyright Licensing Agency in the UK) with such usage being subject to the terms and conditions of that licence and to local copyright law.