Article snapshot taken from Wikipedia with creative commons attribution-sharealike license.
Give it a read and then ask your questions in the chat.
We can research this topic together.
The European (EU) Union Asset Recovery Offices (ARO) are national central contact points that facilitate EU-wide tracing of assets derived from crime.
Council Decision 2007/845/JHA (“The Decision”) obliges Member States to set up or designate such offices. It requests AROs to exchange information under the conditions laid down in Framework Decision 2006/960/JHA (“the Swedish Initiative”) and in compliance with the applicable data protection provisions.
The Decision is also intended to support the CARIN (Camden Assets Recovery Interagency Network), a global network aimed at enhancing mutual knowledge about methods and techniques for cross-border identification, freezing, seizure and confiscation of illicitly acquired assets.
Member States are required to ensure that AROs cooperate with each other and help facilitating the tracing and identification of proceeds of crime and other crime related assets by exchanging information and best practices, both upon request and spontaneously. The exchange of information and best practices between AROs should take place regardless of their status (administrative, law enforcement or judicial authority). The purpose of AROs is to remove the financial gain from crime.
List of Member AROs
Austria - Bundesministerium für Inneres - Bundeskriminalamt
Belgium - Central Office for Seizure and Confiscation (COSC)
Bulgaria - Commission for Anti-Corruption and Illegal Assets Forfeiture (CACIAF)
Spain Punto Nacional de Contacto para el intercambio de inteligencia e información en materia Localizacion y Recuperación de Activos (ORA) del Ministerio del Interior. Oficina de Recuperacion de Activos (CITCO-ORA)