The Complex Business of Asset Tracing

Few investigative tasks are more complex than tracing assets. Such work is difficult even when limited to one country, for example, the United States or Germany. But most asset tracing now requires a careful analysis of money flows across international borders and often through jurisdictions with very tight banking secrecy rules. Criminals, individuals, governments and companies intent on hiding assets have become expert in using jurisdictions such as the Cayman Islands, Anguilla, the British Virgin Islands, the Channel Islands, Luxembourg, Liechtenstein and even the Vatican Bank.