kulawrKutafin Law ReviewKutafin Law Review2713-05252713-0533MSAL10.17803/2713-0533.2023.4.26.817-846kulawr-228Research ArticleCRIMINAL LAW AND ENFORCEMENT PRACTICESThe Practical Experience of Financial Investigations in the Republic of Kazakhstan: Problems of Searching and Returning Assets from Abroadhttps://orcid.org/0000-0003-2275-7242SeitenovK. K.

Kaliolla K. Seitenov, Dr. Sci. (Law), Professor, First Vice-Rector 

ise.astana@yandex.kzhttps://orcid.org/0000-0002-0393-7769EfimovS. V.

Sergey V. Efimov, Cand. Sci. (Economics), Managing Partner

 16/5, bld. 1 Potapovsky Pereulok, Moscow 101000

efimov@fi.centerhttps://orcid.org/0000-0001-9047-9016ChernovP. L.

Pavel L. Chernov, Cand. Sci, (Economics), Managing Partner

16/5, bld. 1 Potapovsky Pereulok, Moscow 101000

chernov@fi.centerLaw Enforcement Academy under the Prosecutor General’s Office of the Republic of KazakhstanKazakhstanFinancial Investigations and Forensic Expertise (FI.Center)Russian FederationFinancial Investigations and Forensic Expertise, (FI.Center)Russian Federation202312012024104817846Copyright © Seitenov K.K., Efimov S.V., Chernov P.L., 20242024Seitenov K.K., Efimov S.V., Chernov P.L.Seitenov K.K., Efimov S.V., Chernov P.L.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://kulawr.msal.ru/jour/article/view/228

The article discusses the practical experience, prospects and vectors of development of financial investigations in Kazakhstan, the problems associated with the search and return of assets located abroad. The authors focus on the main obstacles faced by law enforcement agencies in the investigation of financial crimes, as well as existing mechanisms for the return of fraudulently acquired funds from abroad. The article highlights examples of successful and unsuccessful mechanisms for asset recovery, provides recommendations for improving the situation in this area.

financial investigationsRepublic of Kazakhstanasset searchasset recoveryforeign assetsasset recovery problemscross-border asset searchinternational cooperationanti-corruptionfinancial fraudmoney-launderingReferencesBrun, J-P., Sotiropoulou, A., Gray, L., Scott, C. and Stephenson Kevin M., (2011). Asset Recovery Handbook: A Guide for Practitioners. The International Bank for Reconstruction and Development: International Bank for Reconstruction and Development. The World Bank.Brun, J-P., Sotiropoulou, A., Gray, L., Scott, C. and Stephenson Kevin M., (2011). Asset Recovery Handbook: A Guide for Practitioners. The International Bank for Reconstruction and Development: International Bank for Reconstruction and Development. The World Bank.Brun, J-P. and Silver, M., (2020). Going for Broke: Insolvency Tools to Support Cross-Border Asset Recovery in Corruption Cases: International Bank for Reconstruction and Development. The World Bank.Brun, J-P. and Silver, M., (2020). Going for Broke: Insolvency Tools to Support Cross-Border Asset Recovery in Corruption Cases: International Bank for Reconstruction and Development. The World Bank.Duisenbekova, A., (2019). Trends in the development of the ¿ ght against the legalization (laundering) of proceeds from crime in the Republic of Kazakhstan. Science Time, 2(62), pp. 10–14. (In Russ.).Duisenbekova, A., (2019). Trends in the development of the ¿ ght against the legalization (laundering) of proceeds from crime in the Republic of Kazakhstan. Science Time, 2(62), pp. 10–14. (In Russ.).Izutina, S., (2018). Problems of combating the legalization of criminal proceeds: Experience and prospects. Economics. Law. Society, 4, pp. 69–75. (In Russ.).Izutina, S., (2018). Problems of combating the legalization of criminal proceeds: Experience and prospects. Economics. Law. Society, 4, pp. 69–75. (In Russ.).Nugmanov, R., (2019). Criminalization of money laundering in Republic Kazakhstan: Problems of strengthening law and order: science, practice, trends. Problemy ukrepleniya zakonnosti i pravoporyadka: Nauka, praktika, tendetsii, 12, pp. 170–178. (In Russ.).Nugmanov, R., (2019). Criminalization of money laundering in Republic Kazakhstan: Problems of strengthening law and order: science, practice, trends. Problemy ukrepleniya zakonnosti i pravoporyadka: Nauka, praktika, tendetsii, 12, pp. 170–178. (In Russ.).

The authors declare that there are no conflicts of interest present.