Print logo
Jump to main navigation Jump to content
  1. Hanns-Seidel-Foundation
  2. News
  3. Discussion and Open Forum on “Asset Confiscation” was held

Illicit Assets
Discussion and Open Forum on “Asset Confiscation” was held

On 17 June 2026, the Hanns Seidel Foundation, in cooperation with the Mongolian Bar Association, organized a discussion and open forum on the topic of “Asset Confiscation.”

The guest speaker at the event was Hildegard Bäumler-Hösl, Chief Public Prosecutor and Head of the Central Office for Combating Money Laundering and Asset Recovery (ZGV) of the State of Bavaria, Federal Republic of Germany. She delivered a comprehensive presentation on Germany’s legal framework, institutional arrangements, and practical implementation of measures to combat money laundering and to identify, freeze, and confiscate assets derived from criminal activities.

 

Drawing on her extensive experience in combating economic crime, corruption, and money laundering, she emphasized the crucial importance of inter-agency cooperation, information sharing, and international legal cooperation for the effective identification, freezing, and confiscation of illicit assets.

 

S. Amarmend, Legal Project Manager of the Hanns Seidel Foundation, moderated the discussion. Member of Parliament O. Altangerel participated as a discussant and shared his views on the current state of Mongolia’s legal framework on asset confiscation and opportunities for its further development.

 

The event provided an effective platform for professional exchange by introducing international best practices in asset identification and confiscation and fostering discussions on ways to further strengthen Mongolia’s legal framework in this area.