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“Prosecuting Serious Economic Crimes as International Crimes – A New Mandate for the ICC?

Although the ICC does not have jurisdiction over crimes of corruption or money laundering, efforts undertaken by both the ICC and States parties in this regard are paramount in the fight against impunity for the crimes covered by the Rome Statute. The perpetrators of crimes under the Rome Statute are often themselves involved in financial crimes (source for them either of profit or funding) or maintain links with financial crime perpetrators. As a result, the location, freezing, seizure and recovery of assets stolen or linked either to the commission of international crimes or to persons accused of such crimes are receiving increasing attention, not only from the ICC, but also from the entire international community. The lecure gave examples how the Court could address serious economic crimes without cahning its ratione materia jurisdiction.

ICC, mandate, prosecuting serious economic crimes, examples, proposals

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