"NAVIGATING BRAZIL'S LEGAL LANDSCAPE FOR ASSET FREEZING AND RECOVERY"

Abstract

The effective combat of organized crime requires more than individual efforts—it demands empowered institutions and agile, human rights-respecting instruments. This paper emphasizes the necessity of multifaceted institutional approaches to confront well-equipped criminal organizations that pose a grave threat to society. One such potent strategy, which minimizes risks to human lives, involves blocking and recovering the illicitly obtained assets of these criminal entities. Disrupting the financial capacity of these organizations significantly enhances the state's ability to eliminate these criminal networks. Simultaneously, this strategy opens the door for the state to recover the vast sums of money improperly extracted from the national economy. To achieve these objectives, international cooperation, collaborative efforts among various regulatory bodies, and strict control measures against illegal international asset transfers, particularly in tax havens, are crucial. This paper examines Brazilian legislation related to asset freezing and recovery while conducting a brief analysis of its strengths and weaknesses in these domains