The Department assesses available options for preserving, restricting, and potentially recovering assets for their lawful owner.
How the Process Is Organised
- 1An urgent assessment of the movement of funds is conducted.
- 2The Department determines whether the assets have reached an address controlled by a custodial service provider.
- 3Evidence of ownership and source-of-funds documentation is prepared.
- 4Notifications are prepared for banks, cryptocurrency exchanges, and payment service providers.
- 5Where sufficient grounds exist, the materials are referred to a legal representative or competent authority.
- 6Responses from the relevant organisations and changes in the status of the assets are monitored.