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<p>The asset recovery incentivisation scheme aims to drive up activity on tackling criminal finances. 50% of recovered criminal assets are returned to the frontline bodies involved, and the other 50% is retained by the Home Office.</p><p>The money returned to front line bodies is not ring-fenced but should be used to increase asset recovery performance and/or be used for crime reduction for the benefit of the community.</p><p>The 50% retained by the Home Office is used to fund front line activity and crime fighting, including in Wales.</p><p>We are aware that across the UK, 94% of the assets recovered is used by frontline bodies to reinvest in financial investigation and asset recovery work, 4% is used in crime reduction and 2% is used in community projects. It is not possible to identify precise proportions of spending on projects in Wales.</p> |