BRIDGETOWN, Barbados, CMC – Barbados has signed an asset sharing agreement (ASA) with the United Kingdom, which it says bolsters international cooperation between the two countries on asset forfeiture from criminals to deprive them of the profits of their crimes.
The agreement provides that where one country has helped the other facilitate a forfeiture or confiscation of assets in criminal or civil proceedings, such investments may be shared between the countries.
“The signing of the agreement is the culmination of years of hard work and cooperation and illustrates how countries can come together to agree upon good practices and approaches for the return of proceeds of assets and their use to advance development and benefit citizens,” said Attorney General Dale Marshall.
British High Commissioner to Barbados and the Eastern Caribbean, Scott Furssedonn-Wood, who signed the agreement at a brief ceremony with Marshall, said: “I am delighted to sign this historic agreement which recognizes the longstanding cooperation between the United Kingdom and Barbados in the field of mutual legal assistance and can be expected to serve as a useful tool for asset recovery and sharing in the future.”
and then  with the United Kingdom, which it says bolsters international){kind=link}