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Tracking illicit money flows

Objective

With the rise and spread of ICT-enabled crimes and illicit financial flows (IFFs), law enforcement agencies (LEAs) and financial intelligence units (FIUs) need innovative policing tools in the virtual sphere as well as skills, organisational and regulatory adaptations to counter these threats. TRACE will focus on input (forming initial suspicion), processing (substantiating suspicion, collecting evidence, locating suspects and their assets) and output (producing court proof / admissible e-evidence) to develop ICT-enabled solutions to identify, track and document IFFs, to pave the way for recovering the proceeds of crime and to disrupt the IFFs. TRACE will apply its solutions in use cases on terrorist financing, web forensics, cyber extortion, use of cryptocurrencies in property market transactions, money laundering in arts and antiquities, and online gambling, all of which have been developed in consultation with LEAs. TRACE will make recommendations on harmonisation of information formats in suspicious activity reports. Heretofore the differences and fragmented use of e-evidence in criminal justice processes have hindered cross-border investigations, prosecutions and convictions and recovery of assets. TRACE will create an open source platform for LEAs and for advancements in technology-based solutions in policing. With stakeholder engagement from the outset, the TRACE partners will co-develop advanced investigation tools and test and validate their efficacy in detecting IFFs. TRACE will also create a working group of partner LEAs and Stakeholder Board LEAs to discuss good practices in information sharing among EU LEAs. The project will create a Stakeholder Board of about 20 key stakeholders and an Ethics Advisory Board comprising four external ethics experts and two partners. TRACE has a multidisciplinary consortium comprising LEAs, AI technology companies, academia, research institutes and NGOs with track records of delivering cutting edge EU projects.

Call for proposal

H2020-SU-SEC-2020
See other projects for this call

Funding Scheme

RIA - Research and Innovation action

Coordinator

COVENTRY UNIVERSITY
Address
Priory Street
CV1 5FB Coventry
United Kingdom
Activity type
Higher or Secondary Education Establishments
EU contribution
€ 963 875

Participants (16)

TRILATERAL RESEARCH LTD
United Kingdom
EU contribution
€ 612 750
Address
One Knightsbridge Green Office 5.12, 5Th Floor
SW1X 7QA London
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
AIT AUSTRIAN INSTITUTE OF TECHNOLOGY GMBH
Austria
EU contribution
€ 765 832,50
Address
Giefinggasse 4
1210 Wien
Activity type
Research Organisations
GOBIERNO VASCO - DEPARTAMENTO SEGURIDAD
Spain
EU contribution
€ 99 375
Address
Calle Donostia-san Sebastian, 1
01010 Vitoria-gasteiz
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
UNIVERSIDADE NOVA DE LISBOA
Portugal
EU contribution
€ 307 625
Address
Campus De Campolide
1099 085 Lisboa
Activity type
Higher or Secondary Education Establishments
ASTON UNIVERSITY
United Kingdom
EU contribution
€ 380 000
Address
Aston Triangle
B4 7ET Birmingham
Activity type
Higher or Secondary Education Establishments
TAX JUSTICE NETWORK LIMITED
United Kingdom
EU contribution
€ 751 250
Address
38 Stanley Avenue
HP5 2JG Chesham Buckinghamshire
Activity type
Other
CIN CONSULT UNTERNEHMENSBERATUNGS GMBH
Austria
EU contribution
€ 509 625
Address
Beatrixgasse 30
1030 Wien
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
PROFLOW GMBH
Austria
EU contribution
€ 414 000
Address
Ghegagasse 4
2620 Neunkirchen
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
PRIVANOVA SAS
France
EU contribution
€ 298 750
Address
34 Avenue Des Champs-elysées
75008 Paris
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
HOCHSCHULE FUR DEN OFFENTLICHEN DIENST IN BAYERN
Germany
EU contribution
€ 362 125
Address
Wagmullerstrasse 20
80539 Munchen
Activity type
Higher or Secondary Education Establishments
VIENNA CENTRE FOR SOCIETAL SECURITY - VICESSE, WIENER ZENTRUM FUR SOZIALWISSENSCHAFTLICHE SICHERHEITSFORSCHUNG
Austria
EU contribution
€ 280 937,50
Address
Paulanergasse 4/8
1040 Vienna
Activity type
Research Organisations
POLICEJNI PREZIDIUM CESKE REPUBLIKY
Czechia
EU contribution
€ 161 250
Address
Strojnicka 935/27
17089 Praha 7
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
FINOPZ LTD
United Kingdom
EU contribution
€ 301 250
Address
Palladium House, 1-4 Argyll Street
W1F 7LD London
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
MAKSU- JA TOLLIAMETI
Estonia
EU contribution
€ 120 500
Address
Lootsa 8A
11415 Tallin
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
SYSTRAN SA
France
EU contribution
€ 313 750
Address
Rue Feydeau 5
75002 Paris
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
EXPERT SYSTEM IBERIA SL
Spain
EU contribution
€ 337 187,50
Address
Avenida Alcalde Barrils 64-68 Bloque C
08174 Sant Cugat Del Valles
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)