The article "Historic analogs of civil confiscation of unexplained wealth – the case of Bulgaria" is published in Journal of Financial Crime.
Using Bulgarian legislation on civil confiscation and analyzing the nature of the substantive authority to confiscate unexplained wealth, as well as evaluating research in common and continental law, this paper aims to seek historic parallels for non-punitive civil confiscation of unexplained wealth. The design of this paper is centered on determining whether the substantive authority of the state to confiscate unexplained wealth has a Roman law equivalent. Conducting a review of key elements of the substantive authority for the action in Bulgaria, the research examines the validity of the hypothesis that the right to confiscate has a Roman law equivalent. This article sheds light on the theoretical basis for civil asset confiscation of unexplained wealth in one continental law jurisdiction, thus contributing to the on-going debate on the compatibility of civil confiscation of unexplained wealth with the continental law tradition.
Kolarov, T. (2020). Historic analogs of civil confiscation of unexplained wealth – the case of Bulgaria. Journal of Financial Crime, 27 (2), 561-571. https://doi.org/10.1108/JFC-08-2019-0108