As financial transactions grow more sophisticated, tracing illicit funds requires both advanced analytical capacity and cross-border cooperation. This panel explores new tracing methodologies, including the use of fintech analytics and AI-driven detection, as well as the legal constraints that complicate the seizure and recovery of hidden assets. Discussion will address how differing judicial systems, confidentiality barriers, and sovereign immunity create friction in international recovery efforts. The panel will also review global efforts to uncover hidden ownership, the role of institutions in due diligence, and the effectiveness of transparency initiatives against money laundering and corruption.