Voting on the “where you belong” framework within May is sought by the Department of Institutions – It held an extraordinary meeting today on the subject
With the aim of passing the proposed law to streamline the framework for “pothen esshes within May >” the Parliamentary Committee Institutions held an extraordinary meeting today, which examined, among other things, the time frame for the submission of a Statement of Assets by officials and publicly exposed persons. The Commissioner of Taxation, Sotiris Markidis, as well as representatives of the Association of Certified Accountants of Cyprus (SELK) were invited to attend the meeting. Dimitriou, quoted that the Commission was raised with the question of whether the assets and liabilities of the Statement of Assets that are to be made public should be checked before the publication proceeds, in order to avoid mistakes. He expressed the opinion that this is unnecessary, adding that the data submitted will be checked by an independent certified accountant.
For his part, the Tax Commissionerhe noted that a thorough check on the data submitted by dozens of people would inevitably cause a delay and that only a superficial check, for example on the sum, could be done relatively quickly.
As mentioned in the article discussion of today's Committee meeting, if mistakes or oversights are found after the Superintendent's review, the situation will return to the Special Committee and an investigation will begin.
The Superintendent pointed out that the text of the law would be good not to provides for the consent of the person subject to control for the lifting of his bank secrecy, when there is a need to investigate the information he has submitted.
According to what was discussed in the Committee, the submission of a statement “to whom you relate” by officials and publicly exposed persons should be done within four months from the moment of appointment, while within 15 days after submission, it will be sent to the Tax Commissioner.
The information will be made public 30 days after the deadline. submission.
It was also mentioned that the statement will remain posted as long as one holds the office and for one year after its termination.
