Declarations of assets of certain public exposed persons and designated officials of the Republic of Cyprus, on the basis of the legislation on ‘Offshore Estate’

Description

Publication of asset declarations/officers of Certain Public Exposed Persons and Certain Officials of the Republic of Cyprus, in accordance with the 2004 Law on the President, Ministers and Members of the Republic of Cyprus (Declaration and Control of Assets) (49(I)/2004). On the basis of the recent Decision/Opinion of the Supreme Court of 27 May 2017, all the above officials are required to declare the assets of both themselves and their spouses and minor children. In implementation of the above, the Special Parliamentary Committee on Pothes, set up under this Law, chaired by the President of Parliament and involving two full members and two alternate members, decided to invite the above officials to reconfigure the relevant declaration including the spouses’ assets, in accordance with the above and to proceed with the publication on the Parliament’s website of only the part relating to officials. This declaration shall be submitted by the officials: three months after taking office, (b) three months after the resignation or loss of office, and (c) three years after taking office.

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