A proposal for amending the Law on Banking was introduced by a fast-track procedure in Parliament, which should allow members of the State Commission for Preventing Corruption to have insight into the bank accounts of transnational and legal entities in ongoing cases.
The bill envisages the synchronization of the provisions of the Law on the Prevention of Corruption and Conflict of Interest with the provision of the Banking Law in the area of bank secrecy, ie to enable the State Commission for the Prevention of Corruption to access data that is in accordance to the bank secrecy laws.
“The proposed amendment to the Banking Law is aimed at enabling the State Commission for the Prevention of Corruption to have access to data held by the banks, for the purpose of conducting cases within its jurisdiction and monitoring the inflow of funds or other payments through a bank for a political party or a candidate for elections”, reads the explanation of the bill.
