Legal period to close offshore accounts comes to end
Law on Regulation and Prevention of Conflicts of Interest for Public Service was amended on 13 April 2017 adding an article which prohibits public officers who file their income or property declaration under the Anti-Corruption Law and their affiliates from holding bank accounts, owning movable or immovable property, or establishing legal entities by contributing as a shareholder in the countries and territories designated as offshore financial territories during the tenure.
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