ArmInfo.When conducting investigative measures for corruption offenses, Armenian commercial banks will have to disclose banking secrets. The parliament at the meeting on January 22 in the second and final reading amended the Code of Criminal Procedure and the Law on Bank Secrecy.
As RA Minister of Justice Rustam Badasyan noted in his speech, Armenia is one of the few countries in the world in which banks have the right to disclose information on bank deposits of a person who has only suspect status, which caused criticism from international structures. Now it is envisaged to expand the list of persons whose bank deposits are subject to disclosure. In particular, it is planned to ensure the availability of bank data during investigative measures against persons suspected of corruption. Moreover, the data should be available not only in relation to the suspected person, but also members of his family and related persons. But ensuring this accessibility can only be achieved if there are significant arguments. The final decision on the disclosure of bank secrets of a particular person is made by the court on the basis of the petition of the investigator and the prosecutor in charge of the case. In this case, there must be the consent of the Attorney General or his deputy. According to the minister, the package not only ensures the independence of the banking system, but also raises it to a qualitatively new level.
The proposal of the executive body also proceeds from Armenia's international obligations, including the methodology for the 3rd and 4th round of monitoring of the Istanbul anti-corruption action plan and MONEYVAL proposals.
Recall that the EU and the Council of Europe have joined forces to fight corruption in Armenia. September 24 this year EU Ambassador to Armenia Andrea Victorin launched the project "Strengthening Institutional Capacity to Fight and Prevent Corruption in Armenia", which is one of the six projects implemented in the second phase of the EU / CE Partnership for Good Governance program. Ambassador Victorin confirmed that for the EU the fight against corruption has always been at the center of its agenda in Armenia, and the EU is ready to continue to support Armenia's firm stance on corruption.