To: Supervisory Authorities
"PANAMA PAPERS"
The Unit refers to the above matter and clarifies the following, in relation to the names of companies and natural persons, included in the above documents which have being published.
The obligation of Reference to the Unit, from persons having the obligation pursuant to the relevant Laws, concerns suspicious transactions for possible money laundering from illegal activities.
In this particular case, the supervised shall examine the activities of their clients, included in the said papers, and if and upon clarifying specific suspicious transactions, these shall be submitted to the Unit, according to the provisions of the above Laws.
The facts and only of inclusion of specific natural and legal persons in the said papers, is not automatically equal to suspicious activities for money laundering.
Please transmit this Directive to your supervised.
UNIT OF COMBATING MONEY LAUNDERING
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
