President Laurentino Cortizo sanctioned this Thursday Law 316 of August 18, 2022, which regulates situations of conflict of interest in the public service, an initiative that was promoted by the independent deputy Gabriel Silva.
The new law establishes a series of measures to prevent and regulate cases of conflict of interest in the various entities. And it is aimed mainly at ministers, deputy ministers, comptroller, ombudsman, diplomatic and consular chiefs, superintendents of banks, securities markets, insurance and reinsurance, and members of boards of directors that manage public funds.
Lawyer and specialist in Constitutional Law, Edwin Tejeira, pointed out that deputies, magistrates of the Supreme Court of Justice, judges, prosecutors, attorney of the Nation and Administration, the president and vice president of the Republic.
He added that each official mentioned above must make a sworn declaration of particular interests within a period of 30 days once he takes office. This statement must be updated within the first 10 days of each year, if you remain in office.
The National Authority for Transparency and Access to Information (Antai) will be in charge of this matter and will review the declarations of public servants.
