Commission Secretariat

 

The Secretariat of the Commission is an administrative body supporting the Commission and its dependent Committees (article 45 of Act 10/2010, of 28 April).

The Commission Secretariat is held by the Sub-Directorate General of Inspection and Control of Capital Movements under the Secretariat General of the Treasury and Financial Policy, of the Ministry of Economy and Competitiveness.

The Secretariat of the Commission shall perform the following functions (article 66 of the Royal Decree 304/2014, of 5 May) 

 

  • Ensure the obliged persons compliance with the prevention of money laundering and terrorist financing measures, as well as with the requirements of the Standing Committee.
  • Agreeing on the performance of preliminary proceedings prior to the initiation of disciplinary proceedings related to the commission of offenses listed under Act 10/2010, of 28 April.
  • Proposing to the Standing Committee the initiation or dismissal of disciplinary proceedings related to the commission of offenses under Act 10/2010, of 28 April, with the exception of disciplinary proceedings for infringement of obligation to report movements of means of payment.
  • Initiating and dismissing disciplinary proceedings for infringement of the obligation to report movements of means of payment provided for in Article 34 of Act 10/2010 of 28 April.
  • Instructing disciplinary proceedings for offenses under Act 10/2010 of 28 April.
  • Submitting to the Standing Committee of the Commission a proposed decision in disciplinary proceedings for serious and very serious offenses under Act 10/2010, of 28 April, with the exception of those relating to breach of the obligation to declare movements of payment means.
  • Submitting to the Secretary General of the Treasury and Financial Policy a proposed decision in disciplinary proceedings for minor offenses under Act 10/2010, of 28 April, and for breach of the obligation to declare movements of payment means provided for in Article 34 of Act 10/2010 of 28 April.
  • Coordinating the Spanish participation in international forums against money laundering and terrorist financing.
  • Developing draft legislation on the prevention of money laundering and terrorist financing.
  • The Secretariat of the Commission shall also exercise the powers conferred with regard to international economic transactions and international financial sanctions, and may implement appropriate inspection measures.

 

Address:             Paseo del Prado, 6, Madrid – 28014

Telephone:              91 209 95 12

E-mail:                    SecretariaICMC@tesoro.mineco.es