In a significant move aimed at bolstering transparency and combating corruption, the government has begun collecting asset and liability declarations from all public servants across the island. This initiative is being implemented by the Anti-Corruption Act No. 9 of 2003.
Under this new framework, public servants are now mandated to submit detailed information not only about their assets and liabilities but also those of their spouses and children. This means that declarations must include comprehensive data on property and bank accounts belonging to government employees, their spouses, and their children.
Furthermore, the new regulations require the declaration of assets and liabilities of all dependents of government employees, regardless of age. Authorities have also emphasized that the annual declaration must include asset and liability information for any other individuals who are dependent on a public servant or reside with them in their home (excluding those on a rental basis).
