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 General Directorate of the Treasury and Financial Policy, of the Ministerio de Economía, Comercio y Empresa.
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 13
E-mail: SecretariaICMC@economia.gob.es