Persons who are investigated for money laundering and terrorism financing and those who were placed on international sanctions lists in the past five years will not be able to make investments in areas of importance for state security. This is provided in a draft law that was given a final reading by Parliament, IPN reports.

According to the bill, people who are under criminal investigation for committing a serious, particularly serious or exceptionally serious crime will be unable to make investments.

Likewise, the list of documents and information submitted by the investor regarding the expected size of the investment was revised. Individuals who intend to invest in sectors of importance for state security will be obliged to submit income statements for the last three years in the country where they have their fiscal residency.

For the second reading, the document was completed with provisions referring to the obligation of investors to submit information about their experience on the market and professional reputation to the Council for the promotion of investment projects of national importance.

Among the expected results of the law are the reduction of the number of transactions that require prior approval and of transactions that could negatively affect the security of the state.