People in Power – APIS Information System on political and public figures
“People in Power” is an APIS Information Product containing data for:
- politically exposed persons in the Republic of Bulgaria – within the meaning of Article 36, paragraph 2 of the Measures against Money Laundering Act (MAMLA);
- public office holders – within the meaning of Article 5, paragraph 1 of the Combating Corruption Among Public Office Holders Act (CCAPOHA);
- “affiliates” – persons affiliated with the above two categories of persons, with the information about the connection being extracted from the declarations published by the Anti-Corruption Commission and from the data on the beneficial owners in the Commercial Register.
The information in the product is organised by categories of positions, in accordance with the Measures against Money Laundering Act and the Combating Corruption Among Public Office Holders Act, institutions and position held.
The system provides functionality for searching by persons’ names or their identification data: PIN for natural persons or UIC/BULSTAT for legal persons – in order to check for participation by persons falling within the scope of one or both Acts.
The information in the product is based on the following sources:
- Data from the annual declarations of persons holding public office;
- State Gazette – decrees, decisions and other acts concerning any appointments and/or dismissals;
- Commercial Register and BULSTAT Register;
- Register of political parties;
- Administrative Register for District Mayors and Deputy Mayors.
The result from the fact check on a natural person is provided in a Personal File, containing basic data – current status and chronology of the positions held by the person.
The result from the fact check on a legal person by company UIC is provided in a Company File, containing:
- Participation by politically exposed or public persons – checking for ownership and/or management participation by politically exposed or public persons via automated search in the APIS Register+ Information System;
- Affiliates – checking for ownership and/or management participation by persons affiliated with politically exposed or public persons on the basis of data from the declarations under the Combating Corruption Among Public Office Holders Act and the Commercial Register;
- Beneficial owners:
- The beneficial owners entered in the Commercial Register;
- Data on the beneficial owners with at least 25% equity interest, where there is no entry in the Commercial Register.
People in Power API
The product functionality has been developed using an API (Application Programming Interface) for integration of the APIS People in Power data with the user systems.