Draft law on company's penal liability

Draft law on company's penal liability

Draft law on company's penal liability

The regulation is at the stage of being drafted by the Ministry of Justice. A prosecutor's finding that a crime has been committed in a company is to be sufficient to instigate proceedings against such an allegedly dishonest company. There will no longer be a requirement of a prior binding conviction of such company’s representative who had violated the law. Until now, criminal liability cannot be sought against an entity operating in the form of a company unless the court convicts e.g. the company’ president, board members or other representatives beforehand. The issue of penal liability of a particular person and a company will, in principle, be settled within the same proceedings.