Business protection from criminal responsibility

Jul, 24 2019

Draft law aimed at protection of entrepreneurs and senior executives against baseless criminal prosecution has been introduced to the Russian Parliament.

Nowadays, there is a negative practice among Russian courts which recognize entrepreneurs or heads of companies as criminal community when one of them commits economic crime. The problem is that in fact they do not form criminal community, they are united only by membership in one company. The fact that they are recognized as criminal community considerably increases their punishment.

Therefore, the draft law proposes to abolish possibility of participation of criminal community in committing economic crimes such as fraud, illegal enterprise, money laundering, fictitious bankruptcy etc.

Draft law aims to minimize risks of doing business in Russia and to form conductive business environment.   

Valentina Khlavich
Valentina Khlavich
Managing Partner