The Law introduces amendments to criminal legislation regarding the liability of legal entities for corruption offenses in international relations. The main purpose is to strengthen the fight against bribery of foreign officials in international business operations. Amendments have been made to the Criminal Code of Ukraine and the Criminal Procedure Code of Ukraine. The Law expands the list of grounds for applying criminal law measures against legal entities, clarifies investigation procedures and bringing to responsibility for corruption offenses of an international nature. Key innovations include: expanding the list of persons for whose actions a legal entity may be held liable; clarifying the concept of ‘foreign official’; establishing clear criteria for determining the amount of fines for legal entities; introducing special investigation procedures for cases of bribery of foreign officials.
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