The Ministry of Justice has proposed to 39;exclude three economic articles from the Criminal Code of Russia.
The Ministry of Justice of the Russian Federation by a new bill has proposed to exempt companies from criminal liability for entrepreneurship without registration. The bill is still in the process of being approved by the executive authorities.
From now on, all entrepreneurs caught for this offense will be held liable under Article 14.1 of the Code of Administrative Offenses with a fine of up to 200,000 rubles with confiscation of products.
A suspension of activities for up to 90 days is also possible. Previously, the penalty was provided in the form of a fine of up to 300,000 rubles and arrest for up to six months. In case of action as part of an organized criminal group, the penalty was five years in prison.
It is also proposed to exclude from criminal offenses the recording of illegal real estate transactions, deliberate misrepresentation of survey data, and other things, evasion of disclosure or provision of securities information.
The authors proposed to recognize these articles as obsolete, and the changes aim to liberalize criminal law on economic crimes in order to minimize unreasonable criminal prosecution and improve the business climate.
In addition, the Ministry of Justice in the bill proposed to increase the maximum amount of damages from 12 to 18 million rubles to bring criminal liability for qualification ” especially large size”.
Earlier, Topnews wrote that the Ministry of Justice recognized Bykov, Albats and Aleshkovsky as foreign agents.