Criminal code amendments approved

MONTSAME

2017-05-12 12:28 GMT+8

The parliament approved amendments to the Criminal Code with the support of 76.9 per cent during today’s plenary session, The Government submitted the bill on December 23, 2016. The new Criminal Code has reduced a number of criminal sanctions and sentencing provisions to 30, while it was over 80.

The Code has new regulations, including to charge not only to officials who breached legislation with accountability, but also that entity or owners or investors, who forced to breach law by assigning duties for crimes, such as terrorism, corruption, environmental destruction or pollution, anti-economic safety, money laundering and anti-property. In other words, entity and individual both can be charged with duplicated legal responsibility.

According to previous version of the Criminal Code, for example, when CEO breaches law, realizing his/her owner’s or BoD’s decision, the CEO used to be charged legal responsibility.

The new law will come into force on July 01 of this year.

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