Administrative liability of the company: new offences in Legislative Decree 231/2001
| Insights
Law Decree 124/2019, approved on 24th December 2019, introduces new types of tax offences in the Legislative Decree 231/01 in order to provide greater protection of the public finance through the repression of illegal tax practices and to protect companies from non-compliant conduct committed by top management/subordinate individuals.
The existent compliance programs did already include procedures aimed at reducing the risk of committing such crimes, however, the actions integrating the new criminal offences got relevance when instrumental to other crimes such as, for example, illicit capital transactions, money laundering and corruption.
That’s the reason why the introduction of the new compliance standard will now oblige all companies to adopt up-to-date organizational models.