A special recording procedure for certain securities will be in effect until the end of 2025
Learn more
Garant – Free Online Demo
Legal information system for your company.
Simply click on the button «Start working» and the system Legislation of Russia in English will be available for unlimited time.
News
25.12.2024
CRIMINAL LIABILITY FOR ANTICOMPETITIVE AGREEMENTS, INCLUDING AT AUCTIONS, HAS BEEN ADJUSTED
The creation of cartels activities of which have led to an increase, decrease or maintenance of prices at auctions held on a mandatory basis and are accompanied by causing major damage or obtaining income on a large scale will be classified as a separate offence.
The new offence will be subject to a rule that provides for the possibility of exemption from criminal liability if the crime is committed for the first time, an accused person has compensated for the damage caused and paid double compensation to the budget. The person that was the first of the accomplices to voluntarily report the crime, contributed to its disclosure and made amends for the damage caused will also be able to count on exemption from criminal liability.
Contact Us
Leave us a message