The Austrian Law on the Responsibility of Associations: New tendency to prosecution authorities to t
Schoenherr (Schönherr Rechtsanwälte) | View firm profile
The
Austrian Law on the Responsibility of Associations (Verbandsverantwortlichkeitsgesetz,
"VbVG")
came into effect in 2006, stipulating that a company can be held criminally
liable for certain criminal acts committed by its employees and
decision-makers. According to new tendencies of prosecution authorities, the
practical scope of the VbVG could expand in the future. read more…