News and developments

The Austrian Law on the Responsibility of Associations: New tendency to prosecution authorities to t

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...