On 27 January, Control Risk published an article saying that Germany’s proposed Association Sanctions Act may force companies to investigate themselves. The Federal Ministry of Justice published a first draft of the “Association Sanctions Act” in August 2019. The article says that, if implemented in its current form, associations headquartered in Germany – including corporations and enterprises – will, for the first time, be subject to criminal prosecution as legal persons – finally bringing German law into line with US and British counterparts in accepting that it is not just individuals, but also the culture and larger structural failings of a company that can produce malfeasance.
https://www.controlrisks.com/our-thinking/insights/upping-the-ante-on-fighting-fraud
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