EU directive criminalising sanctions violations: future obligations for economic operators
On April 29, 2024, Directive (EU) 2024/1226 of the European Parliament and of the Council on the definition of criminal offenses and penalties for the violation of Union restrictive measures and amending Directive (EU) 2018/1673 was published in the Official Journal of the European Union.
The Directive will enter into force on May 19, 2024. From then on, Member States will have one year to implement it, harmonizing their legal systems with the new provisions contained within the Directive.
Penalties for companies
Article 6 of the Directive regulates the liability of companies as legal persons. Member States, in fact, will provide for the introduction within their legal system of a form of crime applicable to companies that commit the offenses referred to in Articles 3 and 4 of the Directive. In Italy, such criminal conduct will be integrated within Legislative Decree 231/2001 on administrative liability for crime.
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