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New anti-bribery regime in Austria
As of 1 January 2013, a new anti-bribery regime will be effective in Austria. The amendments of the Austrian Criminal Penal Code (Strafgesetzbuch) basically broa-den and intensify the prosecution of corrupt behaviour and strengthen Austria's fight against bribery. The following summary outlines the the updated approach to com-batting bribery and bribery-related offences in the amended Korruptionsstra-frechtsänderungsgesetz 2012 (Federal Law Gazette No I 61/2012).
Austria Business Crime 2012
A practical cross-border insight into business crime
Published by Global Legal Group, in association with CDR, with contributions from: Schoenherr
Austria and CEE: Cybercrime: Victims watch out!
Being a victim of a cybercrime attack not only has a negative impact on the image of the hacked company but may also lead to damage claims against the company.
Impact of the UK Bribery Act for CEE Investors – Managing Local Advisors & Consultants
Last week the UK Government issued its Guidance on the application of the UK Bribery Act 2010, which will come into force on 1 July 2011.
An About Face in Austria: The Outlook for the Leniency Regime in Criminal Proceedings in 2011
The success of a new leniency regime, as provided for in the Austrian Criminal Code as of 1 January 2011, will depend on whether it gives the whistleblower sufficient incentives to present themselves to the public prosecutor, and whether the regulation offers a high level of predictability for those involved in the case. A number of objections have been raised against the draft version.
Case of the vanishing millions
ALTHOUGH you might expect to readthe following story in a detective novel, itis in fact an abridged version of a series ofevents that took place in Amsterdam in thespring of last year.