Corporate Criminal Liability In Argentina: A Short Term To Establish A Proper Compliance Program

Law Nº 27,401, establishing a specific regime on corporate criminal liability in Argentina, was published in the Official Gazette on 1 December 2017, and will become effective on 1 March 2018.

Criminal offenses

Under Articles Nº 1 and 2 of the Law Nº 27,401, private legal entities¹ may be held accountable when either with their direct or indirect involvement, or on their behalf, interest or benefit, one of the following criminal offenses legislated by the Criminal Code of the Nation is committed:

• Local and international bribery, and influence peddling (Articles Nº 258 and 258 bis of the Criminal Code of the Nation);
• Negotiations incompatible with public office (Article Nº 265 of the Criminal Code of the Nation);