New offence of fraudulent accounting in force from 14 June 2015

11/06/2015

This article by Marco Grappa (Partner of PGS Consulenti) examines the new offence of fraudulent accounting (for listed and non-listed companies) involving wrongful inclusion or omission of material facts that would tend objectively to mislead others. These offences are classified as “crimes of danger” rather than “crimes of damage” since it is no longer necessary to demonstrate that loss or damage has actually been caused by such unlawful accounting methods.

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