DG can increase the Statute of limitations for economic crimes

DG can increase the Statute of limitations for economic crimes


The bill proposes to increase the period of bringing to administrative responsibility for violation of currency legislation with one to two years.

MOSCOW, 6 Nov. The government of the Russian Federation at session on Thursday has made decision to introduce in the state Duma the bill increasing the limitation period of bringing to administrative responsibility for economic crimes, according to the website of the Cabinet on Friday.

The bill proposes to increase the period of bringing to administrative responsibility for violation of currency legislation with one to two years that will improve the quality and enhance the objectivity of such cases. The Commission of the government of the Russian Federation considered and approved the bill on September 28.

“To approve the draft Federal law “On amendments to article 4.5 of the Code of the Russian Federation about administrative offences (extension of the period of limitation for bringing to administrative responsibility for violation of currency legislation of the Russian Federation and acts of currency regulation bodies)” and submit it to the State Duma under established procedure”, — stated on the website of the Cabinet.