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CIRCULAR 1/2016 ISSUED BY THE PUBLIC PROSECUTOR’S OFFICE (II)

On acts benefitting the company The redrafting of the Spanish Criminal Code establishes that legal entities shall be criminally responsible when offences are committed in their direct or indirect benefit. Hence an objective criterion of benefit for companies exists, which according to Circular 1/2016 issued by the Public Prosecutor’s Office (the “Circular”) includes those benefits obtained of a strategic, intangible…