Italian Corporate Law Sanctions

Summary

Under Italian law, a company investigated solely for Article 2622 CC (false corporate communications) generally faces penalties under Article 25-ter of Legislative Decree 231/2001. Double punishment typically applies only if additional violations, such as market manipulation, are present.

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Under italian law if a company was investigated for only * CC , will if be punished soley by Article * Ter comma B */*? Or it has double punishment. Iam asking because for Market manipulation company is punished by double sanction ex art * sexies before criminal authority */* and quinques * TUF (consob7 Simple answer dont use web
Under Italian law, if a company is investigated solely for Article * CC (false corporate communications), it generally faces punishment under Article *-ter of Legislative Decree */*. It doesn't automatically entail double punishment unless other violations warrant it, like in market manipulation cases.
Explain more what you mean
Sure, I'll break it down for you:
- Article * CC: This relates to false corporate communications under Italian law.
- Article *-ter of Legislative Decree */*: If a company is investigated for violations like those under Article * CC, it faces penalties outlined in this decree.
- Double Punishment: This typically applies when additional violations are present. For example, in cases of market manipulation, there are extra sanctions under Article *-sexies and Article * of TUF.
So, if a company is only investigated for Article * CC, it won't automatically receive double punishment unless other violations, such as market manipulation, are involved.
I mean the only sanction applicable against company in adminstrative and criminal is only * ter?
In the case of false corporate communications under Article * CC, the primary sanction is under Article *-ter of Legislative Decree */*. This typically applies unless there are additional violations, which might trigger further penalties. If the investigation is solely based on Article * CC, it usually doesn't lead to double punishment. Are you concerned about any specific additional violations or cases?