Russia’s Dmitriev takes gold in sprint at 2017 UCI Track Cycling World Cup in ColombiaSport February 20, 3:40
Emelianenko-Mitrione bout postponed due to American’s illnessSport February 19, 4:06
OSCE unable to identify perpetrators of cyber attacks against it - secretary generalWorld February 19, 4:02
Russian biathletes win gold in relay at 2017 IBU World Championships in AustriaSport February 18, 18:30
Putin signs decree on recognition of documents given to Donbass peopleRussian Politics & Diplomacy February 18, 17:26
Sberbank CEO says no repeat of crisis in the short termBusiness & Economy February 18, 17:24
Judging by certain statements at Munich Conference, "cold war" is still not over — LavrovRussian Politics & Diplomacy February 18, 15:19
Bout’s lawyers will challenge Court of Appeals’ decision in Supreme Court on February 21Russian Politics & Diplomacy February 18, 7:16
Turkish Minister reproaches NATO for not fulfilling obligations on its south-eastern flankWorld February 18, 7:12
MOSCOW, July 22. /TASS/. The Russian government’s commission has approved a bill stipulating a possibility to penalize foreign companies for bribing Russian partners outside the country, the government’s website reported on Wednesday.
The document envisages amendments to Russia’s Code of Administrative Offences, under which a company that has given "an illegal reward on behalf of a legal entity" outside Russia will be subject to administrative liability in compliance with the existing Russian legislation.
A penalty will be imposed, if an offence is aimed against Russia’s interests.
Under the existing Russian legislation, article "Illegal Reward on Behalf of a Legal Entity" stipulates a penalty ranging from three times to 100 times of the bribe size.
The bill was worked out as part of the National Anti-Corruption Plan for 2014-2015 endorsed by the Russian president’s decree in April last year.
"The bill’s implementation will help use the Administrative Code in all the instances of committing administrative offences outside Russia as stipulated by article 19.28 of the Code and affecting Russia’s interests," the government’s website said.
The bill will be discussed at a government session.