Criminal offenses in the field of economic activity related to information circulation in the Draft of the new Criminal Code of Ukraine

Abstract

The article analyzes the Draft of the new Criminal Code of Ukraine in terms of establishing criminal liability for offenses in the field of economic activity related to information circulation. Certain criminal offenses in the sphere of economic activity related to information circulation, which are currently provided for in the current Criminal Code of Ukraine, have generally found their place in the Draft of the new Criminal Code of Ukraine, but have been more clearly defined or differentiated depending on the amount of damage caused. The relevant criminal offenses are contained in Book 6 “Economic Criminal Offenses”, in sections 6.3 “Financial criminal offenses” and 6.4 “Criminal offenses against business practices”. These include: 1) financial crimes related to the circulation of information – credit fraud; use of insider information; insider information disclosure; concealment of information about the issuer’s activity; 2) financial minor offenses – insider information disclosure; improper notification of transactions being subject to financial monitoring; disclosure of financial monitoring secrecy; 3) minor offenses against business practices – illegal handling of trade and banking secrecy; fictitious bankruptcy.