Legal 500 – Legal Landscapes: Austria: White-Collar Crime

Legal 500 – Legal Landscapes: Austria: White-Collar Crime

Legal 500 – Legal Landscapes: Austria: White-Collar Crime

Legal Landscapes by Legal 500: Thomas Voppichler and Felix Eggenburg explore Austria’s rapidly growing white-collar crime landscape.

Austria is experiencing a significant intensification of white-collar crime enforcement. Major corporate insolvencies, a challenging economic environment, and record AML penalties have brought insolvency-related fraud, money laundering, and personal liability of directors and advisors firmly into play. Authorities and private parties are more aggressively pursuing criminal complaints, while cross-border investigations and digitalised case management are allowing enforcement to speed up and become more sophisticated. Strong compliance programs and a clearer understanding of personal D&O exposure are no longer optional – they are fundamental.
Looking ahead, crypto-related crime, cyber fraud, director disqualification rules, and strengthened whistleblower protections will likely continue to reshape the risk landscape.

Read more here: https://www.legal500.com/guides/legal-landscapes/austria-white-collar-crime/

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