SK&S Sołtysiński Kawecki & Szlęzak: Legal Alert | Sanctions law – its significance for business entities

12-04-2022

On 7 April 2022, the Government’s draft law on special remedies for counteracting support for the aggression against Ukraine and for protecting national security (“Draft”) was passed by the Polish Parliament.

The Draft provides for a number of provisions governing the competence of pertinent bodies to enforce compliance with the Regulations, including also by imposing fines of up to 20 million zlotys for failing to meet the obligations referred to in the Draft.

Importantly, the Draft envisages criminal liability for violating the requirements and prohibitions specified in the Regulations and the Draft by providing that such behaviour will be criminal.

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