Administrative sanctions Criminal liability Economic sanctions Proceeds of crime
Article 303 criminalises the laundering of the proceeds of crime. Article 304, provides that in cases where the crimes provided under Section 303 are committed in the name of, with the intervention, or for the benefit of a legal entity, such entity shall be subject to some or all of the following sanctions:
(i) a fine ranging from 2 to 10 times the value of the goods;
(ii) the partial or total suspension of its activities (for a duration of up to 10 years);
(iii) the prohibition from participating in tenders and public bids (for up to 10 years);
(iv) cancellation of legal personality of the legal entity, in cases where the legal entity was created for the purpose of committing a crime set forth in section 303 or when such crime becomes its main activity;
(v) loss or suspension of any benefits granted by the state, among others;
(vi) public shaming.
Law / Argentina / Criminal Code
The Argentine Criminal Code contains specific provisions criminalising servitude, slavery, forced labour and human trafficking. However, the Argentine Criminal Code is not applicable to corporations, and therefore this Code does not provide for criminal liability of corporations for their involvement in human trafficking, forced labour and slavery. However, while legal persons may not be prosecuted under the Criminal Code, the individual staff, agents or representatives of the corporate body responsible for the commission of a criminal offence may be held liable under the Code. Furthermore, under art. 32 of the Criminal Code, legal persons may be liable for the payment of damages caused as a result of a crime.