Financial Crime World

White-Collar Crime Prosecution Process in Liechtenstein

Introduction

Liechtenstein has established a robust legal framework for prosecuting white-collar crime cases. This article provides an overview of the key steps involved in the prosecution process, from mutual legal assistance to indictment and appeal.

  • In the absence of a treaty or in case of a legal loophole, the Mutual Legal Assistance in Criminal Matters Act sets forth the prerequisites that must be met to grant mutual legal assistance in criminal matters.
    • This act provides a framework for international cooperation in criminal investigations and prosecutions.

Prosecution Service Decision

  • The Prosecution Service decides whether the perpetrator should be indicted based on the probability of a conviction, considering reasons for discontinuation or withdrawal from proceedings.
    • The Prosecution Service must weigh the evidence and assess the likelihood of a successful prosecution before making a decision.

Indictment

  • If the probability of a conviction is more than 50%, the Prosecution Service must file an indictment.
    • The accused has the right to object to the indictment within 14 days upon service to the Princely Court of Appeal.
      • This ensures that the accused has adequate time to review and challenge the indictment.

Conclusion

The prosecution process in Liechtenstein for white-collar crime cases involves several key steps, from mutual legal assistance to indictment and appeal. It is essential to note that this summary may not be comprehensive or up-to-date, and for specific legal advice, it’s always best to consult with a qualified attorney or legal expert in Liechtenstein.