Regulatory Alerts2007-05-18
Law No. 26 of May 21, 2008, Modifying and Adding Articles to the Penal Code
The National Assembly of Panama enacted Law No. 26 to amend and supplement the Penal Code, specifically revising articles on criminal negligence, fraud, and public administration offenses. The legislation introduces new provisions criminalizing sexual exploitation and public procurement fraud while increasing penalties for bankruptcy, illegal firearm possession, and judicial corruption. These changes aim to strengthen legal sanctions for vulnerable victim scenarios and enhance integrity in public contracting and judicial processes.
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