Abstract

This study aims to clarify that the term “economic crime” refers to a modern set of crimes, posing harm to the legal interest that the Penal Law has unsought to protect, whereas the term “Economic Penal Law” goes beyond the notion of modern crimes to the idea of establishing special legislation. The study came to a number of conclusions and recommendations, the most significant of which is the need to repeal Paragraph C of Article 3 of Economic Crimes Law No. 11 of 1993 and its amendments, which identified a set of crimes stipulated in the Penal Law and considered them economic if they meet the general conditions for economic crime outlined in Paragraph A of the same article, as this is considered a legislative error. Jurisprudence differs in the definition of economic crime, as some have adopted an expanded definition of economic crime to include every violation of the economy in general, while others have adopted a narrow concept of economic crime to include only acts that harm the national economy or the public confidence.

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