The paper is devoted to the problem of fighting corruption in the public and private sector from the perspective of legal solutions adopted in the draft Act on Transparency in Public Life. The Draft Act will probably enter into force in the second half of 2018. And it will revolutionize the way of counteracting corruption, the burden of which will be transposed onto the heads of the public finance sector units and the businessmen having the status of at least medium entrepreneurs. This essay aims to present the most probable consequences of the upcoming legal changes. The risks and opportunities resulting from the Draft Act provisions are shortly discussed in the text.