Brussels calls for criminal punishments

first_imgWednesday 8 December 2010 9:20 pm More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com BRUSSELS may demand that countries impose criminal penalties for breaking some financial rules, in a bid to toughen up regulation across the European Union.In a second consultation paper yesterday about financial penalties, EU officials said there was too much variation in sanctions between countries.One proposal is for Brussels to set minimum penalties across the board – including the requirement of criminal sanctions for the most serious crimes. The consultation is open until 19 February.At the moment, banking sector penalties range from less than €150,000 (£126,000) in several countries, to unlimited fines in others. In the securities sector, only 18 countries have fines for insider trading. The maximum levels range from more than €1m to less than €200,000. Show Comments ▼ whatsapp Share Brussels calls for criminal punishments KCS-content Tags: NULL whatsapplast_img