Justice Committee calls for “more meaningful” penalties for companies convicted of financial crime – OUT-LAW.com

Posted November 14th, 2013 in bribery, company law, financial regulation, fines, fraud, money laundering, news, penalties, select committees, sentencing by tracey

“Fines handed to companies convicted of fraud or other financial crimes should be calculated as a percentage of turnover, rather than with reference to the amount of financial harm caused, a committee of MPs has said.”

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OUT-LAW.com, 13th November 2013

Source: www.out-law.com