Brussels, 10/01/2002 (Agence Europe) - On 16 January, the European Parliament will debate the report by Carmen Cerdeira Morterero (PES, Spain) on the initiative by the UK, France and Sweden concerning mutual recognition of financial penalties.
The cross-border imposition of financial penalties is currently regulated by two European agreements - the 1970 The Hague Convention on international sanctions and the 1991 Convention on the application of foreign sanctions. The 1970 Convention has...