US EditionTougher Penalties for Companies for Violating EU Sanctions – Fines of up to 40 Million Euros
Summary by Tärkeimmät Talousuutiset | Kauppalehti…
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55 visits In compliance with its powers of control and sanction of the Law on Extended Responsibility of the Producer, better known as the Law REP, the Superintendency of the Environment (SMA) initiated the first two sanction procedures against the owners who did not comply with the obligations set out in the regulations. It is the companies Huawei and Insacomex.
Reforms to the EU Sanctions Directive will introduce harsher penalties for violating sanctions and expand criminal liability to new situations, writes Paula Airas.
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