Criminal Responsibility For Financial Players

Opinion: (Jose Manuel Barroso, President of the European Commission): “‘This Thursday I am going to propose that individual criminal responsibility for financial players be recognised in European law,’ Barroso said in comments run by Le Parisien newspaper on Sunday.

“‘We have seen abusive behavior on the markets, some of which has provoked the current crisis. We are going to regulate these practices,’ Barroso said.

“‘Those who violate them will incur criminal penalties. That would be a first in European law and send a strong signal,’ he insisted.”

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