European Council Issues Decision on Mutual Recognition to Financial Penalties

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Wednesday, June 1, 2005
Author: 
Bruce Zagaris
Volume: 
21
Issue: 
6
241
Abstract: 
On February 24, 2005, the European Council issued a Council Framework Decision on the application of the principle of mutual recognition to financial penalties that will facilitate the recognition and enforcement of financial penalties in criminal penalties in the European Union. The preamble explains that the principle of mutual recognition should apply to financial penalties imposed by judicial or administrative authorities for the purpose of facilitating the enforcement of such penalties in an EU Member other than the State in which the penalties are imposed. On November 29, 2000, the Council adopted a program of measures to implement the principle of mutual recognition of decisions in criminal matters, giving priority to the adoption of an instrument applying the principle of mutual recognition to financial penalties. The Framework Decision also covers financial penalties imposed in respect of road traffic offenses...[more]