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Judicial cooperation: financial penalties, mutual recognition. Framework Decision. Initiative France, Sweden and United Kingdom

2001/0825(CNS)

PURPOSE: the application of the principle of mutual recognition to financial penalties.

LEGISLATIVE ACT: Council Framework Decision 2005/214/JHA.

CONTENT: The Council adopted a Framework Decision on the application of the principle of mutual recognition to financial penalties.

The objective of this Framework Decision is to apply the principle of mutual recognition to financial penalties imposed by judicial or administrative authorities for the purpose of facilitating the enforcement of such penalties in a Member State other than the State in which the penalties are imposed.

The Framework Decision lists the offences giving rise to recognition and enforcement of decisions without verification of the double criminality of the act. It also covers financial penalties imposed in respect of road traffic offences.

ENTRY INTO FORCE: 22/03/2005.