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The proposed E.U. law would impose stiff fines on companies that break the law.
And that change is scary, with the threat to impose stiff tariffs on Chinese and Mexican imports.
But effective legislation must impose stiff upfront insurance fees and mandate that regulators establish a progressive scale of capital requirements.
But a think-tank has questioned the figure and urged the regulator to impose "stiff penalties" where employees are found to have broken rules.
The legislation would make it illegal for Sudanese merchants to trade with South Sudan and would impose stiff penalties on violators.
The commission had many recommendations: bar the Japanese; set country quotas; enact literacy tests; impose stiff fees to keep out the poor.
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Senate Democrats have already proposed legislation that would impose stiffer margin requirements on energy trading.
It covers most "investment products" (including, say, foreign bank deposits and variable annuities) and will enable the regulator to scrutinise providers more closely and impose stiffer penalties.
This month, the nation's upper house of Parliament passed the Companies Bill, 2012, sweeping legislation meant to overhaul auditing, impose stiffer penalties for fraud and create more government oversight of businesses.
It's also been calling for the EU to impose stiffer penalties.
The previous center-right government had imposed stiff fees only on cars considered high-emission vehicles.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com