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The statutory penalties associated with their misdeeds are not insignificant, but neither are they criminal.
The MPs said the government should legislate to establish statutory ethics regulation with a code of conduct and enforceable statutory penalties, overseen by an independent ethics commissioner.
They then collect a bounty from a portion of the settlement or statutory penalties, which can reach as much as $150,000 an infringement.
In its place the committee proposed a model based on the Canadian system, with an independent commissioner having the power to initiate investigations and to enforce statutory penalties.
In his 151-page ruling, Judge King set Oct. 20 as the date for the second phase of the trial to allow a jury to determine punitive damages and the amount of statutory penalties.
Statutory penalties for this case include judgments between $750 and $30,000 for each infringed work and up to $150,000 per song for willful infringement.
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Carless Jones was indicted on and convicted by a jury of two counts of distributing cocaine, a crime that carries a statutory penalty of 20 years.
The company faces a maximum statutory penalty of $48.5 million, or it could be fined twice what it gained from the criminal offenses.
A spokesman for the company said: "BP believes that considering all the statutory penalty factors together weighs in favour of a penalty at the lower end of the statutory range".
But the London-based oil company's shares rose 4% after it said in a statement: "BP believes that considering all the statutory penalty factors together weighs in favour of a penalty at the lower end of the statutory range".
BP said in a statement: BP believes that considering all the statutory penalty factors together weighs in favour of a penalty at the lower end of the statutory range.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com