About: fines

Commission expects EU countries to set ‘high fines’ under new cybersecurity law

European Commission officials who pushed through new cybersecurity legislation set to take effect next week are expecting EU countries to introduce high fines against companies that disobey the rules.

Bankers to face steep fines under new EU code

Bankers could face fines above five million euros for rule-breaking under EU plans that would bring other European countries into line with Britain's tougher regime on regulating banks.