Increased Risk Of Criminal Liability Under CPSIA

Law360, New York (December 3, 2008, 12:00 AM EST) -- The Consumer Product Safety Improvement Act of 2008 (CPSIA), enacted Aug. 14, 2008, includes new powers to enforce criminal violations of consumer product safety rules, standards or bans for any Act enforced by the Commission.

Unlike many of the Act's new provisions that will become effective in the future, the criminal enforcement provisions became effective in September 2008.

Accordingly, importers, manufacturers, retailers and distributors of consumer products must now take steps to ensure their organizations do not knowingly violate the statutes enforced by the CPSC....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.