The phrase
"financial penalties" refers to a punishment or consequences in the form of money that someone has to pay because they have done something wrong or violated certain rules or agreements.
Full definition
These laws may also provide for
financial penalties for conduct that falls below the applicable standard of care or rises to the level of outright abuse.
In a case involving a white collar crime, a person convicted on a charge is also likely to face
financial penalties in addition to possible prison time.
It is even more surprising that the NHS must pay
financial penalties if it can't find all the expected staff to lend to computer suppliers.
So it is a case of agreeing to disagree and of seeking to reduce conflict by allowing educators to create distinctive schools and allowing parents to choose among those schools
without financial penalty.
At the current time, most plans are offering decreasing flexibility regarding choice of health care providers, and assessing
severe financial penalties for choosing an out - of network provider.
This will create major hardships not just for borrowers who suffer
serious financial penalties for failure to repay, but for the taxpayers left with the bill.
If rules of origin changes take place, you may need to change the way your goods are sourced or where they are created to avoid
substantial financial penalties.
If it had been more responsible in years past, the state would not be facing such
large financial penalties and could be directing more money toward teachers or other budget priorities.
It found that the council was «significantly limited» in its ability to apply
financial penalties under the powers granted by government when it received self - regulation rights in 2005.
But a question comes to mind: should companies be more worried about their moral standing in the public eye or about preventing risks and
avoiding financial penalties?
The law provides for
financial penalties when a district's average class size exceeds their average class size in 1964 or the state's average at the time of the waiver request.
They simply could not move teachers or school leaders across pension boundaries without making them suffer
great financial penalties.
The changes placed greater emphasis on student test scores as a component of evaluations and
established financial penalties for any school districts that did not comply.
There have been four no - contest agreements since the policy was implemented and in each case there were
financial penalties agreed to by the companies under investigation.
The potential for serious
financial penalties means that breaches could pose a genuine risk to businesses, though many have been quick to stress that maximum fines will likely be rare.
This allows them to recover their insurance benefits without having to incur any serious
financial penalties in the process.
While some violations would lead to an increase in auto insurance premiums for drivers, they now can also lead to
serious financial penalties paid to the state for a period of years.
On 9 February 2017 the PRA issued its Final Notice in respect of its investigation against The Bank of Tokyo - Mitsubishi UFJ Limited («BTMU») and MUFG Securities EMEA plc («MUS (EMEA)») which imposed
financial penalties of # 17.85 m against BTMU and a fine of # 8.925 m against MUS (EMEA) for failing to be open and cooperative with the PRA in relation to enforcement action into BTMU by the New York Department of Financial Services («DFS»).
According to Le Monde, France's State Council of taxation has announced a severe lowering of
financial penalties on gains from cryptocurrencies such as bitcoin.
The company has committed to bringing 5,000 jobs to New York within 10 years, a target that comes
with financial penalties in the event of failure.
In recent months, banks and their lawyers have become increasingly alarmed at the upward trajectory of
financial penalties from U.S. authorities in a range of cases.
Some hospitals
facing financial penalties from Medicare for readmitting too many patients soon after discharge have said they are being unfairly penalized.
Failure to provide evidence of Financial Responsibility requested by a law enforcement officer investigating an accident or during a traffic stop can result in
financial penalties as follows:
Insight A court recent ruled that a tolling agreement, when entered into between companies that intended to merge, violated the Hart - Scott - Rodino Antitrust Improvements Act of 1976, leading to the imposition of significant
financial penalties against the buyer, according to Hogan Lovells.
«If nothing is done to try and curb CDI rates, healthcare systems may stand to face
financial penalties because of high rates of hospital - acquired CDI and CDI - related readmissions for CMS - reportable conditions,» said Dr. Chopra.
The Act also provides for increased risk assessments as well as an extended catalogue of administrative offenses with
increased financial penalties.
Sheldon Silver shouldn't have to sit in prison or
pay financial penalties while he appeals his corruption conviction, attorneys for the former New York state Assembly speaker argued Friday in a court filing.
Dairy group Lactalis McLelland will face a
reduced financial penalty from the Office of Fair Trading (OFT) after accepting responsibility for its role in the alleged price fixing of cheeses in the UK.
Poor procurement decisions and a failure to comply with procurement legislation could result in legal challenges from suppliers, contracts being cancelled and
financial penalties which can be costly, time - consuming and impact on your school's reputation.
Phrases with «financial penalties»