Sentences with phrase «financial penalties because»

Unlike this week's earlier $ 22.5 million FTC settlement with Google, Facebook does not face any financial penalties because the FTC does not have the authority to levy fines when it enters an initial agreement like this one (it can only impose fines when companies violate the agreement).

«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.

Not exact matches

Because of the severe financial penalties, withdrawing money early from retirement accounts should only be done in an extreme emergency, ideally after any emergency funds and investments have been depleted.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

In «Comparing Nest Eggs: How CPP Reform Affects Retirement Choices,» authors Alexandre Laurin, Kevin Milligan and Tammy Schirle find that once the interaction of these age - based CPP adjustments with the tax system is taken into account, some lower - income Canadians will still have financial incentive to retire early, because they face penalties if they don't.

This is because the financial penalties can be significant and in some jurisdictions the authorities may even seek to unwind the transaction altogether.

The club has some severe financial issues to resolve and perhaps not being able to bring in new players will at least keep the wolf from the door because the worst thing that could happen to the Fratton Park club would be administration which would of course incur a ten point penalty and therefore make Mr. Hart's job that little bit more impossible.

The county legislature attempted to include $ 36 million in penalty revenue in this year's budget but Nassau's financial control board refused to allow the money to be counted because of the continuing legal challenge.

The taxpayer argued to the Tax Court that the 10 % early withdrawal penalty shouldn't apply because he was going through a financial hardship.

However, the reality is that the penalty is much greater than 5.24 % because you're dealing with limited resources and human influencers when it comes to the financial aid process.

Because of the penalty, refinancing no longer makes good financial sense.

CMHC quietly removed the 3 month interest penalty cap from their policy... probably because of competition from Genworth Financial Mortgage Insurance (formerly GE Mortgage Insurance and a competitor to CMHC).

Ironically, using UTMA to put college savings in your child's name can make it more difficult to finance higher education, because the financial aid formula in effect imposes a penalty on assets owned by the child.

Another way of looking at this is: because charge cards have to be paid off in full each month or else assess penalty fees, some cardholders find this to be a good way to instill financial discipline and force themselves to only buy things on credit that they can reasonably pay off.

Financial analysts believe the Rule of 78, also known as «pre-computed loans» is unfair to consumers because it penalizes anyone who pays off a loan early, though the penalty is really not that severe.

Because some online financial institutions charge a one - time or recurring fee for new accounts, be sure to preview the fee schedule for the account and ask whether the checking account is subject to penalty fees.

Roth retirement accounts have less financial penalties and restrictions than traditional IRAs or 401 (k) s because they are made up of after - tax contributions.

Because of the severe financial penalties, withdrawing money early from retirement accounts should only be done in an extreme emergency, ideally after any emergency funds and investments have been depleted.

The reason why people get in trouble is because financial problems arise preventing them from repaying the loan at which point penalties and interest are added to the principal balance and compounded each month that the loan gets further past - due.

Because I was so uninformed as a student borrower, Achieve Lending also seeks to empower consumers by providing financial education on terminology used within the loan shopping process, such as repayment schedules, penalties, forbearance and other benefits of certain loan products.

Another way of looking at this is: because charge cards have to be paid off in full each month or else assess penalty fees, some cardholders find this to be a good way to instill financial discipline and force themselves to only buy things on credit that they can reasonably pay off.

This approach is extremely dangerous because the divorcing spouse will, as part of the discovery process, obtain financial documents about those assets and be asked question under penalties of perjury.

The Ontario Divisional Court has overturned a decision of the Financial Services Tribunal in which the Tribunal revoked a mortgage brokers license because the Tribunal failed to give sufficient consideration to lesser penalties before revoking the license.

It has come to our attention that your website or website hosted by your company contains links to which results in financial losses by the company we represent, because of search engine penalties.

Businesses are taking CASL seriously because of the financial implications it will have as penalties begin rolling out (July 1, 2014: Administrative Penalties take effect; July 1, 2017: Civil Penalties takepenalties begin rolling out (July 1, 2014: Administrative Penalties take effect; July 1, 2017: Civil Penalties takePenalties take effect; July 1, 2017: Civil Penalties takePenalties take effect.)

A: Any time you are given a ticket for a motor vehicle offense, simply do not simply do not pay it, consult with an attorney because the penalties and points involved in a guilty plea and / or finding of a guilty plea could have a negative as well as financial impact on your driver's privileges.

The only reason that this private, proprietary information is now being legally highjacked by persons / organizations non gratis is because the Realtors» umbrella organization supported finacially by 100,000 Realtors across Canada, known as the Canadian Real Estate Association (CREA), buckled to unconstitutionally backed threats of financial penalties by the Competition Bureau.

As a Realtor, I've had clients over the past 2 years who were in financial trouble but the penalties were so huge (between $ 18,000 and $ 28,000 on homes under $ 400,000) that they have postponed selling their homes because the penalty would eat up all their equity.

With a complicated enough financial situation, 10 tax accountants will likely have 10 different returns, because not only is one variable how they interpret the code but also how you decide to interpret it, there will be multiple situations where the accountant will advise you on the possibilities of getting an audit, ask you how much risk tolerance you have for the different interpretations of different situations and how likely you would be to pass or fail an audit and warnings that if you fail it you will not only owe the difference in taxes but likely the penalties and interests accrued which could be over multiple years if the return gets pulled years later.

The Ontario Divisional Court has overturned a decision of the Financial Services Tribunal in which the tribunal revoked a mortgage broker's license because the tribunal failed to give sufficient consideration to lesser penalties before revoking the license.