Sentences with phrase «financial penalties in»

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.

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.

Obtaining auto financing for bad - credit customers is not as difficult as one might expect, but bad credit auto financing exacts a financial penalty in the form of high interest rates or the requirement of a large down payment, or both.

To complicate matters further, the Supreme Court recently stated that provincial securities commissions can consider general deterrence when setting a financial penalty in the public interest.

Medicare prevents this gaming of the system by making people who sign up for Medicare Part D late pay a financial penalty in the form of higher monthly premiums.

Privacy attorney Kirk Nahra offers an analysis of the New York state attorney general proposing updates to the state's data security laws and issuing a substantial financial penalty in a HIPAA violations case.

Not exact matches

But the Obamacare tax penalty is still currently in place — and you could face a financial hit that's actually more expensive than simply buying a plan if you lack coverage in 2018.

The country's Financial Services Commission (FSC) said Friday that it was banning all ICOs in the country, with a threat of «stern penalties» for those who continue with the fundraising method.

The bank in its fourth quarter of 2017 also set aside a reported # 746 million for additional potential legal penalties over a personal protection insurance (PPI) mis - selling scandal, and the U.K.'s Financial Conduct Authority has set an August deadline for the PPI claims.

Legislation that would improve public reporting by railways and allow for financial penalties if they fail to deliver rail cars on time has been stalled in the Senate since the fall.

Many other financial advisors recommend similar approaches to emergency funds, such as investing in bond funds or using a Roth IRA, which allows you to withdraw contributions without tax penalties.

Included in the IDA's proposal was a requirement for CEOs and CFOs to personally sign off on company financial statements, and «increase the penalties of criminal liability and obstruction of justice» for securities fraud.

If you find yourself in dire financial need, you can withdraw money from your Roth IRA to cover the bills without paying tax penalties and making the situation even more damaging.

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.

If you find yourself in a financial emergency with your money locked away in retirement accounts, it can be painful having to pay a 10 % early withdrawal penalty just to get access to your own money.

The contract gives Mr. Trump the right to seek financial penalties of more than $ 1 million in arbitration should Ms. Clifford break or threaten to break her agreement to stay silent.

The accountability in Australia is, in this regard, less formalised, with the penalties being imposed via financial markets, the parliamentary testimonies and through loss of reputation.

In the end, Cohn pulled off a wrist - slap settlement that spared Trump and his father from a guilty plea or any financial penalty.

If the sales chump (er, I mean «licensed professional financial adviser») can't give you a complete and total rundown of every fee (expense, charge, penalty, cost or whatever other lame - ass euphemism he wants to use), run away and invest in a Vanguard index fund — just compare the expense ratio.

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.

The Enrollment Program also authorizes a superior court to have jurisdiction over enrollees by allowing it to «appoint a receiver, monitor, conservator, or other designated fiduciary or officer of the court for a defendant or the defendant's assets,» as well as authorizes the Commissioner of Business Oversight to «include in civil actions claims for ancillary relief, including restitution and disgorgement, on behalf of a person injured, as well as attorney's fees and costs, and civil penalties of up to $ 25,000» for up to four years after the purported violation occurred and «refer evidence regarding violations of the bill's provisions to the Attorney General, the Financial Crimes Enforcement Network of the United States Department of the Treasury, or the district attorney of the county in which the violation occurred, who would be authorized, with or without this type of a reference, to institute appropriate proceedings.»

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.

«The CFPB [Consumer Financial Protection Bureau] and OCC [Office of the Comptroller of the Currency] have collectively offered to resolve for an aggregate of $ 1bn in civil money penalties,» the bank said.

The Financial Crimes Enforcement Network (FinCEN), working in coordination with the U.S. Attorney's Office for the Northern District of California (USAO - NDCA), assessed a $ 700,000 civil money penalty recently against Ripple Labs Inc. and its whollyowned subsidiary, XRP II, LLC (formerly known as XRP Fund II, LLC).

Additionally, any withdrawal from a retirement account requires careful planning in order to understand the impact of penalties, fees, taxes and the impact on financial aid (since a withdrawal may be considered income).

Both the CTFC and SEC working in conjunction with one another filed civil suits against the company, seeking disgorgement, financial penalties and other preliminary and permanent injunctions against the company.

Everyone hopes to avoid landing in a situation of financial hardship, but if the situation does arise, you may be able to access your funds (early withdrawal penalties may still apply).

One of the mysteries surrounding the upcoming presidential inauguration is that of why the various celebrities who have refused to perform for the Commander in Chief have not been subject to the same brutal legal and financial penalties as those humble small business owners who have declined to bake cakes for gay weddings.

New Testament Scholars tell us that there are only three historical facts that we can be certain of about Jesus: (a) Jesus was part of the Kingdom of God movement, the belief in the divine sovereignty of Israel, and the desire for the divine expulsion of the Romans, (b) when Jesus came to Jerusalem to advance this movement, he was crucified, a penalty reserved specifically for those who posed a political or financial threat to the Roman Peace, and (c) a sect of the Kingdom of God movement continued in Jesus» name and memory, which was active in Jerusalem, and which lasted until 70 CE when the city was sacked and all the many different Zealot sects there were put down.

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

Since research has proven financial incentives and penalties («carrots and sticks») to be highly effective in motivating weight loss, many health - seekers are turning to organizations seeking to capitalize on the cash - driven dieting trend, adding their spin to an already crowded marketplace.

The Productivity Commission reviewed the NCP in 2005, noting that monetary incentives were a significant part of the success of the reforms, and recommending future use of financial incentives and penalty provisions, where appropriate.

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.

ACCC Chairman, Rod Sims, is talking penalties again in the context of investigating competition in the financial system, arguing for penalties in hundreds of millions of dollars.

For the businesses concerned, it may result in a product recall, financial penalty, criminal prosecution or even closure.

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.

If we can recall what English fa did when arsenal fc was under financial crisis in faghonsi time at man u evral will commit FAO in man u eighteen yard box, ref will blow thesame penalty against arsenal in arsenal 18yard box; infact how many dramatic incident like that happened in several occasions right there in premiership.

All of this will be worked out after the case, so it's up to the charity to consider if it's worth getting involved in something which could land them with such severe financial penalties that it puts them out of business.

Federal and state banking regulators have hit Barclays with a $ 2.4 billion fine for its role in manipulating spot trading in the foreign exchange market and New York is due to receive $ 485 million from the penalty, the Department of Financial Services on Wednesday announced.

Department of Financial Services Superintendent Maria Vullo told a state Senate committee that any legislation adopted in the wake of the Equifax data breach must include «stringent penalties» against credit reporting companies that don't abide by the law, including prohibitions against them operating in New York.

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.

Anthony Albanese, the acting head of New York's Department of Financial Services, will step down before the end of the year, giving Cuomo a run at reshaping a regulator that has levied billions of dollars of penalties against international banks and at times raised hackles in foreign capitals.

His other major financial - crime victories include snaring a record $ 1.2 billion penalty from Steven Cohen's firm, SAC Capital Advisors, which pleaded guilty to insider - trading violations in November 2013; and nailing technology - research analyst John Kinnucan, who pleaded guilty to securities - fraud charges in July 2012.

The pension forfeiture portion of the bill would apply to all public employees who are sworn in subsequent to the bill's enactment — they would also be subject to the hefty financial penalty of up to twice the sum they unlawfully collected.

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.

He could face three years in prison, a $ 250,000 fine and other financial penalties under the law, but the agreement notes his cooperation and that federal authorities will convey that to the judge at sentencing — if cooperation continues.

The boycotts could cost Long Island's public schools more than $ 200 million in federal and state financial aid if Washington imposes penalties for low student test - participation rates, key superintendents in Nassau and Suffolk counties said in a January letter to acting U.S. Education Secretary John B. King Jr..

In the run up to March 2015, HMRC will examine other ways to encourage employers to comply with the rules, in addition to financial penaltieIn the run up to March 2015, HMRC will examine other ways to encourage employers to comply with the rules, in addition to financial penaltiein addition to financial penalties.

There is also legislation increasing existing penalties for «sextortion,» which involves forcing another individual to engage in sexual conduct by threatening their health, safety, business, career, financial condition or reputation.

More than a dozen other people and financial firms have agreed to pay a combined $ 170 million in civil penalties.