Sentences with phrase «financial penalties which»

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.

If you are found to be in breach you will be issued with a notice of underpayment which includes a requirement not only to make good any underpayment but also to pay a financial penalty which can be up to 200 % of the arrears, capped at # 20,000 per worker.

Not exact matches

Financial consequences include penalties which have «tripled, quadrupled» since the enactment of the Affordable Care Act.

The company had to halt operations on Feb. 10 after it was hit with financial penalties for operating as an Internet - based tech platform rather than as a transportation company, which Taiwanese authorities have said was a misrepresentation of its business.

Vladeck, the Georgetown professor, see he expects «some sort of an agreement between the FTC and Facebook which will call for very serious financial civil penalties, and a new consent decree that will ratchet up the restrictions on the way Facebook gathers information.»

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.

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.»

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.

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.

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.

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.

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.

Nudges — which are now being tested and implemented by government agencies in the United Kingdom, Australia, Germany, the Netherlands, Singapore, and the United States — diverge from traditional policy tools in that they encourage certain behaviors without restricting an individual's options or exacting financial penalties.

Checking back into the hospital within 30 days of discharge is not only bad news for patients, but also for hospitals, which now face financial penalties for high readmissions.

«There is no other action associated with this settlement, no admission or denial of wrongdoing and no financial penalty,» the company said of the culmination of a two - year investigation by the New York Attorney General's Office in which it was accused of violating state laws prohibiting «false and misleading conduct» in statements to the public and investors.

As is its custom, Lincoln has priced the MKZ Hybrid at the same entry - level point as the base gas - powered version of the car, which means there's no financial penalty to pay for going green.

Finally, most programs include no prepayment penalties, which means that a sudden financial improvement can see the graduate repay their loan ahead of schedule without punishment.

Under the rules governing the CSS profile for financial aid, which is applicable to private universities, OR the more popular FAFSA, which applies to state universities, there is a PENALTY imposed against OTHER AVAILABLE FINANCIAL AID which is currently 5.24 % of the aid amount.

So $ 500M goes to the Consumer Financial Protection Bureau (CFPB), which will go into their civil penalties fund.

As a result of not paying their credit card bills for months, credit card companies add fees and penalties to consumers» credit card balances and often even begin collection efforts to recoup the debt, all of which puts the consumers in a worse financial situation.

If more control of the process is required to determine a new financial institution then IRA proceeds can still be closed and a check cut which would then need to be deposited into a new qualifying IRA account within 60 days to avoid penalties in taxes.

These findings reinforce the need to end the practice by which financial institutions provide unsafe, high - cost credit through overdraft penalty programs.

For shorter - term goals, consider platforms like a Tax - Free Savings Account, which is flexible and doesn't have the same financial penalties.

This seems to be effectively a financial penalty on divorcees, especially since a divorce late in the year will retroactively invalidate your income tax - withholding rate, which I believe isn't something many people plan for.

Individual Retirement Accounts are managed by any number of various financial institutions and as such those institutions may impose account management fees or early termination penalties which should be understood before opening an account.

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.

As a result, credit card companies add fees and penalties to consumers credit card balances and often even begin collection efforts to recoup the debt, all of which puts the consumers in a worse financial situation.

Nearly two in five women in that age group (39 percent) do not pay their bills on time, making them more likely to be subjected to late fees and other penalty charges, which can have negative impacts on their financial health.

Peabody's filings revealed funding for the American Legislative Exchange Council, the corporate lobby group which opposes clean energy standards and tried to impose financial penalties on homeowners with solar panels, as well as a constellation of conservative thinktanks and organisations.

Meanwhile, Rep. Leach introduced legislation, which was signed by Governor Ducey last month, that will limit financial penalties for utilities who fail to meet renewable energy standards if voters decide to increase them in November.

Although in Spasic the partial execution concerned the financial component of the composed penalty, an indiscriminate application of the Court's assumption could undermine the protective function of ne bis in idem, which constitutes, in terms of proportionality, part of its essence.

Last year, DPAs agreed by the SFO totalled # 640 million in financial penalties and costs, of which Rolls - Royce comprised the lion's share: more than # 510m (a # 497.25 m fine plus costs).

The preliminary reference in the case at hand originates from a dispute in Poland between ENEA S.A. («ENEA»), a State - owned company which is active in the production, marketing and sale of electricity, and the president of Urzędu Regulacji Energetyki (Office for the regulation of energy, «URE») concerning a financial penalty imposed on ENEA for breach of its obligation to supply CHP electricity (Article 9a (8) of the Law on Energy).

The only evidence of any financial implications of the Taiwanese proceedings is found in the «Criminal Judgment», dated March 9, 1994, in which [the wife] seems to have been presented with the uneasy choice of serving three months in jail or paying a penalty of $ 30 per day.

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.

Consistent with the emphasis on good corporate governance is the fact that a self - report, among other things, is relevant at later stages in the criminal justice process: sentencing guidelines on the sentencing of corporates introduced in October 2014 (to which courts have regard when determining financial penalties under DPAs) refer to a corporate's culture as relevant to determining its sentence in the event of a conviction for bribery offences, among others, in the UK: a culture of wilful disregard for the commission of offences will lead to a corporate being placed at the most culpable end of the spectrum and facing the heaviest fines available.17 Further, the amended Public Contracts Regulations 2015 introduced on 26 February 2015 allow blacklisted companies to bid for public contracts if they prove, among other things, that they have «clarified the facts and circumstances in a comprehensive manner by actively collaborating with the investigating authorities».18

The provision of special costs in an anti-SLAPP bill also creates a financial penalty on the plaintiff for bringing a SLAPP suit, which ought to discourage potential plaintiffs from bringing these suits.

Perceived low financial penalties are in part the drive for the impending European General Data Protection Regulation (GDPR), which increases maximum fines to $ 20 million or 4 % of global turnover.

Partners at defendant insurance law firm Plexus Law have been asked to agree to a two - year lock - in which could see them hit with financial penalties if they leave any earlier, with the news coming as Keoghs nears a deal to take over the business, Legal Week understands.

Whilst the financial penalty has also doubled (up from # 100 to # 200 as a fixed penalty), it is the Government's knee - jerk emphasis on 6 points which attracts attention.

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.

«Indeed for my part, I would encourage Magistrates» Courts before whom prosecutions are brought or, for that matter, Crown Courts before which any prosecution comes on indictment, to reflect in any financial penalty imposed the amount of commercial advantage which has been obtained by a person through the unlawful deposit of controlled waste.»

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 («DFSfinancial 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 («DFSFinancial Services («DFS»).

With respect to the amount of penalties, the Consob Sanction Office and Consob Board shall refer to the relevant turnover, using the offender's annual turnover for the last financial year in which the financial statement has been approved by the competent commission.

The research findings from The Veritas 2017 GDPR Report, which surveyed more than 900 senior business decision makers in 2017 across Europe, the U.S. and Asia Pacific, also found that more than 20 per cent (21 %) are very worried about potential layoffs, fearing that staff reductions may be an inevitable outcome as a result of financial penalties incurred as a result of GDPR compliance failures.

In the US, it is illegal under the Investment Advisers Act of 1940 to offer Universal Life Insurance as an «investment» to individuals, but it is frequently offered by agents as a tax - advantaged financial vehicle from which they can borrow as needed later without tax penalties.

Grace period is a provision made in insurance contracts that provides you some extra time beyond due date during which financial obligations like premium payment may be met without penalty.

The «illegal means of payment» comes with heavy penalties for any parties involved in paying for products or services through Bitcoin — following the hard - line taken by China, which considers cryptocurrency Initial Coin Offerings (ICOs) a «disruption to financial order.»

Vladeck, the Georgetown professor, see he expects «some sort of an agreement between the FTC and Facebook which will call for very serious financial civil penalties, and a new consent decree that will ratchet up the restrictions on the way Facebook gathers information.»

These companies either made or received payments in the form of illegal kickbacks for mortgage business referrals, which resulted in the CFPB imposing financial penalties, disgorgement and numerous restrictions on business operations.