Sentences with phrase «high financial penalties»

Very high financial penalties if any turtle is killed?

This is why we have applied the highest financial penalty available to us.

Not exact matches

The Maryland attorney general's office ordered Towson - based High Point Wealth Management to halt a business it runs from the former offices of a financial management company that faced penalties last year for fraudulently misrepresenting investment risks...

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.

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.

«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.

«Medicare's current plan to increase penalties through the HAC Reduction Program does not address these concerns, and may in fact exacerbate the problem since hospitals with high HAC rates will face even greater financial pressure to engage in upcoding,» the researchers write.

One potential approach would require individuals to maintain health insurance or face some kind of financial penalty when they next seek coverage, although insurers still could be blocked from charging higher premiums based on health status.

Other states have laws that protect parents» right to opt their children out or refuse high - stakes standardized testing and no federal financial penalties of any sort have been imposed on schools in those states as a result of these laws.

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.

There's lots better options for short - term cash parking, like an Implicity Financial or Hubert Financial high - interest savings account, an EQ Bank savings account, or a Coast Capital Savings 1 - year flexible GIC of 2.25 % that is redeemable, without penalty, I believe, after 90 days.

At a typical six months» interest, incurring the penalty can be a smart financial decision in exchange for making your funds available for a new, higher - rate CD.

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.

If the total of your TFSA contributions to all your TFSAs, regardless of financial institution, exceeds your contribution limit, you may face a penalty tax of 1 % per month on the highest excess amount for each month that the excess remains in the account (s).

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

With up to six penalty - free transactions per monthly statement cycle, this is an ideal choice for those who want both high rates and financial flexibility.

The cost of capital in a financial crisis is exceptionally high as a result — if the taxpayers are seeing their credit be used for semi-private purposes, they had better receive a very high penalty rate for the financing.

Financial penalties for dying in the game can be quite high, and we have found that saving up cash can be quite a challenge in the manic world of GTA online when you're trying to survive against ruthless police officers, other gun - toting players and purchasing necessities like weapons and ammo.

According to one estimate the income from an illegally logged tree can be up to six times higher than the potential financial penalties.

More wide - reaching and onerous than the existing Data Protection Act, GDPR also carries the threat of severe financial penalties for firms found to be in breach, with maximum fines being 20 million Euros, or 4 % of the firm's global turnover — whichever is higher.

There continues to be a focus on aggressive enforcement of financial crime legalisation, with high levels of penalties and disgorgements of profits.

All issued tickets will have a financial penalty associated with them, and the fines in California are some of the highest in the country, ranging into hundreds of dollars.

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.

Our mandate is to incorporate clients long term and short term financial plans - this way client's DO NOT end up paying higher penalties in the future.