Sentences with phrase «impose financial penalties»

The Office of Fair Trading (OFT) has the power to impose financial penalties and prohibitions, and enjoys wide powers to investigate cartels, market position abuse breaches and monopoly investigations.

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.

HUNDREDS of «carbon cops» will police compliance with the carbon tax and will have the power to inspect premises, take companies to court and impose financial penalties.

• Giving the CRTC the power to impose financial penalties on companies that do not comply with the rules.

National courts sentenced fraudsters to a cumulative 125 years» imprisonment during 2010 and imposed financial penalties amounting to nearly $ 1.47 billion as a result of OLAF's cases.

The passing of the royal charter opens the door for a judge to impose a financial penalty on a newspaper even when it wins a libel case — although any such move would have to wait for a year until the state - backed regulator is established.

Trump has made several campaign promises around immigration, including building a wall between the U.S. and Mexico, deporting 11 million undocumented immigrants, imposing financial penalties on sanctuary cities that shelter undocumented immigrants, and banning Muslims from entering the United States.

An ISDS award may also potentially result in imposing a financial penalty for complying with EU law.

It can direct the BBC to broadcast a correction or statement of Ofcom's finding (or both), direct the BBC not to repeat a programme, and can impose a financial penalty up to a maximum of # 250,000 on any occasion.

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»).

In the event that a front - line regulator fails in any of its duties and obligations under the Act, the LSB is empowered to take a number of actions, including issuing directions to the front - line regulator to correct the deficiency, publishing a public censure, imposing a financial penalty, appointing a different person to perform the regulatory function, and recommending that the Lord Chancellor cancel the regulator's approval.

In August 2010, Toronto City Council passed a motion without debate that imposed a financial penalty of $ 3,150 against Mr. Ford for allegedly breaching the Toronto Code of Conduct that governs Councillors, a Code adopted in 2006.

It's also important to understand that the ACA imposes a financial penalty if you have a gap in coverage of more than two months during the year.

The settlement with America's trade watchdog the FTC, plus 32 State Attorneys General, acknowledges no wrongdoing and imposes no financial penalty — other than a paltry $ 3.5 m to...

Facebook was then ordered to pay a fine of $ 150,000 (approximately $ 164,000) to the French data privacy regulator while the Dutch privacy authorities had yet to impose a financial penalty on Facebook at that time.

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.

Not exact matches

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.

As regulators seek to impose a $ 1 billion penalty on Wells Fargo over mortgage fees and car insurance, the bank said on Friday (April 13) that its first - quarter earnings are subject to change, The Financial Times reported.

Like the Coinflip settlement, no financial penalty was imposed, causing one CFTC commissioner to dissent.

5 Under the terms of settlement, the defendants agreed to cease and desist from violating the CEA and CFTC regulations, however, no financial penalty was imposed.

Financial penalties are imposed if those targets are not met.

Second, New York was the beneficiary of $ 10 billion from bank settlements that stemmed from penalties imposed after the financial crisis.

It would not be possible to hide this tactic, and so it should be straightforward to make a legal challenge and for a court to impose some sort of penalty, either financial, or electoral, or both, on the party.

Ebdon made it clear that, if appointed, he would take his new job very seriously and impose «nuclear» financial penalties on the universities failing to meet the fair access agreements.

The EPA's comments do not refer to the financial penalty that the county requested the DEC impose on DEP to reimburse landowners along the lower Esopus for damage to property.

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..

Failing to comply with the Data Protection Act could result in large financial penalties being imposed on the school by the Information Commissioner, huge reputational damage and even prison sentences for those found culpable.

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.

As previously reported, the department has decided they will not impose the severe financial penalties on California school districts that used incorrect guidance from the state that may have resulted in districts over-identifying some ethnic groups and some disability categories as special needs students.

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.

Borrower is responsible for paying other financial institution fees and charges related to the existing loan (for example, payoff demand statement fee and / or a re-conveyance fee) as well as any prepayment penalty imposed by that lender.

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.

Some financial institutions might impose early withdrawal penalties on investments (Ex: CDs and annuities).

Quebec's financial regulatory body, the Autorite des Marches Financiers (AMF), said on Wednesday the combined amount of fines, penalties, and sanctions it imposed in 2015 exceeded $ 8.7 million.

And if brokers were held to the same standard as doctors or lawyers, critics say, fewer would be cleared of wrongdoing by the Financial Industry Regulatory Authority, or FINRA, an industry - funded group that oversees arbitrations and can impose fines and other penalties.

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.

If failure to have any necessary travel or other documents results in fines, surcharges or other financial penalty, costs or expenses being imposed on us, you will be responsible for reimbursing us accordingly.

The European Commission is determined to press ahead with the cuts despite the financial turmoil gripping the bloc, even though it would require Britain and other EU member states to impose far tougher financial penalties on their industries than are being considered by other large economies.

Historically, the financial penalties imposed by the FCA on firms for breaches of data security have been modest (see Norwich Union (2007); HSBC Life (2009); Zurich Insurance (2010)-RRB-.

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).

A financial penalty can be imposed and Solicitors can be ordered to forfeit or reimburse their fee and pay costs.

In addition, to underline the necessity to impose effective criminal penalties, the Court recalls the obligation for the Member States, under Article 2 (1) of the 1995 PIF Convention, to protect the financial interests of the EU by effective, proportionate and dissuasive criminal penalties and clearly includes VAT fraud in its definition of PIF fraud.

The GDPR provides regulators with significant investigation and enforcement powers and the ability to impose potentially severe financial penalties for non-compliance.

But when applying that test to the facts, the Court observed that the national (Swedish) measure was connected (in part) to infringements of the VAT Directive, and therefore was designed to implement an obligation imposed on the Member States by EU law «to impose effective penalties for conduct prejudicial to the financial interests of the European Union».

«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.»

The damages exposure in these civil claims can often be far greater than the financial penalties imposed by the competition authorities.

Administrative monetary penalties are financial penalties that we impose for certain violations of the laws we oversee.

Deutsche Bank has incurred the largest financial penalty for breach of anti-money laundering regulations ever imposed by the Financial Conduct Authority (FCA) or its predecessor, the Financial Services Afinancial penalty for breach of anti-money laundering regulations ever imposed by the Financial Conduct Authority (FCA) or its predecessor, the Financial Services AFinancial Conduct Authority (FCA) or its predecessor, the Financial Services AFinancial Services Authority.

Representing a government body in a prosecution involving a local landowner who had damaged a site of Special Scientific Interest - The Court imposed a total financial penalty of almost # 1,000,000 on the defendant.

Member states would have to impose custodial sentences of at least five years or financial penalties on offending companies of at least $ 750,000 for particularly serious crimes, such as those that have resulted in death or serious injury.