Sentences with phrase «include financial penalties»

Such a breach could lead to FSA enforcement action to include financial penalties and / or public censure.

Zoning obstacles that may interfere with or even prevent chicken ownership (including financial penalties for unknowingly keeping chickens in an area where it is not permitted).

Particularly, it has recommended that «the Government substantially increase the penalties available to employment tribunals to award against employers, including the financial penalties.

New disclosures related to the mortgage process (TILA / RESPA Integrated Disclosure or TRID), including financial penalties for technical violations, have increased the reluctance of many financial institutions to offer mortgage products or retain mortgages on their balance sheet.

Not exact matches

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

Several of those groups, including the National Restaurant Association, the Retail Industry Leaders Association and the Food Marketing Institute, had been fighting hard for what they referred to as «transition relief,» extra time for companies that must provide health insurance to their workers under the new law to implement the changes without having to fear financial penalties for not doing so properly.

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.

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.»

See also «Australia needs tougher penalties for banks, financial institutions, ACCC says» (RN Breakfast, ABC, 23 April 2018)(includes audio download) and AAP, «ACCC boss backs massive fines for banks» (9 News, 23 April 2018).

The Department of Financial Services on Tuesday announcement its latest enforcement action that includes a $ 315 million penalty levied against the Bank of Tokyo Mitsubishi.

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.

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.

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.

Financial penalties for readmission have been expanded beyond medical conditions to include surgical procedures.

There are global efforts to reduce the man - made emission of GHG's that likely contribute to global warming by trapping the sun's heat inside the atmosphere, including emission standards and financial penalties on excess emissions.

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.

There is a Taxpayer Relief program that allows for the reduction of penalties and interest in some cases, including natural disasters, deaths, health problems, financial hardships and mistakes made by the CRA.

BOSTON, MA — Animal protection groups including the Animal Rescue League of Boston (ARL) and MSPCA - Angell today lauded the passage of Senate Bill 2345 (formerly known as H4328 / H4244) that establishes harsher punishments and financial penalties for animal cruelty and aims to prevent abuse from happening in Massachusetts.

China's approach is diverse and includes targets and quotas, industrial and equipment standards, energy taxes and financial incentives and penalties.

Like the FCA, the ICO will have wide - ranging investigatory powers to eg, call for information about cyber attacks and breaches, as well as far - reaching enforcement powers including warnings, reprimands, prohibitions, suspensions and financial penalties of up to $ 10m or 2 % of a firm's worldwide annual turnover for systems and controls breaches.

Since DWI / DUI consequences can be severe, up to and including jail time for DWI, large financial penalties, civil lawsuits and long - term employment difficulties, it is advisable to contact an attorney as soon as possible to make sure your rights and interests are protected.

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.

If the employer is found to have discriminated against the employee, potential remedies may include reinstatement, financial penalties, and other actions intended to root out and combat systemic problems.

Tim routinely advises financial institutions, technology service providers and retailers and manufacturers on sales and use, income and franchise taxes, and key related issues including apportionment, nexus, gross receipts, business and nonbusiness income, penalties, deductions and credits.

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.

Kalra also has extensive experience representing clients before the IRS Appeals Office on numerous issues of federal income taxation, including the defense of purported tax shelters and their related penalties, the characterization of true lease transactions, the tax consequences of complex debt workouts, and the treatment of sophisticated financial products.

You must also include the social security number of your spouse or former spouse or the deduction could be disallowed and you will subject yourself to a financial penalty.

If you are charged with driving without insurance, you face significant legal and financial penalties, including:

As to the severity of the penalty, the Consob Sanction Office and Consob Board shall take into account several factors when respectively proposing and applying sanctions, including: the severity and duration of the breach, the degree of liability of the offender, the financial capacity of the offender, the profits gained or losses avoided by the offender, the damage caused to third parties, the level of cooperation of the offender with Consob and previous breaches of securities law by the offender after the breach itself, in order to avoid its repetition in the future.

Driving while prohibited is a serious charge with many implications including lengthy mandatory driving prohibitions, significant financial penalties and jail time.

Potential remedies include structural reforms (e.g. rule - making, guidance and / or proposing enhanced self - regulation), or firm - specific changes (e.g. varying regulatory permissions, public censure and / or financial penalties).

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.

If there is no financial penalty from the rental car company for canceling the reservation, then there is no need to include that in the trip cost.

Trip cancellation insurance covers nonrefundable financial penalties or losses incurred as a result of cancelling a trip for unforeseen reasons, including reimbursement for nonrefundable expenses such as flight tickets and tours.

Financial penalties include reinstatement fees and suspensions ranging from 90 days to one year.

The settlement carried no financial penalties but included a clause stating that Facebook could face fines of $ 16,000 per violation per day.

If your divorce decree requires you to assume all financial burden for the house and car that you were awarded in the divorce and you fail to make your payments or take him off the deed and title, you may be held in contempt of court and subject to penalties, including fines and even jail time.

On top of that financial expense, over 60,000 REALTORS willingly accepted the liability that comes along with personally vetting over 2.3 million Canadians on grounds of suspected terrorism, a liability that includes the threat of penalties you have noted so articulately in your article.

Financial terms that are spelled out clearly, including payment schedules and any cancellation penalties

It says that by «using data that is public and available yet difficult to come by, Monitor My Mortgage continuously scours for the best terms, rates and options for each user — even before their renewal — and includes the cost of potential penalties, giving consumers the power to oversee their biggest investment in real time, and make changes as and when it makes financial sense for them.»

The Annual Report includes statistics on current licensing levels, numbers of complaints received over the past year, and discipline penalties, as well as an overview of completed projects and initiatives, and the Council's audited financial statements for 2014 - 2015.