Sentences with phrase «potential civil fines»

Penalties for failure to report or false reporting would include criminal charges as well as potential civil fines starting at $ 25,000.

Not exact matches

Andy McGregor, banking litigation partner at RPC, says: «The banks will have been negotiating with the regulator for months trying to come to a settlement to reduce the size of their fine, but also trying to limit the extent to which the FCA's final penalty notice includes any admissions or evidence that could be used against them in a potential civil claim in the future.

The potential penalties for contravening the civil misleading representations provisions of the Competition Act include Competition Tribunal or court orders to cease the conduct, publish a corrective notice, pay restitution and / or pay «administrative monetary penalties» (essentially civil fines) of up to $ 750,000 for individuals ($ 1 million for subsequent violations) and $ 10 million for corporations ($ 15 million for subsequent violations).

Potential penalties include criminal fines, civil «administrative monetary penalties» or «AMPs» (essentially civil fines), imprisonment, damages (or settlements) arising from private civil actions and court orders (injunctions or prohibition orders) to stop or modify conduct.

Potential outcomes include civil fines and loss or suspension of license.