Sentences with phrase «significant financial penalty»

The insurer paid a significant financial penalty for its decision to proceed to trial.

«An eight - week suspension is a significant financial penalty.

This might well still involve a significant financial penalty, but without the numerous hurdles involved in the DPA process.

There would be significant financial penalties were Facebook to ignore that consent decree so as I'm hearing this meeting go back and forth — I for one think it was beneficial, it's good I don't think we need more regulation and legislation now and I want to congratulate you I think on doing a good job here today and presenting your case and we now know thing's we didn't know beforehand, so thank you again.»

Regardless of whether the Notice of Termination is given for the landlord's own use under s. 48 or on behalf of a purchaser under s. 49, if the person who claimed to require possession under those sections fails to occupy the rental unit «within a reasonable time after the former tenant vacated the rental unit» (s. 57 (1) RTA), the landlord will be liable under the RTA for failing to give a «good faith» notice of termination and will be liable to significant financial penalties payable to a former tenant and to the Landlord and Tenant Board under s. 57 (3) RTA.

Failure to implement HIPAA policies and procedures could be construed as willful neglect and result in significant financial penalties.

Insight A court recent ruled that a tolling agreement, when entered into between companies that intended to merge, violated the Hart - Scott - Rodino Antitrust Improvements Act of 1976, leading to the imposition of significant financial penalties against the buyer, according to Hogan Lovells.

Failure to perform the required risk analysis and implement HIPAA compliance policies and procedures could result in significant financial penalties.

Failure to do so may result in significant financial penalties, with penalties divided into a four - tier system and ranging from $ 100 to $ 1,500,000.

Regardless of whether the Notice of Termination is given for landlord's own use under s. 48 or on behalf of a purchaser under s. 49, if the person who claimed to require possession under those sections fails to occupy the rental unit «within a reasonable time after the former tenant vacated the rental unit» (s. 57 (1) RTA), the landlord will be liable under the RTA for failing to give a «good faith» notice of termination and will be liable to significant financial penalties payable to a former tenant and to the Landlord and Tenant Board under s. 57 (3) RTA.

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

Not exact matches

This is because the financial penalties can be significant and in some jurisdictions the authorities may even seek to unwind the transaction altogether.

The Productivity Commission reviewed the NCP in 2005, noting that monetary incentives were a significant part of the success of the reforms, and recommending future use of financial incentives and penalty provisions, where appropriate.

If you need flexibility, think about investing in other financial products (or listed infrastructure entities) that allow you to withdraw your money without heavy penalties or significant delays.

In view of the ECJ, what follows from this provision is an obligation to disapply the rules of statutes of limitations periods if they prevent «the imposition of effective and dissuasive penalties in a significant number of cases of serious fraud affecting the financial interests of the European Union».

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

All these fundamental principles would be violated by the vague obligation not to apply Articles 160 (3) and 161 (2) in so far as Italian judges found that the «national rule prevents the imposition of effective and dissuasive penalties in a significant number of cases of serious fraud affecting the financial interests of the European Union» (para 58; emphasis added).

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

Like the GDPR, the financial penalties should be significant, but there should also be criminal penalties when the behavior is particularly egregious.

Compliance with Section 8 continues to be a hot zone and new enforcement actions by the Consumer Financial Protection Bureau (CFPB) and state regulators are bringing significant fines and penalties to mortgage lenders.