Sentences with phrase «with financial penalties»

Either an offer or a counteroffer may be withdrawn at any time before it is accepted, with no financial penalties.

Partners at defendant insurance law firm Plexus Law have been asked to agree to a two - year lock - in which could see them hit with financial penalties if they leave any earlier, with the news coming as Keoghs nears a deal to take over the business, Legal Week understands.

An enforced investigation could be costly to you and your firm, with financial penalties, public censure and many other sanctions possibly being issued by the FCA.

As a result, the 2005 Energy Policy Act gave [the Federal Energy Regulatory Commission] the ability to regulate reliability, and now they have mandatory reliability standards with financial penalties for noncompliance.

The company has committed to bringing 5,000 jobs to New York within 10 years, a target that comes with financial penalties in the event of failure.

The company had to halt operations on Feb. 10 after it was hit with financial penalties for operating as an Internet - based tech platform rather than as a transportation company, which Taiwanese authorities have said was a misrepresentation of its business.

POD companies only offer specific trim sizes, and other formats may come with a financial penalty.

Not exact matches

The country's Financial Services Commission (FSC) said Friday that it was banning all ICOs in the country, with a threat of «stern penalties» for those who continue with the fundraising method.

She also recently signed a three - year contract with the publisher that would have financial penalties should she choose to leave.

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

Teams that don't comply with the rule face financial penalties, says Robert Gulliver, the chief HR officer of the NFL.

If you find yourself in a financial emergency with your money locked away in retirement accounts, it can be painful having to pay a 10 % early withdrawal penalty just to get access to your own money.

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.

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.»

In «Comparing Nest Eggs: How CPP Reform Affects Retirement Choices,» authors Alexandre Laurin, Kevin Milligan and Tammy Schirle find that once the interaction of these age - based CPP adjustments with the tax system is taken into account, some lower - income Canadians will still have financial incentive to retire early, because they face penalties if they don't.

The Financial Crimes Enforcement Network (FinCEN), working in coordination with the U.S. Attorney's Office for the Northern District of California (USAO - NDCA), assessed a $ 700,000 civil money penalty recently against Ripple Labs Inc. and its whollyowned subsidiary, XRP II, LLC (formerly known as XRP Fund II, LLC).

Both the CTFC and SEC working in conjunction with one another filed civil suits against the company, seeking disgorgement, financial penalties and other preliminary and permanent injunctions against the company.

It has also vowed to remove cancellation penalties on full - supply agreements with bottling plants, and boost the transparency of its audits and financial disclosure, it added.

d. creation of a supermarket ombudsman with penalty powers and a mandatory code of conduct for supermarkets (across all commodities) backed by direct financial penalties.

d. Creating a supermarket ombudsman with penalty powers and a mandatory code of conduct for supermarkets (across all commodities) backed by direct financial penalties.

According to the report, Inter have been slapped with a # 15m fine for breaking Financial Fair Play rules but it's not believed the penalty would affect the proposed transfer.

• Greater financial penalties for supermarkets flaunting current guidelines with promoting and selling infant formula;

All of this will be worked out after the case, so it's up to the charity to consider if it's worth getting involved in something which could land them with such severe financial penalties that it puts them out of business.

One of the biggest questions heading into New York's fiscal 2016 Executive Budget presentation was how Governor Andrew Cuomo would choose to allocate an unprecedented, one - shot $ 5.4 billion windfall «surplus» originating with fines and penalties collected from financial institutions.

Federal and state banking regulators have hit Barclays with a $ 2.4 billion fine for its role in manipulating spot trading in the foreign exchange market and New York is due to receive $ 485 million from the penalty, the Department of Financial Services on Wednesday announced.

Despite bringing more prosecutions, most cases will continue to be dealt with by HMRC levying financial penalties rather than seeking a criminal conviction.

The NCA letter dated February 4, 2016, observed with concern and displeasure the continuous failure on the part of Glo Mobile Ghana to meet its financial obligations to the Authority with respect to invoices on «Surrender Portion for international incoming Traffic «as per the Electronic Communications (Amendment) Act, 2009, Act 786, international Gateway Renewal License, Regulatory Fees, Annual Fee for usage of Microwave Link frequencies and penalties for QoS infractions indebtedness to the NCA.

In the run up to March 2015, HMRC will examine other ways to encourage employers to comply with the rules, in addition to financial penalties.

Hospitals nationwide are seeking to improve physicians» communication with patients, especially as they face financial penalties for readmissions.

«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.

«There is no other action associated with this settlement, no admission or denial of wrongdoing and no financial penalty,» the company said of the culmination of a two - year investigation by the New York Attorney General's Office in which it was accused of violating state laws prohibiting «false and misleading conduct» in statements to the public and investors.

Poor procurement decisions and a failure to comply with procurement legislation could result in legal challenges from suppliers, contracts being cancelled and financial penalties which can be costly, time - consuming and impact on your school's reputation.

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.

The states have one year to fully comply with their agreements before they lose their NCLB flexibility and are subject to financial penalties.

Contracts made by officials with a financial interest in the outcome may be voided in some cases, and the officials can even face civil and criminal penalties.

Takata was hit with the largest civil penalty for a safety violation ever last year, and the company faces serious financial hurdles going forward.

The Vitara S with its new 1.4 - litre turbocharged petrol is said to return up to 52.3 mpg on the combined test cycle, and with CO2 emissions of 127g / km there's not much of a financial penalty for the extra performance.

You can also be hit with a penalty APR if you are late with your credit card payment or in noncompliance with any other policies set forth by your financial institution.

Amendments to the Bank Act to strengthen protection of financial consumers, for example requirements for cooling - off periods that allow consumers with second thoughts to cancel an agreement without financial penalty

Being hit with a penalty APR can make it even more difficult to get back onto firm financial ground.

Speaking with an accountant or tax professional is recommended to avoid any financial missteps by paying taxes or penalties unnecessarily.

However, the reality is that the penalty is much greater than 5.24 % because you're dealing with limited resources and human influencers when it comes to the financial aid process.

This will create major hardships not just for borrowers who suffer serious financial penalties for failure to repay, but for the taxpayers left with the bill.

Before making any extra payments toward debt, check with the lenders and financial institutions to see if they charge any prepayment penalties for doing so.

Before proceeding with this option, you and your tax adviser should review your financial situation carefully in light of your contribution room, the amount of the contribution, the penalty tax, etc..

It really pays to do the research on penalties and fees, not just the interest rates, so that if you do take a loss with an early withdrawal, it doesn't have to equal a bad financial decision.

Financial penalties ordered by the court in connection with a criminal court proceeding are not discharged in a bankruptcy case.

As with any financial decision with tax, penalty and other financial implications it is important to understand what is involved, how it applies to your situation and what the ramifications may be.

An employer who distributes forms with false information — such as an incorrect employee tax identification number, or incorrect reporting of wages paid or taxes withheld — is subject to financial penalties.